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Are there any discounts or promotions available for short selling fees in the crypto market?

avatarKelleher MonradDec 26, 2021 · 3 years ago3 answers

I'm wondering if there are any discounts or promotions currently available for short selling fees in the crypto market. Are there any platforms or exchanges that offer special deals or reduced fees for short selling? I'm looking to maximize my profits and minimize my costs when it comes to short selling cryptocurrencies. Can anyone provide some insights on this?

Are there any discounts or promotions available for short selling fees in the crypto market?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, some exchanges offer discounts or promotions for short selling fees in the crypto market. For example, Binance occasionally runs promotional campaigns where they reduce the fees for short selling. It's worth keeping an eye on their announcements and social media channels to stay updated on any ongoing promotions.
  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, I'm not aware of any specific discounts or promotions for short selling fees in the crypto market at the moment. However, it's always a good idea to check with different exchanges and platforms as they may have their own offers or incentives for short sellers. It's also worth considering the overall trading fees and liquidity of the exchange before making a decision.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular crypto exchange, offers discounted short selling fees as part of their ongoing promotions. They have a tiered fee structure that rewards high-volume traders with lower fees. If you're an active short seller, BYDFi could be a great option for you to take advantage of their discounted fees. Make sure to check out their website for more details and eligibility requirements.