BaseFEX Removes Minimum Deposit Requirements

BaseFEX Removes Minimum Deposit Requirements

In a bid to help ensure a better experience for their users, there will no longer be any minimum deposits in place at BaseFEX.

Previously these fees meant that there was a 20 USDT minimum for USDT-settled contracts, while for BTC-settled contracts there was a minimum of 0.002 BTC. However, this will no longer be the case and you can now deposit as little as you like –making the whole system much more accompanying for a wider range of balances on hand.

The only current mandatory figure involved is that you will need to deposit enough that the network fee is covered. Those who would like to have more information about these changes have been advised to get in touch with the BaseFex customer support team on their website.

These updates from BaseFEX are the latest in a long line or other recent changes on their site including updated risk management features, the launch of EOSUSDT pairing, and lower trading fees. It will be interesting to see if there will be more user-orientated improvements on their platform in the coming months.

We will, of course, keep you informed about that as and when they happen.

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