What is the settlement fee for trading on BitMEX?
Basim Ahmed KhanMay 03, 2022 · 3 years ago3 answers
Can you provide more details about the settlement fee for trading on BitMEX?
3 answers
- May 03, 2022 · 3 years agoThe settlement fee for trading on BitMEX is a fee charged when a position is settled. It is calculated based on the contract value and the settlement fee rate. The settlement fee rate varies depending on the type of contract and can be found on the BitMEX website. It's important to note that the settlement fee is separate from the trading fee and is only applicable when a position is closed or settled.
- May 03, 2022 · 3 years agoWhen trading on BitMEX, you will encounter a settlement fee when closing or settling a position. The settlement fee is determined by the contract value and the settlement fee rate. Different contracts may have different settlement fee rates. To find the specific settlement fee rate for a contract, you can refer to the BitMEX website or contact their customer support. It's always a good idea to be aware of the settlement fee before trading on BitMEX to avoid any surprises.
- May 03, 2022 · 3 years agoThe settlement fee for trading on BitMEX is an important aspect to consider when trading on the platform. It is charged when a position is closed or settled and is calculated based on the contract value and the settlement fee rate. The settlement fee rate can vary depending on the type of contract. For more information on the settlement fee rates for different contracts, you can visit the BitMEX website. It's always a good idea to factor in the settlement fee when calculating your potential profits or losses on BitMEX.
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