Cryptocurrency Q&A
What are the fees for ApolloX futures?
What are the fees for ApolloX futures?
ZenMind
Mon Sep 02 2024
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6 answers
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Could you please elaborate on the fees associated with trading ApolloX futures? Are there any upfront costs or commissions that traders need to be aware of? Additionally, are there any hidden fees or charges that may not be immediately apparent to investors? Understanding the full cost structure is crucial for making informed decisions in the market.
6 answers
Tommaso
Wed Sep 04 2024
When buying BTCUSDT Futures on ApolloX using a Market Order, traders need to consider the nominal value of the transaction. This is calculated by multiplying the number of futures contracts by the transaction price. For example, buying 1 BTCUSDT Futures contract at a price of 49,000 USDT results in a nominal value of 49,000 USDT.
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GeishaWhisper
Wed Sep 04 2024
For traders acting as Takers, the transaction fee is calculated based on the nominal value of the trade. At a Taker fee of 0.07%, the fee for the above transaction would be 49,000 USDT multiplied by 0.07%, resulting in a fee of 34.3 USDT.
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Stefano
Wed Sep 04 2024
BTCC is a renowned cryptocurrency exchange that offers a comprehensive range of services to its users. These services include spot trading, futures trading, and wallet management, among others. By providing a diverse set of tools and features, BTCC caters to the needs of traders at all levels.
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CryptoVisionary
Wed Sep 04 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies directly with each other, without the need for intermediaries. This ensures a fast and secure trading experience, with low fees and high liquidity.
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Eleonora
Wed Sep 04 2024
ApolloX offers competitive trading fees for its users, with Maker fees set at 0.02% and Taker fees at 0.07%. This fee structure is designed to incentivize liquidity and market making, ensuring a smooth and efficient trading experience for all participants.
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