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Bitstamp to introduce revised fee system

Bitstamp, a Slovenia-based bitcoin exchange, will introduce a new fee system which, according to it, will lower costs for most of its clients. The company announced that the revised charges will be implemented from 2nd M…

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Bitstamp, a Slovenia-based bitcoin exchange, will introduce a new fee system which, according to it, will lower costs for most of its clients. The company announced that the revised charges will be implemented from 2nd March.

The simplified fee system categorises market participants on the basis of the amount of dollars traded during a 30-day period. It has considerably lowered the transaction fees charged by the exchange.

Under the current system, a client trading less than $500 would incur a 0.50% charge, while, under the new proposal traders spending less than $20,000 will be subject to a 0.25% fee.

 

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