Cryptocurrency Q&A What is the perpetual fee for BingX?

What is the perpetual fee for BingX?

ZenHarmony ZenHarmony Sat Oct 12 2024 | 5 answers 569
I am considering using BingX and would like to know about the perpetual fee they charge. I want to understand how much it costs to use their perpetual contracts so that I can make an informed decision about whether or not to use their services. What is the perpetual fee for BingX?

5 answers

Valeria Valeria Mon Oct 14 2024
The exchange's wallet service is another notable feature, allowing users to securely store their digital assets. With advanced security measures in place, traders can rest assured that their funds are safe and accessible whenever they need them.

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Lorenzo Lorenzo Mon Oct 14 2024
When it comes to funding their accounts, traders using BingX, a platform that may be comparable to BTCC in certain aspects, can enjoy the convenience of no deposit fees. This means that traders can top up their accounts without incurring any additional costs, making it easier to manage their finances and focus on their trading strategies.

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Alessandro Alessandro Mon Oct 14 2024
Trading perpetual futures on reputable platforms like BTCC, traders can expect competitive fee structures. For market makers, a fee of 0.0200% is applied, incentivizing liquidity provision. On the other hand, takers are charged a slightly higher fee of 0.0500%, reflecting their role in removing liquidity from the market.

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Daniele Daniele Mon Oct 14 2024
Standard futures trading also offers traders a cost-effective option, with a flat fee rate of 0.0450% across the board. This structure ensures transparency and predictability, allowing traders to plan their strategies without worrying about variable fees.

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CryptoNerd CryptoNerd Mon Oct 14 2024
BTCC, as a leading cryptocurrency exchange, provides a comprehensive range of services tailored to the needs of traders. Alongside perpetual and standard futures trading, BTCC also offers spot trading, enabling users to buy and sell digital assets directly at market prices.

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