How much will I receive after fees when executing a market sell order on Bitmex?
Futtrup StaffordDec 15, 2021 · 3 years ago3 answers
Can you explain how fees are calculated and deducted when executing a market sell order on Bitmex? I want to know the exact amount I will receive after all fees are taken into account.
3 answers
- Dec 15, 2021 · 3 years agoWhen executing a market sell order on Bitmex, the fees are calculated based on the trading volume and the fee rate applicable to your account. The fee rate varies depending on your trading activity and account level. The fees are deducted from the total amount you receive after the order is executed. It's important to note that the fees can have a significant impact on your final earnings, so it's always a good idea to consider them when placing trades.
- Dec 15, 2021 · 3 years agoExecuting a market sell order on Bitmex incurs fees that are deducted from the total amount you receive. The fees are calculated based on the trading volume and the fee rate applicable to your account. Bitmex has a tiered fee structure, which means that the fee rate decreases as your trading volume increases. The exact amount you will receive after fees can be calculated using the fee rate and the total value of your order. It's important to factor in the fees when determining the profitability of your trades.
- Dec 15, 2021 · 3 years agoWhen you execute a market sell order on Bitmex, the fees are automatically deducted from the total amount you receive. The fee rate depends on your trading volume and account level. Bitmex uses a tiered fee structure, which means that the more you trade, the lower the fee rate. The exact amount you will receive after fees can be calculated by subtracting the fees from the total value of your order. It's always a good idea to consider the fees when planning your trades to ensure you have a clear understanding of your potential earnings.
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