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Bitfinex announced that users can open and close margin positions with 0% trading fees, with peer-to-peer funding and up to 10× leverage available as part of its margin trading features.
Bitfinex has introduced ongoing zero trading fees for both opening and closing margin positions, as confirmed in a recent announcement and detailed on its informational page. The feature applies to margin trading with up to 10× leverage and uses a peer-to-peer funding model, where interest rates are set by the market rather than Bitfinex. While users pay no maker or taker trading fees on these margin trades, funding interest remains as the only associated cost.
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Bitfinex is a cryptocurrency exchange offering trading in Bitcoin, Ethereum, Litecoin, numerous crypto pairs, and major fiat currencies. The platform features a proprietary trading terminal, a mobile app, margin trading with leverage up to 1:10 (or up to 1:100 for derivatives), customizable order types, and a demo account for strategy testing. For more details, view the broker profile on Traders Union.
For additional context, our earlier news about Bitfinex highlighted the broker's announcement of $16.8 billion in tracked assets, which are available for public on-chain verification. You can read more details in the previous Bitfinex update on Traders Union.