Cryptocurrency Q&A
How are trading fees calculated in Delta Exchange?
How are trading fees calculated in Delta Exchange?
Chiara
Sat Sep 28 2024
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6 answers
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Can you explain how trading fees are determined on Delta Exchange? I'm particularly interested in understanding the factors that contribute to the calculation process, whether there are any discounts available for high-volume traders, and if there are any additional fees to be aware of when trading on the platform. Additionally, is there a fee schedule or calculator available for traders to reference?
6 answers
GalaxyWhisper
Mon Sep 30 2024
Trading fees on cryptocurrency exchanges are a crucial aspect of the market. On many platforms, these fees are based on the notional size of the position, which is the total value of the contract being traded. This approach ensures that traders are charged fairly, based on the size of their trades.
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BlockchainWizard
Mon Sep 30 2024
When a position is in liquidation, it means that the trader has insufficient margin to maintain the position and the exchange is forced to close it out. Delta Exchange, a popular cryptocurrency exchange, offers a unique feature for such situations.
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GyeongjuGloryDaysFestival
Mon Sep 30 2024
If Delta Exchange is able to close a liquidated position at a price that is better than the bankruptcy price, it will do so. This means that the exchange will try to minimize the loss for the trader and the exchange itself.
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CryptoKnight
Sun Sep 29 2024
From the remaining margin of the liquidated position, Delta Exchange will add a portion of it to the Insurance Fund. This fund is designed to protect traders and the exchange from unexpected losses and to ensure the stability of the platform.
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CryptoElite
Sun Sep 29 2024
The Maintenance Margin is a critical component of this process. It is the minimum amount of margin required by the exchange to maintain a position. If the margin falls below this level, the position is subject to liquidation.
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