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What is the settlement process for trades on BitMEX?

Maher ViborgAug 25, 2024 · a year ago3 answers

Can you explain the settlement process for trades on BitMEX in detail?

3 answers

  • Gigi DungaJan 07, 2023 · 3 years ago
    Sure! When it comes to settling trades on BitMEX, it's a relatively straightforward process. Once a trade is executed, the settlement process begins. BitMEX calculates the profit or loss for each position based on the difference between the entry price and the exit price. This calculation takes into account leverage and fees. The settlement process is automatic and transparent, ensuring fair outcomes for all traders.
  • LovcourMay 30, 2024 · a year ago
    The settlement process on BitMEX is quite simple. After a trade is completed, the platform automatically calculates the profit or loss for each position. This calculation is based on the difference between the entry and exit prices, taking into consideration leverage and fees. The settlement process is efficient and ensures accurate results for traders.
  • Abhimanyu SharmaApr 04, 2024 · a year ago
    When it comes to settling trades on BitMEX, the process is handled seamlessly. Once a trade is executed, the platform automatically calculates the profit or loss for each position. This calculation considers factors such as leverage and fees. The settlement process on BitMEX is designed to be fair and transparent, providing traders with accurate results.

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