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The importance of considering spreads

In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade (ie, when you buy, sell or swap crypto on our platform). It is important to understand that the spread is separate from the trading fee and both should be considered when trading.

This spread and the trading fee are factored into the price you see before you confirm your trade. There are two components that make up our spread: a base component (you can see this on the information page for each asset); and a component depending on the market at the time of the trade.