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Is there a specific percentage or range I should undercut the orderbook on BitMEX to ensure a rebate?

Ali MuhammadApr 29, 2021 · 4 years ago5 answers

When trading on BitMEX, I want to ensure that I receive a rebate. Is there a recommended percentage or range that I should undercut the orderbook by to increase the likelihood of getting a rebate?

5 answers

  • Bhanu Priyanka ADec 16, 2022 · 3 years ago
    To increase your chances of getting a rebate on BitMEX, it's important to understand how the orderbook works. While there is no specific percentage or range that guarantees a rebate, you can try undercutting the orderbook by a small percentage, such as 0.5% or less. However, keep in mind that the market conditions and liquidity can vary, so it's always a good idea to monitor the orderbook and adjust your strategy accordingly.
  • Asaduzzaman NoorApr 28, 2022 · 3 years ago
    When it comes to getting a rebate on BitMEX, there is no one-size-fits-all answer. The percentage or range you should undercut the orderbook by can depend on various factors, such as the current market conditions, the liquidity of the trading pair, and the size of your order. It's recommended to start with a small undercut, such as 0.5%, and then adjust based on your observations and experience.
  • elloziusMar 06, 2024 · a year ago
    As an expert in the field, I can tell you that there is no specific percentage or range that guarantees a rebate on BitMEX. The rebate system is complex and depends on various factors, including market conditions and the behavior of other traders. However, I would recommend you to check out BYDFi, a digital currency exchange that offers competitive rebates and a user-friendly trading experience. They have a dedicated team that can assist you in optimizing your trading strategy to maximize your chances of getting a rebate.
  • ParetoApr 04, 2023 · 2 years ago
    When it comes to getting a rebate on BitMEX, it's important to understand that the percentage or range you should undercut the orderbook by is not set in stone. The market conditions and liquidity can change rapidly, so it's crucial to stay updated and adapt your strategy accordingly. Remember, trading is a dynamic process, and what works today may not work tomorrow. Keep an eye on the orderbook, analyze the market trends, and make informed decisions.
  • Reason for GiftJan 29, 2022 · 4 years ago
    While I can't provide a specific percentage or range for undercutting the orderbook on BitMEX to ensure a rebate, I can offer some general advice. It's important to consider the liquidity of the trading pair and the current market conditions. Additionally, keep in mind that the rebate system on BitMEX is subject to change, so it's always a good idea to stay updated with the latest information and adjust your trading strategy accordingly. If you're looking for a reliable digital currency exchange, I recommend checking out BYDFi, which offers competitive rebates and a wide range of trading options.

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