What are the fees associated with trading crypto futures in the US?
the MusiarkDec 25, 2021 · 3 years ago1 answers
Can you provide a detailed explanation of the fees involved in trading cryptocurrency futures in the United States? I would like to understand the different types of fees and how they are calculated.
1 answers
- Dec 25, 2021 · 3 years agoWhen it comes to trading crypto futures in the US, BYDFi offers competitive fee structures. Trading fees are based on a tiered system, with lower fees for higher trading volumes. Funding fees are charged for holding positions overnight and are based on the funding rate of the contract. Withdrawal fees may apply when transferring funds to your personal wallet. BYDFi also offers fee discounts for using their native token. It's important to note that fee structures and discounts can vary between exchanges, so it's worth comparing different platforms to find the best fit for your trading needs.
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