BitMex Set to Update Fees For ETHZ19

BitMex Set to Update Fees For ETHZ19

BitMex are set to update their fees offered on ETHZ19 at the end of next week.

These news fees will need to be noted by any users who currently use ETHZ19 on the platform as they will be put into place by the end of next week- with specifically a date set for between 29 November 2019 12:00:05 UTC and 27 December 2019 12:00 UTC.

On this date, the rates that will then be introduced on these tokens will -0.025% and taker fees will be 0.075% for all trades on ETHZ19 only. Meanwhile, the percentages will have a maker fee of -0.05% and a taker fee of 0.25%, when the ETHH20 contract is listed. As such, if you notice a change in what you are paying from now in the near, this will owe to these changes.

It has currently not been specified whether there will be additional fees updates on any assets on their platform, nor has it been confirmed why the decision to increase these fees have been made. However, all in all, BitMex have been somewhat quiet on the news front of late, following the email scandal of a couple of weeks ago that led to many people’s contact info being shared with other users.

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