bitforex avatar

BitForex Perpetual Contract Trading Commission

bitforex

Published: 06 Mar 2020 › Updated: 06 Mar 2020BitForex Perpetual Contract Trading Commission

BitForex Perpetual Contract Trading Commission

битфорекс (4).jpg

A perpetual contract trading commission is only taken at the moment of filling in the order. The commission is indicated in the Position folder in the PNL column.

Realized PNL = Commission + Unrealized PNL

The commission is determined in the cryptocurrency that is relevant to the order. For example, the commission for a BTC/USD perpetual contract should be paid in BTC.

Commission = (Quantity of Contracts × Rate or Average Exit Price) × Commission Rate

The commission for trading different types of contracts are outlined in the table below.

TypeMax. LeverageTaker CommissionMaker Commission
BTC/USD100x0.06%0.04%
ETH/USD100x0.06%0.04%
LTC/USD100x0.06%0.04%
XRP/USD25x0.06%0.04%
GRIN/USD10x0.06%- 0

Maker commission is paid when the users that raise liquidity place low-priced buy orders and overpriced sell orders.

Taker commission is paid when the market depth increases, and the trade commission is taken via the placement of a variable order (taker).

Trade like a pro with BirForex!

Leave BitForex Perpetual Contract Trading Commission to:

Written by

Read more #comission posts


Best Posts From bitforex

We have not curated any of bitforex's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From bitforex