Are there any fees associated with shorting crypto on FTX?
Rohit NegiMar 12, 2023 · 2 years ago3 answers
Can you tell me if there are any fees that I need to pay when shorting cryptocurrencies on the FTX exchange? I'm interested in knowing the costs involved before I start shorting.
3 answers
- Roger HillsonJul 09, 2022 · 3 years agoYes, there are fees associated with shorting crypto on FTX. When you short a cryptocurrency on FTX, you will be charged a borrowing fee for borrowing the asset that you want to short. This fee is typically a small percentage of the value of the borrowed asset and is charged on a daily basis. Additionally, there may be other fees such as trading fees and funding fees that you need to consider. It's important to check the FTX website or contact their customer support for the most up-to-date fee information.
- akrom abdumannopovApr 15, 2023 · 2 years agoShorting crypto on FTX does come with fees. The specific fees will depend on the cryptocurrency you want to short and the duration of your short position. FTX charges a borrowing fee for borrowing the cryptocurrency, which is usually a small percentage of the borrowed amount. In addition to the borrowing fee, there may be other fees such as trading fees and funding fees. It's recommended to review the fee schedule on the FTX website or reach out to their customer support for detailed information on the fees associated with shorting crypto on FTX.
- Fei JiangDec 30, 2022 · 3 years agoYes, there are fees associated with shorting crypto on FTX. FTX is a popular cryptocurrency exchange that offers shorting capabilities. When you short a cryptocurrency on FTX, you will be charged a borrowing fee for borrowing the asset. This fee is typically a small percentage of the borrowed amount and is charged on a daily basis. In addition to the borrowing fee, there may be other fees such as trading fees and funding fees. It's important to consider these fees when planning your short positions on FTX. For more specific fee information, you can visit the FTX website or contact their customer support.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 3220428Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 01164How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0874How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0795Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0671Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0618
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?
More