Cryptocurrency Q&A
What are liquidation fees in Delta Exchange?
What are liquidation fees in Delta Exchange?
Sara
Thu Sep 05 2024
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5 answers
889
Can you explain what liquidation fees are in the context of Delta Exchange? I'm curious about how these fees work and what factors determine their amount. Are they similar to trading fees or are they specific to margin trading and Leveraged positions? How do traders need to be aware of liquidation fees when trading on Delta Exchange?
5 answers
EnchantedNebula
Fri Sep 06 2024
In addition to spot and futures trading, BTCC also offers ALT-BTC futures contracts. For takers in these markets, the trading fee is slightly higher at 0.1%, with the same liquidation factor of 0.2. This fee structure reflects the increased risk and volatility associated with trading altcoin futures.
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CryptoPioneer
Fri Sep 06 2024
Cryptocurrency trading involves various fees, which are essential for maintaining the operation and security of exchanges. Among these, trading fees are particularly significant for active traders. For takers, who remove liquidity from the market by filling existing orders, exchanges often charge a fee to compensate for the loss of potential market depth.
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Giuseppe
Fri Sep 06 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures trading, and wallet services. Its trading fees are designed to be competitive while ensuring the stability and security of the platform.
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Lucia
Fri Sep 06 2024
For spot trading on BTCC, the trading fee for takers is typically set at a competitive rate, allowing traders to execute their orders efficiently. The specific fee rate may vary depending on the trading pair and market conditions.
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TopazRider
Fri Sep 06 2024
BTCC's futures trading platform offers both USDT linear futures and inverse futures contracts. For takers in these markets, the trading fee is set at 0.06% for both types of futures, with a liquidation factor of 0.2. This fee structure encourages responsible trading while providing traders with access to a diverse range of financial instruments.
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