Trading Fees

Definition ∞ Trading fees are charges levied by cryptocurrency exchanges or decentralized protocols for facilitating trades and other transactions. These fees can vary based on the platform, asset traded, trade volume, and whether the order is a maker or taker order. They represent a cost for market participants. Understanding these fees is crucial for calculating overall profitability.
Context ∞ Trading fees are a constant consideration for participants in the digital asset market and a frequent topic in crypto news, especially when platforms adjust their fee structures. Competition among exchanges often centers on offering lower trading fees to attract users. The impact of high fees on profitability, particularly for frequent traders, is a recurring discussion. Gasless swaps seek to address these costs.