Margin Trading Fees, Limits, and Rules on Bitget
[Estimated Reading Time: 4 mins]
This article provides an overview of the trading fees, borrowing limits, and rules for margin trading on Bitget. Understanding these key elements will help you manage your trades effectively, optimize costs, and mitigate risks while adhering to Bitget’s platform policies.
1. Maker Fees:
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Charged for orders that add liquidity to the market, such as unmatched limit orders.
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Base Rate: 0.1%.
2. Taker Fees:
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Charged for orders that remove liquidity, such as market orders or immediately matched limit orders.
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Base Rate: 0.1%.
3. Margin Interest Rate
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Interest is charged hourly on borrowed funds.
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The first hour is counted as a full hour.
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Interest rates vary depending on the asset and market conditions. Rates can be checked in the Borrow Repay section of the margin trading interface.
How to Access Trading Fee Discounts?
1. BGB Discounts
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Use BGB (Bitget Token) to pay for trading fees and receive a 20% discount on margin trading fees.
2. VIP Fee Schedule
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High-volume traders can benefit from Bitget’s exclusive VIP program, which offers reduced maker and taker fees, as well as discounts on margin interest rates, based on their trading volume and BGB holdings. For more details, refer to the VIP Fee Schedule available on the Bitget website.
Margin Trading Limits
Bitget enforces certain borrowing and position limits to ensure a fair and efficient trading environment:
1. Leverage and Borrowing Limits
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Leverage varies by trading pair, with Isolated Margin offering up to 10x leverage and Cross Margin up to 3x leverage.
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Borrowing limits are based on your collateral value and the available fund pool for each asset.
2. Minimum Borrowing Amount
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The minimum borrowing amount varies by asset, such as 0.0001 BTC for BTC and 10 USDT for USDT.
3. Maximum Borrowing Amount
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Maximum borrowing limits depend on the trading pair, available liquidity, and the market’s current fund pool.
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You can check your real-time borrowing limits in the Borrow Repay section.
Key Margin Trading Rules
1. Account Requirements
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KYC Verification: Users must complete at least Level 1 Know Your Customer (KYC) verification to access unrestricted margin trading.
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Ensure sufficient collateral in your Margin account before borrowing or trading.
2. Supported Assets
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Bitget supports a variety of trading pairs for margin trading, such as BTC/USDT, ETH/USDT, and more.
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View the full list of pairs in the Margin Trading interface.
3. Trading Modes
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Isolated Margin: Only the margin allocated to a specific position is at risk.
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Cross Margin: The entire margin account balance is shared across positions.
4. Risk Management
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Margin Risk Ratio = Total Liabilities ÷ Total Assets
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Liquidation Risk Ratio: If the Risk Ratio reaches 1.0, automatic repayment or liquidation of your position will occur.
5. Interest Settlement
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Interest accrues hourly and must be repaid with the borrowed principal.
How to Check Margin Trading Fees on the App?
1. Tap the Menu icon located at the top left corner of the screen.
2. Select More services at the bottom of the Quick Access section.
3. Tap the Others tab.
4. Select Fee Schedule to view the current margin trading fees and your fee tier, which is based on your trading volume and BGB holdings.
FAQs
1. What are the default fees for margin trading?
The default fee rate is 0.1% for both maker and taker trades.
2. How can I reduce my margin trading fees?
You can hold BGB tokens for a 20% fee discount or upgrade to a higher VIP level to access reduced trading fees.
3. What is the maximum leverage allowed in margin trading?
The maximum leverage depends on the trading pair, with Isolated Margin offering up to 10x and Cross Margin up to 3x.
4. How often is interest charged on borrowed funds?
Interest is calculated hourly, with the first hour counted as a full hour.
5. What happens if I fail to repay borrowed funds?
Unpaid interest and borrowed funds may result in liquidation, where your collateral will be used to repay the outstanding liabilities.
6. How do I check my borrowing limits for specific assets?
You can view your real-time borrowing and position limits in the Borrow Repay section of the Margin Trading interface.
Disclaimer and Risk Warning
All trading tutorials provided by Bitget are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including the potential loss of your funds. Past performance does not guarantee future results. Always conduct thorough research, understand the risks involved. Bitget is not responsible for any trading decisions made by users.
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