https://rollbit.com/trading/BTC
0.04% is a very low fee!
That's is not actually trading, but it is some kind bet of future price of those assets.
Very interesting, never saw this in any other casino
0.04% is a very low fee!
That's is not actually trading, but it is some kind bet of future price of those assets.
Very interesting, never saw this in any other casino
It’s an interesting feature for real, not really having to click on buy or sell like in trading but instead, we have up or down here and a bet either direction.
What I don’t tend to understand here is, how would the multiplier apply?
The flat rate fee doesn’t seem to be very advantageous if you ask me. It’s deducted at every opening and it doesn’t matter if you loss the bet on trade direction or not but, when it comes to the PnL fee, you don’t get any deductions should you take a loss.
From what I found was that if you plan on losing alot OR you plan on winning alot of extremely small price moves then its worth it just using the PnL fee. Because there is no fees essentially if the trade is a loss, and if the trade is a win but you are exiting maybe $100 from entry (using Bitcoin as an example) then you are better off using PnL.
However if you are planning on taking profit at $500 or $1000 from your entry then you are better off using the flat fee. However I am pretty sure 99% of people taking bets there are doing it for the short term. So they are all using the former fee option.