Is Vip worth it especially for scalp traders?.

impocin said:

If you’re scalping it’s definitely worth it, I personally don’t really do much trading so I stick to the regular account, both Kraken and Coinbase have pretty manageable fees.

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fortunec9 said:

yes it mainly solves the problem of high trading fees for active users. They take lower maker and taker fees which adds up fast for scalpers doing many trades in a day.

They also give extra perks like higher withdrawal limits, priority support , sometimes rewards and yes most importantly the fee savings.

However for a scalp trader, it’s worth checking your monthly volume which is if you already trade enough to hit the first VIP level (often around $1M spot or $5-10M derivatives), you’ll likely save money. If your volume is lower, the hype may not pay off yet.

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Cryptocgamp said:

As Iran and the U.S. continue to confuse everyone during the ongoing conflict, I’ve been scrolling a lot on X trying to get first-hand information and news I can leverage.
During this, I’ve noticed a lot of people talking about VIP tiers on different trading platforms.

It got me thinking, what exactly do these VIP tiers solve? Lower fees, better recognition, or extra perks?

As a scalp trader, fees have always been a big issue for me when using brokers. Since I’ve now seen multiple tweets about VIP programs, I’ve started digging into a few.
I currently use Bybit and Bitget, so I’ll be researching those to see if it’s really worth it. A friend of mine who uses Bitget says the fees are minimal, especially for stock but I’m not sure. Not noticed it myself.

This is something I wanna explore, but Do you all think switching to VIP is worth the hype?

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