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What is the ProBit Global contract handling fee?
ProBit Global charges a 0.03% contract handling fee on all futures trades, which is used to cover exchange operating expenses.
Nov 24, 2024 at 09:30 pm
What is the ProBit Global contract handling fee?
ProBit Global charges a 0.03% contract handling fee on all futures trades. This fee is deducted from the trader's account balance at the time the trade is executed.
The contract handling fee is a flat fee that is charged on all trades, regardless of the size of the trade. This fee is designed to cover the costs of operating the futures exchange, including the cost of maintaining the trading platform, providing customer support, and developing new features.
In addition to the contract handling fee, ProBit Global also charges a taker fee and a maker fee on all futures trades. The taker fee is charged to traders who take liquidity from the market, while the maker fee is charged to traders who provide liquidity to the market.
The taker fee and maker fee are both set at 0.02%. These fees are designed to encourage traders to provide liquidity to the market, as they will earn a rebate on their trading fees if they do so.
Here are some additional details about the ProBit Global contract handling fee:
- The fee is charged on all futures trades, regardless of the underlying asset.
- The fee is deducted from the trader's account balance at the time the trade is executed.
- The fee is a flat fee that is not dependent on the size of the trade.
- The fee is used to cover the costs of operating the futures exchange.
Here are some examples of how the ProBit Global contract handling fee is applied:
- If a trader buys 10 ETH worth of BTC futures, they will be charged a 0.03% contract handling fee, or 0.0003 ETH.
- If a trader sells 10 ETH worth of BTC futures, they will also be charged a 0.03% contract handling fee, or 0.0003 ETH.
- If a trader buys and sells 10 ETH worth of BTC futures, they will be charged a total of 0.06% in contract handling fees, or 0.0006 ETH.
The ProBit Global contract handling fee is a relatively small fee that is designed to cover the costs of operating the futures exchange. This fee is charged on all trades, regardless of the size of the trade, and it is deducted from the trader's account balance at the time the trade is executed.
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