Toronto, Canada, July 21, 2024, Chainwire
A brand new research reveals that some Canadian crypto platforms cost as much as 19x greater charges
RankFi, an impartial benchmarking platform, has launched its newest research on cryptocurrency trade charges, which highlights vital variations in prices between 18 Canadian buying and selling platforms. This complete evaluation goals to assist crypto buyers discover the perfect offers to purchase and promote in Canada.
The research recognized two major challenges going through cryptocurrency buyers: excessive charges that scale back returns and the overwhelming process of evaluating quite a few platforms. The RankFi overview offers important info on the place customers can discover probably the most cost-effective crypto platforms.
Key findings of the research embrace:
- The typical all-in payment for getting Bitcoin on 18 Canadian exchanges was 1.90%, with the promote payment averaging 2.13%.
- Charges diverse considerably, with the most cost effective choice being 19 instances cheaper than the most costly for complete gross sales charges.
- Whereas the common buying and selling payment was 0.72%, buying and selling charges alone don’t mirror complete prices. Notably, not one of the exchanges providing 0% buying and selling charges ranked as the most cost effective to purchase Bitcoin.
“Cryptocurrency buyers usually face excessive charges that may scale back their returns. Our research is designed to make clear the place Canadians can discover the perfect offers,” stated Alex, founding father of RankFi. That is RankFi's fourth annual overview highlighting payment variations between platforms.
About RankFi
RankFi is a comparability web site providing detailed evaluation and critiques of cryptocurrency platforms worldwide. Our mission is to offer clear and unbiased info to assist cryptocurrency buyers discover the perfect platforms for his or her wants.
For extra info, customers can go to RankFi.com.
ContactAlex DabekRankFihiya@rankfi.com
This text was initially revealed on Chainwire
