Cryptocurrency Q&A
What is the liquidation fee for Deribit?
What is the liquidation fee for Deribit?
Maria
Fri Sep 06 2024
|
7 answers
1627
Could you please clarify for me what the liquidation fee is for Deribit? I'm interested in understanding the specific cost associated with this process, as I'm considering using the platform for my cryptocurrency trading activities. Is this fee a flat rate, or does it vary based on certain factors? And how does Deribit determine when a position needs to be liquidated? Understanding these details will help me make an informed decision about whether or not to use Deribit for my trading needs. Thank you for your assistance.
7 answers
TaegeukChampion
Sun Sep 08 2024
The allocation of these fees to the insurance fund is a strategic move by Deribit to ensure that traders are protected against potential losses in volatile markets.
Was this helpful?
86
91
Maria
Sun Sep 08 2024
At Deribit, a leading cryptocurrency derivatives exchange, liquidation fees are subject to specific charges that are designed to maintain the stability and security of the platform.
Was this helpful?
174
22
Elena
Sun Sep 08 2024
A portion of these liquidation fees is allocated to the Deribit insurance fund, which serves as a safety net for traders in the event of unexpected market movements or other risks.
Was this helpful?
280
54
BitcoinBaroness
Sun Sep 08 2024
For maker orders, which are orders that add liquidity to the market by creating a new position, the liquidation fee is set at 0.75% of the total value of the position.
Was this helpful?
207
47
GeishaWhisper
Sun Sep 08 2024
Liquidation fees are an integral part of trading on cryptocurrency exchanges, and they vary depending on the instrument being traded. On platforms that offer a wide range of instruments, these fees can be quite significant.
Was this helpful?
279
84
Load 5 more related questions
