🔥 Essential futures trading knowledge: trading fees
Fees are calculated based on notional value. The higher the leverage, the greater the fees for opening and closing a position as a percentage of your margin: at 0.05% each for opening and closing, the total comes to about 1% of your margin at 10x leverage.
If you’re not in a hurry to enter, you can place a limit order and wait for it to fill, which usually helps save on fees.
Current market: $BTC , price 78068.79 (24h +0.61%).
Did you used to misunderstand this too?
Fees are calculated based on notional value. The higher the leverage, the greater the fees for opening and closing a position as a percentage of your margin: at 0.05% each for opening and closing, the total comes to about 1% of your margin at 10x leverage.
If you’re not in a hurry to enter, you can place a limit order and wait for it to fill, which usually helps save on fees.
Current market: $BTC , price 78068.79 (24h +0.61%).
Did you used to misunderstand this too?
