Cryptocurrency Q&A
What is a 20% fee?
What is a 20% fee?
Valeria
Tue Oct 15 2024
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7 answers
2059
I encountered a term '20% fee' and I'm not sure what it means. I want to understand what a 20% fee represents and how it's calculated. Can someone explain this to me in simple terms?
7 answers
Paolo
Thu Oct 17 2024
Hedge funds generate significant revenue from the 20% performance fee, which serves as their primary source of income.
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Elena
Wed Oct 16 2024
BTCC, a leading cryptocurrency exchange, offers a diverse range of services that cater to the evolving needs of the digital asset market.
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CryptoVanguard
Wed Oct 16 2024
This fee is levied only when the fund's profits exceed a predetermined threshold, typically set at 8% annually.
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SumoMight
Wed Oct 16 2024
The 8% threshold ensures that investors are first rewarded with a base return before the fund can claim its performance fee.
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EnchantedPulse
Wed Oct 16 2024
Among its offerings, BTCC provides spot trading, enabling users to buy and sell cryptocurrencies at current market prices. Additionally, it facilitates futures trading, allowing investors to speculate on the future price movements of various digital assets.
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