Cardano's fee structure offers several advantages for traders compared to centralized exchanges:
- Predictable and generally lower transaction fees.
- No percentage-based trading fees on peer-to-peer transactions.
- Potential for lower overall costs for large-volume traders.
- No withdrawal fees when moving assets off-chain.
- Opportunity to earn fees by providing liquidity on DEXs.
- Transparent fee structure with no hidden costs.
- Fees paid in ADA, simplifying accounting for frequent traders.
- Possibility of dynamic fee structures in the future based on network usage.
However, traders should consider the learning curve associated with self-managed transactions and smart contract interactions.