How does Bitmex calculate fees for market sell orders?

3 answers

• abel jobireJun 14, 2020 · 6 years ago
  Bitmex calculates fees for market sell orders based on a tiered fee structure. The fee percentage varies depending on the size of the order and the trading volume of the user. The larger the order and the higher the trading volume, the lower the fee percentage. This encourages users to trade more and helps to maintain liquidity on the platform. The exact fee structure can be found on Bitmex's website under their fee schedule. It's important to note that fees may also be subject to change based on market conditions and other factors.
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• Schaefer GibbsFeb 16, 2023 · 3 years ago
  When it comes to market sell orders on Bitmex, the fees are calculated based on the total value of the order. The fee percentage is determined by the user's trading volume over the past 30 days. The more volume a user has traded, the lower the fee percentage they will be charged. This incentivizes active traders and provides them with a cost advantage. It's worth noting that Bitmex's fee structure is competitive compared to other exchanges in the industry.
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• Esam ShawkyMay 26, 2023 · 3 years ago
  As a representative of BYDFi, I can tell you that Bitmex calculates fees for market sell orders using a dynamic fee structure. The fees are determined based on the user's trading volume and the size of the order. Bitmex aims to provide a fair and competitive fee structure to its users. It's important to regularly check Bitmex's fee schedule for any updates or changes to the fee structure. Additionally, it's always a good idea to compare fees across different exchanges to ensure you're getting the best deal.
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