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Jules Guillon photo
France, Paris
1 Level
1 Review
0 Karma

Review on BTCC by Jules Guillon

Revainrating 4 out of 5

They removed overnight fees but added funding fees.

The replacement of overnight fees with funding fees by BTCC has left me with mixed feelings. While the funding fees are relatively lower, they've introduced a new challenge for traders like me because the fees are charged 3 times a day they are hard to avoid because I cant just close a trade and open it once the funding fee period is over.

ο»Ώ

Its not the same as overnight swaps where I can close my trades at where I think the peak of the day is.. I may have to change my trading strategy which was working so well.

Pros
  • removed overnight fees
Cons
  • added funding fees

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