What is the fee structure for margin trading on ftx.us?
Bird KesslerMar 06, 2023 · 2 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 LaneMar 16, 2025 · 4 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 SanjiOct 20, 2021 · 4 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 KAug 15, 2024 · a year 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.
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