Excuse me, could you please clarify the fee structure for trading FTX futures? Are there any initial fees for opening a position, or are there ongoing fees such as rollover charges or funding rates? Also, are there any additional fees for high-volume traders or for using certain features of the platform? I'm interested in understanding the overall cost of trading FTX futures so that I can make an informed decision about whether it's the right platform for me. Thank you for your help.
6 answers
Chiara
Sat Sep 07 2024
Wallet conversions, which involve converting one cryptocurrency to another within the FTX wallet, are also free of charge. This promotes flexibility and convenience for customers looking to diversify their holdings.
GyeongjuGrace
Sat Sep 07 2024
Leveraged tokens offered by FTX come with specific fees for customers. For the creation and redemption of these tokens, a crypto fee of 0.10% is imposed.
CryptoChieftainGuard
Sat Sep 07 2024
In addition to the initial fees, FTX also charges a daily management fee of 0.03% on leveraged tokens. This fee covers the ongoing costs associated with managing the tokens.
Davide
Sat Sep 07 2024
Deposits made into FTX accounts are free, encouraging customers to fund their trading activities without worrying about additional costs.
CryptoPioneer
Sat Sep 07 2024
Despite the fees, FTX offers several advantages to customers. Futures settlement, for instance, is free of charge. This allows traders to execute their futures positions without worrying about additional costs.