What are the fees and trading options available on BitMEX for users interested in cryptocurrency derivatives?

1 answers

• Jamaica CapitleOct 13, 2023 · 2 years ago
  Certainly! BitMEX is a well-known cryptocurrency derivatives exchange that offers a variety of trading options. They have perpetual contracts, futures contracts, and options contracts for popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The fees on BitMEX are generally competitive, with a maker fee and a taker fee. The maker fee is charged when you add liquidity to the market, while the taker fee is charged when you remove liquidity. It's important to note that BitMEX also has a funding rate for perpetual contracts, which is a mechanism to ensure the contract price stays close to the underlying index price. This funding rate can affect the overall cost of holding a position. Overall, BitMEX provides a user-friendly platform with a range of trading options and competitive fees for users interested in cryptocurrency derivatives.
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