What is the 2 percent assets under management?

The management of assets within a hedge fund involves a carefully structured fee system. The 2% flat rate imposed on the total assets under management (AUM) serves a crucial purpose in maintaining the day-to-day operations of the fund. This fee is allocated towards covering the salaries of the dedicated staff, administrative costs, and office expenses, ensuring the smooth functioning of the fund's infrastructure.

The exchange also boasts a robust wallet service, offering secure storage solutions for users' cryptocurrencies. BTCC's wallet is designed with security in mind, incorporating multiple layers of protection to safeguard users' assets against potential threats. This service provides users with peace of mind, knowing that their digital assets are safeguarded by a trusted and reliable platform.

Apart from the flat rate fee, the hedge fund also employs a 20% performance fee. This fee is designed to incentivize the fund's key executives and portfolio managers, who play a pivotal role in generating returns for investors. By tying a significant portion of their compensation to the fund's performance, this fee structure aligns their interests with those of the investors, fostering a culture of excellence and risk-adjusted returns.

BTCC, a renowned cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of its clients. Its services encompass spot trading, where users can buy and sell digital assets at prevailing market prices, providing them with instant liquidity and access to a wide range of cryptocurrencies.

Furthermore, BTCC offers futures trading, enabling investors to speculate on the future price movements of cryptocurrencies or hedge against potential price risks. This advanced trading feature caters to both experienced traders and institutional investors seeking to capitalize on market volatility or manage their exposure to digital assets.