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02 December 2020

Why Low Taker Fees Matter When Trading Crypto Derivatives | BTCMANAGER

Why Low Taker Fees Matter When Trading Crypto Derivatives | BTCMANAGER


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Why Low Taker Fees Matter When Trading Crypto Derivatives.

The world of crypto derivatives has come a long way since CME futures entered the market, and the likes of BitMEX introduced perpetual swaps with up to 100x leverage, providing financial contracts between two or more parties based on the future price of a digital asset.

Huobi Global offers another of the highest volume crypto derivatives platforms, though the Singapore-based exchange is more skewed toward the Asian market, despite its name.Huobiprovides futures, swaps, and options derivative products, with up to 125x leverage depending on the market.

A relative newcomer to the market,Bingbonfinds itself in the top three of crypto derivatives exchanges in terms of low taker fees, charging a competitive 0.045% to its expanding global customer base, with up to 150x leverage.

OKEx is also a top-tier crypto derivative platform by volume, though it has sufferedwithdrawal issuesof late due to an ongoing legal dispute.OKExoffers an extensive range of trading pairs and provides futures, swaps, and options products, with up to 125x leverage in relevant markets.

These levels are contested, however, for the lesser-known platform has struggled to gain traction.BitZoffers perpetual swap derivatives with a 0.06% taker fee at up to 100x leverage.

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