What are the fees for trading on BitMEX?
swarnadipJun 07, 2022 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with trading on BitMEX?
3 answers
- Jun 07, 2022 · 3 years agoTrading on BitMEX incurs several types of fees. Firstly, there are the maker and taker fees, which are charged based on your trading volume and whether you are adding liquidity to the market or taking liquidity. The fees range from 0.025% to 0.075% for takers and from -0.025% to 0.025% for makers. Additionally, there is a settlement fee of 0.05% for perpetual contracts and futures contracts. It's important to note that these fees can vary depending on the specific contract and trading pair you are using on BitMEX. Make sure to check the fee schedule on the BitMEX website for the most up-to-date information.
- Jun 07, 2022 · 3 years agoWhen trading on BitMEX, you'll encounter various fees. The maker fee is charged when you provide liquidity to the market, while the taker fee is charged when you take liquidity from the market. The fees are based on your trading volume and can range from 0.025% to 0.075% for takers, and from -0.025% to 0.025% for makers. Additionally, there is a settlement fee of 0.05% for perpetual contracts and futures contracts. It's important to consider these fees when planning your trading strategy on BitMEX.
- Jun 07, 2022 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that trading on BitMEX involves various fees. The maker fee is applicable when you provide liquidity to the market, while the taker fee is charged when you take liquidity from the market. The fees are determined based on your trading volume and can range from 0.025% to 0.075% for takers, and from -0.025% to 0.025% for makers. Additionally, there is a settlement fee of 0.05% for perpetual contracts and futures contracts. It's crucial to consider these fees when trading on BitMEX to ensure you make informed decisions and maximize your profits.
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