What are the short rebate fees for trading cryptocurrencies?

1 answers

• Poonam KalraNov 30, 2023 · 2 years ago
  Short rebate fees are a common practice in the cryptocurrency trading world. When you borrow cryptocurrencies for short selling, the lender is exposed to the risk of the price going up, which would result in a loss for them. To compensate for this risk, exchanges charge short rebate fees to the borrower. These fees are usually a percentage of the value of the borrowed cryptocurrency and are deducted from the borrower's trading account. The exact fees can vary from exchange to exchange, so it's important to check the fee structure before engaging in short selling. Keep in mind that short rebate fees can have a significant impact on your overall profitability, so it's important to factor them into your trading strategy.
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