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Bitfinex announced that the BTC/USD spread is currently 0.005%, with no additional trading fees. For margin traders, ongoing costs are limited to the funding interest determined by the platform’s peer-to-peer market.
Bitfinex published information stating that the BTC/USD spread on its platform is currently 0.005%. The announcement also notes that there are no additional trading fees applied to these transactions. For margin trading, Bitfinex specified that the ongoing cost is limited to the funding interest on borrowed amounts, with rates determined by the peer-to-peer market. No further details were provided in the post.
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Bitfinex is a cryptocurrency exchange offering trading in a wide range of digital assets and fiat currency pairs. The platform features its own trading terminal with a mobile application, supports margin trading with leverage (up to 1:10, and up to 1:100 for derivatives), custom order types, staking, deposit programs, and demo accounts. For more details, see the broker profile on Traders Union.
For more on Bitfinex's platform enhancements, read our previous Bitfinex update on Traders Union, which covered the launch of the Recurring Buy feature allowing automated crypto purchases in the mobile app.