At 20x leverage, opening and then closing a position—what proportion of your margin goes to fees?
A Maker order is placed in the order book and waits to be filled, providing liquidity to the market. A Taker order is filled immediately against an existing order in the book.
When estimating your breakeven price, include the fees for both opening and closing the position—this matters even more when using high leverage.
For reference, here’s a live quote: $BTC at 82,589.99 (24h +0.86%).
What do you make of this? Feel free to share your thoughts in the comments.
Make your own decisions when trading—don’t follow the crowd blindly.
A Maker order is placed in the order book and waits to be filled, providing liquidity to the market. A Taker order is filled immediately against an existing order in the book.
When estimating your breakeven price, include the fees for both opening and closing the position—this matters even more when using high leverage.
For reference, here’s a live quote: $BTC at 82,589.99 (24h +0.86%).
What do you make of this? Feel free to share your thoughts in the comments.
Make your own decisions when trading—don’t follow the crowd blindly.