Are there any fees associated with the credit facility from FTX for cryptocurrency traders?

3 answers

• Krzysztof BieleckiJul 19, 2024 · 2 years ago
  Yes, there are fees associated with the credit facility from FTX for cryptocurrency traders. The fees vary depending on the amount borrowed and the duration of the loan. Generally, FTX charges an interest rate on the borrowed amount, which is calculated on a daily basis. Additionally, there might be other fees such as origination fees or late payment fees. It's important to carefully review the terms and conditions of the credit facility before using it to understand the exact fees involved.
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• Eduardo DiasJun 17, 2022 · 4 years ago
  FTX does charge fees for their credit facility. The fees are typically based on the amount borrowed and the duration of the loan. The interest rate charged by FTX is competitive compared to other platforms offering similar services. However, it's important to note that fees can vary depending on market conditions and FTX's policies. It's always a good idea to compare fees and terms from different platforms before making a decision.
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• Pyarelal BaghelJun 04, 2023 · 3 years ago
  Yes, there are fees associated with the credit facility from FTX for cryptocurrency traders. The fees are designed to cover the costs and risks associated with providing credit to traders. The specific fees charged by FTX may vary depending on factors such as the amount borrowed, the duration of the loan, and the borrower's creditworthiness. It's recommended to check FTX's official website or contact their customer support for the most up-to-date information on fees and terms.
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