Satang Pro Fees and Minimum Deposit - TU Expert review
After considering a crypto exchange’s security, examining its fees is the next crucial step. Lower fees translate to higher potential profits. Newcomers to crypto trading may also want to consider the minimum deposit required to start trading, as they might prefer to begin with a smaller investment.
Traders Union analysts have assessed Satang Pro fees and minimum deposit requirements to help prospective crypto traders make informed decisions.
Short introduction of Satang Pro
The Satang Pro exchange offers trading with popular cryptocurrencies and coins. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Cardano, and other assets are traded on this platform. Clients of the exchange are provided with a free multicurrency wallet for settlements; they can deposit funds in fiat, including the US dollar, pound sterling, euro, Russian ruble, and Chinese yuan. The exchange is Thai but operates all over the world, and it has no regional restrictions. There is no minimum deposit either, and the trading terminal is the standard in-browser TradingView version. The exchange has low commission fees of 0.25% for the taker and maker at the first trading level. With an increase in trading volume, commissions decrease. There is a typical referral program with payments of 30% of the referrals’ trading commissions. Satang Pro does not have investment programs.
👍 Advantages of trading with Satang Pro:
•many cryptocurrencies and coins for trading;
•large trading volumes;
•easy to learn and functional trading terminal inside the browser;
•low trading commissions even at the first trading level;
•no deposit fees and free multicurrency wallet;
•the wallet can be funded with fiat currencies (there are twelve in total);
•low entry threshold, easy verification, no minimum deposit;
•referral program with payments of 30% of partner commissions;
•quick communication with technical support (including a call center);
•the exchange operates under a license, with no history of fraud.
👎 Disadvantages of Satang Pro:
•no investment offers;
•there are no specialized solutions for beginners.
Satang Pro Commissions and Fees
The commissions of this crypto exchange are similar to those of most competing platforms. On Satang Pro, trading fees are based only on the user’s trading volume in the last 30 days. Commissions do not differ for taker and maker. There are eight trading levels, which are determined by the trading volume. At the lowest (first) level, with a trading volume of up to 8 million THB (equivalently, trades involving other assets are taken into account), the commission is 0.25%. At the highest (eighth) level, with a trading volume of 320 million THB, commissions are 0.12%.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | Up to 0.25% per order | Yes |
A broker is an intermediary between a trader and an exchange. Therefore, brokers charge fees for their services. The fees may have different structure.
There are the following fees in the Crypto market:
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Spread – the difference between the buy and the sell price of an asset.
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Commission per lot.
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Commission per trade.
Broker fees may differ depending on the trading account type. For example, on some accounts spread is used as a trading fee, and on others – commission per lot.
Why is it important to consider the minimum deposit at a cryptocurrency exchange?
Accessibility: The minimum deposit helps traders determine if they can afford to start trading on an exchange.
Risk Management: Exchange-set minimum deposits ensure traders have sufficient funds to cover potential losses and fees, preventing financial overextension.
Platform Suitability: The minimum deposit amount can be an indicator of the exchange’s target audience and trading volume, aiding traders in selecting a platform aligned with their goals.
Cost Considerations: Assessing minimum deposit requirements helps traders account for trading expenses.
Are the fees and minimum deposit requirements at Satang Pro suitable for beginners?
Analysis of Satang Pro shows that the broker has a rather high minimum deposit. It could pose a problem for traders, who are only starting their path in trading. Nevertheless, the fees are low. Therefore, the broker will be a good choice for professional traders.
FAQs
Is there a dependence between the fees and the deposit amount?
If a broker offers several account types, there is often a dependence. The more money you deposit, the higher the level of your account will be, and, accordingly, the lower the fees.
Can the level of the fees change if different accounts imply the use of different platforms?
Yes. Some brokers offer different trading platforms on different types of trading accounts. In this case, the size of the fee may change.
Can the level of fees differ for cent and standard accounts?
Yes. On cent accounts, the fees are generally lower than on standard accounts.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.