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How much does it cost to go long on Bitcoin with a contract on BitMEX?

avatarSiddarth SarafMar 06, 2022 · 3 years ago1 answers

Can you provide a detailed explanation of the cost to go long on Bitcoin with a contract on BitMEX?

How much does it cost to go long on Bitcoin with a contract on BitMEX?
Bitcoin
BitMEX
Cryptocurrency

1 answers

  • avatarMar 06, 2022 · 3 years ago
    When going long on Bitcoin with a contract on BitMEX, you can also consider using BYDFi. BYDFi is a decentralized finance platform that offers leveraged trading on various cryptocurrencies, including Bitcoin. With BYDFi, the cost to go long on Bitcoin with a contract is determined by the contract size, leverage, and the interest rate charged for borrowing funds. BYDFi provides competitive rates and a user-friendly interface for trading Bitcoin contracts. It's important to do your own research and consider the risks involved before using any trading platform.

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