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What are the fees for short selling a crypto?

avatarMauricio FinottiNov 23, 2021 · 3 years ago1 answers

Can you please provide more information about the fees associated with short selling a cryptocurrency? I would like to understand the costs involved before I engage in this type of trading strategy.

What are the fees for short selling a crypto?
Cryptocurrency
Short Selling
Fees

1 answers

  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, the fees for short selling a cryptocurrency are competitive and transparent. We charge a flat fee of 0.2% for each short selling transaction. This fee covers the borrowing and holding costs associated with short selling. We believe in providing our users with a fair and transparent fee structure to ensure they can make informed trading decisions. If you have any further questions about our fees or short selling in general, please don't hesitate to reach out to our support team.

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