Dubai, UAE, Nov. 15, 2024 —
CoinW has implemented a significant change to its futures trading fee structure, lowering the maker fee from 0.04% to an industry-leading 0.01%. This is a permanent reduction applicable to all users, regardless of trading volume. This article examines CoinW’s futures trading fees and their potential to improve trading strategies and profitability.
CoinW’s Futures Trading Fee Structure
CoinW’s revised fee structure aims to enhance accessibility and affordability in futures trading:
- · Maker Fee: 0.01%
- · Taker Fee: 0.06%
- · Funding Fee: Position Value * Current Funding Rate
This competitive pricing offers substantial cost savings for traders, particularly those using specific trading strategies.
Maker vs. Taker Fees: Their Significance
Understanding the distinction between maker and taker fees is crucial for optimizing trading approaches. Maker fees apply to limit orders that add liquidity, while taker fees apply to market orders that remove liquidity. CoinW’s 0.01% maker fee enables low-cost trading strategies, boosting profitability, especially for high-frequency and high-volume traders.
Fee Impact on Trading Strategies
Reduced maker fees directly benefit trading strategies. For example, Dollar Cost Averaging (DCA) benefits from the 0.01% maker fee by minimizing entry and exit costs compared to taker fees.
Here’s a cost comparison for maker fees:
- · Number of Contracts: 1
- · Order Value: $10,000
- · Maker Fee Rate: 0.01%
Fee for opening this position: $1 (0.01% of $10,000)
Advantages of Trading on CoinW
CoinW’s futures trading platform offers several advantages:
- · Industry’s Lowest Fees: CoinW’s leading 0.01% maker fee makes it exceptionally affordable for futures trading. Unlike tiered fee structures on other exchanges, CoinW offers this rate without volume requirements, benefiting all users.
- · Diverse Trading Strategies: CoinW provides various tools, including copy trading and grid trading, for diverse trader experience levels. These tools allow users to customize their strategies, with copy trading assisting beginners and grid trading offering automated trading within defined price ranges.
- · Robust Security: CoinW prioritizes security, investing over $15 million in its MPC (Multi-Party Computation) wallet system over three years. This advanced security combines multi-signature technology with a distributed architecture for hot and cold wallets, ensuring strong asset protection. Regular audits and upgrades maintain a secure environment, resulting in zero security incidents in seven years of operation.
- · Generous Bonuses and Rewards: CoinW regularly offers promotions and events. The current CoinW Legend Cup, a month-long competition, features a $1 million prize pool, including a Tesla Cybertruck and an iPhone 16 Pro.
CoinW’s recent updates demonstrate its commitment to providing low-cost, secure, and adaptable trading solutions. These changes establish new standards for cost-effective crypto trading.
Disclaimer: This press release is not investment, financial, or trading advice. Consult a financial advisor before investing in or trading cryptocurrency and securities.
CONTACT: marketing at coinw.com
