What is the fee structure for margin trading on ftx.us?
Bird KesslerOct 05, 2020 · 5 years ago3 answers
Can you provide a detailed explanation of the fee structure for margin trading on ftx.us? I would like to understand the fees involved before I start margin trading on the platform.
3 answers
- Adam LaneApr 16, 2025 · 2 months agoSure! When it comes to margin trading on ftx.us, there are a few fees to keep in mind. First, there is an opening fee of 0.02% for both the lender and the borrower. Additionally, there is a daily interest rate charged on the borrowed funds, which varies depending on the currency pair and the amount borrowed. This interest rate can range from 0.03% to 0.07% per day. It's important to note that the interest is charged on the total borrowed amount, not just the margin. Lastly, there is a closing fee of 0.02% for both the lender and the borrower when the position is closed. These fees are subject to change, so it's always a good idea to check the ftx.us website for the most up-to-date fee information.
- Karltzy SanjiNov 16, 2023 · 2 years agoThe fee structure for margin trading on ftx.us is quite straightforward. There is an opening fee of 0.02% and a closing fee of 0.02% for both the lender and the borrower. In addition to these fees, there is also a daily interest rate charged on the borrowed funds. The interest rate varies depending on the currency pair and the amount borrowed, but it typically ranges from 0.03% to 0.07% per day. It's important to factor in these fees and interest rates when considering margin trading on ftx.us.
- Balaji KSep 21, 2024 · 9 months agoBYDFi, a popular digital asset exchange, offers margin trading with a transparent fee structure. For margin trading on ftx.us, you will encounter an opening fee of 0.02% and a closing fee of 0.02% for both the lender and the borrower. Additionally, there is a daily interest rate applied to the borrowed funds, which can range from 0.03% to 0.07% per day depending on the currency pair and the amount borrowed. It's important to carefully consider these fees and interest rates before engaging in margin trading on ftx.us or any other platform.
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?