What are the fees for trading cryptocurrencies on BitMEX?

4 answers

• May 31, 2022 · 3 years ago
  Sure! When it comes to trading cryptocurrencies on BitMEX, there are a few different fees to consider. First, there is a taker fee, which is charged when you place an order that is immediately matched with an existing order on the order book. The taker fee is 0.075% for Bitcoin contracts and 0.25% for altcoin contracts. On the other hand, if you place an order that is not immediately matched and instead sits on the order book, you are considered a maker. Makers actually receive a rebate of 0.025% for Bitcoin contracts and 0.05% for altcoin contracts. Additionally, there is a settlement fee, which is charged when a contract is settled. The settlement fee is 0.05% for Bitcoin contracts and 0.25% for altcoin contracts. It's important to note that these fees can vary and it's always a good idea to check the latest fee schedule on the BitMEX website.
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• May 31, 2022 · 3 years ago
  Trading cryptocurrencies on BitMEX comes with its own set of fees. If you're a taker, meaning your order is immediately matched with an existing order, you'll be charged a fee of 0.075% for Bitcoin contracts and 0.25% for altcoin contracts. On the other hand, if you're a maker and your order sits on the order book until it's matched, you'll actually receive a rebate of 0.025% for Bitcoin contracts and 0.05% for altcoin contracts. Additionally, there is a settlement fee of 0.05% for Bitcoin contracts and 0.25% for altcoin contracts. These fees can add up, so it's important to factor them into your trading strategy.
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• May 31, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on BitMEX, the fees are structured in a way that encourages liquidity provision. As a taker, you'll be charged a fee of 0.075% for Bitcoin contracts and 0.25% for altcoin contracts. However, if you're a maker and your order adds liquidity to the market by sitting on the order book, you'll actually receive a rebate of 0.025% for Bitcoin contracts and 0.05% for altcoin contracts. This fee structure incentivizes traders to provide liquidity, which helps to ensure a more efficient market. Keep in mind that these fees can change, so it's always a good idea to check the latest fee schedule on the BitMEX website.
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• May 31, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers competitive fees for trading cryptocurrencies on BitMEX. As a taker, you'll be charged a fee of 0.075% for Bitcoin contracts and 0.25% for altcoin contracts. On the other hand, if you're a maker and your order adds liquidity to the market, you'll receive a rebate of 0.025% for Bitcoin contracts and 0.05% for altcoin contracts. Additionally, there is a settlement fee of 0.05% for Bitcoin contracts and 0.25% for altcoin contracts. These fees are in line with industry standards and can be found on the BitMEX website. Happy trading!
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