BTC Futures Scalpers Offer

Modified on Fri, 2 Aug at 5:26 PM

What is the BTC Futures Scalpers Offer?


The BTC Futures Scalping Offer allows traders to take advantage of 0 fees on closing trades. Let's assume a trader opens and closes their BTC Futures positions within 5 minutes. As per this offer, they will only need to pay a fee when opening a position and no fees when closing it. This means traders can make quick scalps without worrying about the cost of closing their positions, thereby increasing their profit potential.

Eligible users
- All the KYC Users who give their consent by clicking "Join Now" on the pop-up that appears on the BTC USD page will be able to participate in the offer. This pop-up can be accessed by clicking on the scalper offer banner present on the markets page or the "Scalper Offer" mentioned under the "Fees" on the BTC USD page. Trades that are taken before giving the consent will not be considered under this program.


Key Points:

- Scalping Duration: 5 minutes

- Applicable to: BTCUSD Futures trades only

- Position Closing Fees: Waived for eligible trades
- Applicable on partially closed position of BTCUSD within 5 mins
- Offer will be live soon, watch this space for updates


How Does It Work?


To understand the benefits, let's look at a few examples.


Example 1: Buy and Sell 1000 contracts of BTC USD Perpetual as Maker


Trade Details:


Buy Price of BTC: $60,000

Maker Fees: 0.02% x Order Notional Size

Order Notional Size: Number of contracts x Lot size x Price of BTC 

1000 x 0.001 x $60,000 = $60,000

Position Opening Fee: 0.02% x $60,000 = $12*


Now let’s suppose the BTC price moves to $60,200 and you want to capture this movement by closing this position.


Sell Price of BTC: $60,200

Taker Fees: 0.05% x Order Notional Size

Order Notional Size: Number of contracts x Lot size x Price of BTC 

1000 x 0.001 x $60,200 = $60,200

Position Closing Fee: 0.02% x $60,200 = $12.04*

Your Net Profit (Without Scalping Offer) = PNL - Fees = (60,200 - 60,000) - (Opening Fee + Closing Fee)

= 200 - ($12 + $12.04) = $175.96


Your Net Profit (With Scalping Offer) = PNL - Fees = (60,200 - 60,000) - (Opening Fee + Closing Fee)

= 200 - ($12 + 0) = $188


After participating in the Scalping Offer, your net profit is increased by $12.04


Example 2: Buy and Sell 1000 contracts of BTC USD Perpetual as Taker


Trade Details:


Buy Price of BTC: $60,000

Taker Fees: 0.05% x Order Notional Size

Order Notional Size: Number of contracts x Lot size x Price of BTC 

1000 x 0.001 x $60,000 = $60,000

Position Opening Fee: 0.05% x $60,000 = $30*


Now let’s suppose the BTC price moves to $60,100 and you want to capture this movement by closing this position.


Sell Price of BTC: $60,100

Taker Fees: 0.05% x Order Notional Size

Order Notional Size: Number of contracts x Lot size x Price of BTC 

1000 x 0.001 x $60,100 = $60,100

Position Closing Fee: 0.05% x $60,100 = $30.05*


Your Net Profit (Without Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)

= 100 - ($30.0 + $30.05) = $39.95


Your Net Profit (With Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)

= 100 - ($30 + 0) = $70


After participating in the Scalping Offer, your net profit is increased by $30.05.

Example 3: Buy 1000 contracts of BTC USD Perpetual as Maker and Sell it as Taker

Trade Details:


Buy Price of BTC: $60,000

Maker Fees: 0.02% x Order Notional Size

Order Notional Size: Number of contracts x Lot size x Price of BTC 

1000 x 0.001 x $60,000 = $60,000

Position Opening Fee: 0.02% x $60,000 = $12*


Now let’s suppose the BTC price moves to $60,100 and you want to capture this movement by closing this position.


Sell Price of BTC: $60,100

Taker Fees: 0.05% x Order Notional Size

Order Notional Size: Number of contracts x Lot size x Price of BTC 

1000 x 0.001 x $60,100 = $60,100

Position Closing Fee: 0.05% x $60,100 = $30.05*


Your Net Profit (Without Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)

= 100 - ($12.0 + $30.05) = $57.95


Your Net Profit (With Scalping Offer) = PNL - Fees = (60,100 - 60,000) - (Opening Fee + Closing Fee)

= 100 - ($12 + 0) = $88


After participating in the Scalping Offer, your net profit is increased by $30.05.


 *Fees excluding GST



To sum up, the benefits of the BTC Futures Scalping Offer:

1. Increased Profitability: By eliminating the closing fees, you can retain more of your earnings from each trade.

2. Efficient Trading: Scalping within a 5-minute window allows you to capitalize on quick market movements.

3. Cost Savings: Significant savings on closing fees enhance your overall trading efficiency.




 

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