What is the standard commitment fee?

The standard commitment fee, which is a yearly charge imposed by lenders, typically falls within a range of 0.25% to 1.0%. This fee, though seemingly minimal in terms of contributing to overall returns, serves an essential purpose in maintaining the availability of credit lines for borrowers.

The primary rationale behind the commitment fee is to ensure that lenders maintain the flexibility to provide credit to borrowers whenever it is required. By doing so, lenders are able to offer a degree of financial security and reliability to their clients.

In addition to spot trading, BTCC also offers futures trading, enabling traders to speculate on the future price movements of cryptocurrencies. This service provides traders with the opportunity to hedge their positions and potentially profit from market volatility.

Despite the relatively small amount of the commitment fee, it plays a crucial role in facilitating the smooth functioning of the credit market. It incentivizes lenders to keep credit lines open and ready for use, thereby promoting financial stability and liquidity.

Furthermore, BTCC offers a wallet service that allows users to securely store and manage their cryptocurrencies. With robust security measures in place, BTCC ensures that its clients' digital assets are protected against theft and unauthorized access.