What are the fees for trading on Bybit?
Ehsaan SethDec 15, 2021 · 3 years ago1 answers
Can you provide more details about the fees for trading on Bybit?
1 answers
- Dec 15, 2021 · 3 years agoBybit, a popular cryptocurrency exchange, charges trading fees and funding fees. The trading fees range from 0.025% to 0.075% per trade, depending on the trading pair and your trading volume. The funding fees are charged every 8 hours for perpetual contracts and are used to balance the positions in the market. These fees can be positive or negative, depending on the market conditions. Bybit also offers a fee discount program where you can reduce your trading fees by using their native token, BYD. Overall, Bybit's fees are competitive and comparable to other exchanges in the industry.
Related Tags
Hot Questions
- 97
What are the best practices for reporting cryptocurrency on my taxes?
- 89
What are the best digital currencies to invest in right now?
- 73
How does cryptocurrency affect my tax return?
- 64
How can I buy Bitcoin with a credit card?
- 63
What are the advantages of using cryptocurrency for online transactions?
- 56
Are there any special tax rules for crypto investors?
- 42
What are the tax implications of using cryptocurrency?
- 22
How can I protect my digital assets from hackers?