Conversation

1) We've removed the high-leverage fees from BTC-PERP and ETH-PERP on FTX!

Quote Tweet

FTX

@FTX_Official

Nov 20, 2020

Extra high-leverage fees no longer apply to BTC-PERP and ETH-PERP on FTX! help.ftx.com/hc/en-us/artic

SBF

@SBF_FTX

Nov 20, 2020

2) NOT INVESTMENT ADVICE

SBF

@SBF_FTX

Nov 20, 2020

3) These extra fees go straight to the insurance fund, to protect against the fact that there is a much higher risk of insurance fund losses from highly leveraged positions. However, BTC-PERP and ETH-PERP are more liquid, and so can handle the higher leverage.

SBF

@SBF_FTX

4) In addition, FTX has been around for a year and a half and the insurance fund has been steadily growing. ftx.com/status We'll continue to revisit this in the future. Note that the high-leverage fees still apply to other markets.