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How does BitMEX charge fees for a 24-hour period?

avatarSelf BuhlDec 26, 2021 · 3 years ago3 answers

Can you explain how BitMEX calculates and charges fees for a 24-hour period?

How does BitMEX charge fees for a 24-hour period?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! BitMEX charges fees based on the trading volume of each user over a 24-hour period. The fee structure is tiered, meaning that the more you trade, the lower the fee rate. The fees are calculated based on the total trading volume of all your trades within the 24-hour period. It's important to note that BitMEX charges both maker and taker fees, with taker fees being slightly higher. The fee rates can be found on the BitMEX website and may vary depending on the type of contract you are trading.
  • avatarDec 26, 2021 · 3 years ago
    BitMEX fees are calculated using a tiered system, which means that the more you trade, the lower your fees will be. The fees are based on the total trading volume of all your trades within a 24-hour period. BitMEX charges both maker and taker fees, with taker fees being slightly higher. The fee rates can be found on the BitMEX website and are subject to change. It's important to review the fee structure before trading on BitMEX to understand how fees will impact your trading costs.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to fees, BitMEX follows a tiered structure. The more you trade within a 24-hour period, the lower your fees will be. The fee rates are based on the total trading volume of all your trades during that period. BitMEX charges both maker and taker fees, with taker fees being slightly higher. It's worth noting that the fee rates can vary depending on the type of contract you are trading. To find the exact fee rates, you can refer to the BitMEX website. Make sure to review the fee structure before engaging in any trading activities.