BtcTurk, one of the first cryptocurrency exchanges in Turkey and the world, will complete its 10th year in 2023. Well, what is the commission rate for BtcTurk, one of the most used cryptocurrency exchanges in Turkey? How much commission do you have to pay?
How are commission rates determined on BtcTurk?
BtcTurk uses the trading volume value carried out over the last 30 days when determining commission rates for users. If you want to know what is trading volume, click on the link!
Those in the range of 0-5.000.000 TL become “Tier 1”; Those with a transaction volume of 5,000,000 – 20,000,000 TL are at the “Tier 2” level.
In other words, if you have traded less than 5 million TL in the last 30 days since your current date, you pay a commission of 0.05% as a market maker in cryptocurrency trading pairs. To be more specific, if you buy 10 thousand USDT worth of cryptocurrency, you will have to pay a commission of 5 USDT. Of course, this price is a fee paid as a market maker.
If you trade as a market buyer, you will have to pay a commission of 0.09%. In other words, you will have to pay 9 USDT for a transaction of 10 thousand USDT.
So what are the commission rates on BtcTurk?
We explained how commission rates are determined on BtcTurk. So what are commission rates?
As you can see in the table below, commission rates on BtcTurk vary between 0.01% and 0.18% depending on your transaction volume.
| level | 30-day trading volume | market maker | market buyer | market maker | market buyer |
|---|---|---|---|---|---|
| 1. | 0 – 5,000,000 attempts | %0.05 (0.0005) | %0.09 (0.0009) | %0.10 (0.0010) | %0.18 (0.0018) |
| 2. | 5,000,000 – 20,000,000TRY | %0.04 (0.0004) | %0.08 (0.0008) | %0.08 (0.0008) | %0.16 (0.0016) |
| 3. | 20,000,000 – 50,000,000TRY | %0.03 (0.0003) | %0.06 (0.0006) | %0.06 (0.0006) | %0.12 (0.0012) |
| 4. | 50,000,000 – 100,000,000 attempts | %0.02 (0.0002) | %0.05 (0.0005) | %0.04 (0.0004) | %0.10 (0.0010) |
| 5. | 100,000,000TRY+ | %0.01 (0.0001) | %0.04 (0.0004) | %0.01 (0.0001) | %0.08 (0.0008) |
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