Cryptocurrency Exchange Seed CX Cuts Trading Fees to Gain Market Share
Cointelegraph By Joeri Cant's original article for cointelegraph.com reduced by 60%
Institution-oriented cryptocurrency exchange Seed CX has cut its trading fees to what it claims to be the most competitive levels globally. On Sept 16, the Chicago-based crypto exchange Seed CX announced that it was lowering its trading fees to some of the lowest levels in the industry. The fee cuts follow a week of purported record trading volumes for the exchange, briefly overtaking other top exchanges like Bittrex and the Winklevoss brothers' Gemini.
Seed CX co-founder and CEO Edward Woodford said that thanks to its aggressive fee schedule and low slippage books, they can "Look forward to continuing to lead institutional digital asset trading with best execution, operational support and technology." In February, Seed CX, the only digital asset exchange built exclusively for institutional investors, announced that its trade execution costs on the Seed Digital Commodities Market, a subsidiary of Seed CX, were among the lowest of all digital asset execution venues globally. Woodford noted that Seed CX was poised to bring "Large institutional traders, who have so far sat on the sidelines, into the crypto space," some "For the first time." Seed CX subsidiary Zero Hash adds support for derivativesCointelegraph reported on Sept. 11, that Zero Hash, a calculation and settlement agent and subsidiary of cryptocurrency platform Seed CX, has added support for derivatives.
Donate Bitcoin to this address
Scan the QR code or copy the address below into your wallet to send Bitcoin
Donate Ethereum to this address
Scan the QR code or copy the address below into your wallet to send Ethereum
Donate With MetaMask
Donate ETH With MetaMask
Alternatively, support us by using the following referral links:
CN [too long; didn’t read]
Summarised crypto news.