What are the fees for trading on Bybit?
opeyemiJan 07, 2022 · 3 years ago1 answers
Can you provide more details about the fees for trading on Bybit?
1 answers
- Jan 07, 2022 · 3 years agoBybit, a popular cryptocurrency exchange, charges trading fees and funding fees. The trading fees range from 0.025% to 0.075% per trade, depending on the trading pair and your trading volume. The funding fees are charged every 8 hours for perpetual contracts and are used to balance the positions in the market. These fees can be positive or negative, depending on the market conditions. Bybit also offers a fee discount program where you can reduce your trading fees by using their native token, BYD. Overall, Bybit's fees are competitive and comparable to other exchanges in the industry.
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