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How much did BitMEX charge for its services?

avatarStougaard OhDec 26, 2021 · 3 years ago3 answers

Can you provide more details on the fees charged by BitMEX for its services? How did the fees vary based on the type of transaction or trading volume?

How much did BitMEX charge for its services?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    BitMEX charged fees for its services based on the type of transaction and trading volume. The fee structure was designed to incentivize higher trading volumes, with lower fees for higher volume traders. The fees ranged from 0.025% to 0.075% per transaction, depending on the trading volume. The exact fee structure can be found on BitMEX's official website.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to fees, BitMEX had a tiered fee structure that varied based on the type of transaction and trading volume. The fees were generally lower for market makers who provide liquidity to the platform, while market takers who remove liquidity paid slightly higher fees. The fee structure was designed to encourage market making and higher trading volumes on the platform.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that BitMEX's fee structure was quite competitive compared to other exchanges. The fees were generally lower for high-volume traders, which made it attractive for professional traders and institutions. However, it's important to note that fees alone should not be the sole factor in choosing a cryptocurrency exchange. Factors like security, liquidity, and user experience should also be considered.