For those of you who are in GRVT, remember to set up the hedging point, and remember to close the position in time when you brush the trading volume.
#GRVT 9/1000 liquidation fee (very common on exchanges) @grvt_io
Today, let's talk about the unreasonable fees of the #GRVT Regal Exchange
Because of the need to pick up hair, I recently picked up some exchange platforms, noticed #GRVT, and then had a general understanding of the financing scale of this platform, and participated in it
I went to the DC invoicing manual and told me that the liquidation liquidation is calculated according to 9/1000 of the total amount of your position, that is, 9% (a very common ??? on various exchanges) That is, if your position is 10,000 U, the handling fee is equal to 90U, and 100,000 U is 900U, which is very common?
I only have three questions for you, look in my eyes @grvt_io
1: Which exchange requires 0.9% liquidation fee?
2: Which exchange needs to wait 48 hours to withdraw ETH from the platform?
3: Which exchange needs a fixed 15U for a single withdrawal fee?
For this exchange, I just want to say that you want to 🤏 go crazy with poor liquidity, forget it, the point of opening and closing a position can never be the first counterparty, and often can't hang an order, and the market order is the average price of buying and selling what?
A warning to the partners who do this project, you need to carefully assess the risk before doing it, because your position cannot bear its nine-thousandths liquidation fee under extreme market conditions
There are also reasons for the unpopularity
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