Cryptocurrency Q&A What is the forced liquidation fee on OKX?

What is the forced liquidation fee on OKX?

DondaejiDelightfulCharmingSmileJoy DondaejiDelightfulCharmingSmileJoy Wed Sep 04 2024 | 6 answers 876
I'm curious about the forced liquidation fee imposed by OKX, the popular cryptocurrency exchange. Could you please elaborate on what this fee entails? Is it a standard charge applied across all instances of forced liquidation, or does it vary based on certain factors? Additionally, are there any ways for traders to avoid or minimize this fee, such as maintaining a certain level of margin or adhering to specific trading strategies? Understanding the forced liquidation fee is crucial for managing risk and optimizing my trading experience on OKX, so I'd appreciate your insights on this matter. What is the forced liquidation fee on OKX?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts