Commissions in Margin Trading — BitMEX vs Geco.one

There are hundreds of different entities on the cryptocurrency market that offer the possibility of trading. However, when trading cryptocurrencies with the help of exchanges, it is necessary to pay fees for transactions. Today we will go through several types of commissions charged by exchanges on the example of margin trading platforms. In this case, Geco.one and BitMEX as a comparison.

Commissions in Margin Trading

Most investors will sooner or later encounter maker and taker commissions.

The “maker” commission is charged in a specific case. For example, when you create a new…


12.04.2021

The price of Bitcoin has increased by around 5,000 USD in recent days, thus exceeding 61,000 USD, which is one of the highest levels in history. Similar optimism is also visible on the ETH quotes, which is currently at their highest level in history, and on the quotes of many altcoins, whose rates have increased noticeably more than BTC and ETH over the past week.

Looking at the BTC quotes, you will notice that the oldest virtual currency’s price remains close to its all-time record. If only the currently tested resistance of 61,200 USD is permanently defeated and Bitcoin’s price…


Bitcoin’s prices rose by a modest 3 per cent over the past week, and Ethereum by just over 1 per cent. Looking at the charts of these two projects, however, you can see that there are pretty significant resistance levels on the way to their further appreciation, which may be a bit confusing in the coming days.

BTC/USD

Looking at the oldest virtual currencies’ quotations, we will notice that the BTC quotes from the first half of March this year. They move inside a parallel downward channel, which is a kind of correction after earlier increases. Currently, this market is near…


Weekly crypto-market analysis from Geco.one 21.06.2021

The price of bitcoin has been dropping almost continuously for a week. At that time, the quotations of the oldest virtual currencies dropped by nearly $ 9,000. If this trend continues, we could expect to re-test technical support at around $ 30,000 in the near future.

Looking at the bitcoin quotations, it is worth noting that the BTC exchange rate from the second half of May this year moves in the horizontal trend. …


Weekly crypto-market analysis from Geco.one 14.06.2021

The price of Bitcoin increased last Sunday by more than $ 5,000, thus extending the range that lasted from 8th June this year, appreciation to almost $ 8,800, which is over 28 per cent.

Looking at the bitcoin quotes, it is worth noting that the horizontal resistance of $ 37,950 was overcome as a result of this increase. It is also noteworthy that this level was the neckline of the pro-growth inverted head and shoulders formation (oRGR). Therefore, defeating it may open the way to further increases, for which the real range seems to be around $ 42,000.

However, it…


Geco.one is one of the fastest-growing margin trading platforms globally, offering cryptocurrency trading with a 1: 100 leverage ratio. Recently, Geco.one has been supporting Golf — the Polish Business League to be exact.

Geco.one supports Golf

Geco.one, the Polish margin trading exchange, supports the popularization of cryptocurrencies in traditional business and investments. The platform puts a strong emphasis on educating investors, showing them how to profit from margin trading, and the most fundamental issues related to trading. Recently, the stock exchange has decided to expand its activities to the areas associated with the business.

Golf Business League is an initiative…


Weekly crypto-market analysis from Geco.one 07.06.2021

Recent days have seen some calming in the cryptocurrency market sentiment. Most of the projects’ ratings neither fell noticeably nor rose. However, it is worth noting that significant support levels were broken for some of them, which in practice may open the way for declines in the near future.

Looking at the bitcoin quotations, we notice that the price of the oldest virtual currency has recently moved in a horizontal trend, thus creating an isosceles triangle formation.

However, from this formation, the market broke the bottom, which may determine further declines from a purely technical point of view.

The pro-decline…


Recent days have seen some calming in the cryptocurrency market sentiment. Most of the projects’ ratings neither fell noticeably nor rose.

Looking at the Bitcoin quotes, we notice that the price of the oldest virtual currency has increased in recent days to a technical resistance of $ 41,000 and measuring 38.2 per cent. Fibonacci correction from an earlier downward impulse. It was there that the supply reaction appeared, as a result of which we saw drops again over the next few days.

It is worth noting that the BTC price has been around $ 30k–41k for some time, and it…


The term funding rates are used quite often in “futures trading” terminology. Today we take a look at what is behind this term.

Funding rates are periodic payments. They are made on behalf of traders in long or short positions. They result from differences between prices on the perpetual futures and spot markets. Depending on the type of open position, traders will either receive “funding” or will have to pay a fee.

Funding rates on the cryptocurrency market help counteract discrepancies in the prices of both markets. The fees usually scale several times a day. The most common practice in…


Recent days have brought an authentic sale on the cryptocurrency market. As a result, the prices of the vast majority of virtual assets fell by several dozen per cent. This depreciation caused the price of Bitcoin to drop by more than 50 per cent, reaching the level of $ 30,000, which was the lowest level since January this year.

Looking at the Bitcoin quotes, we notice that the price of the oldest virtual currencies has fallen to the technical support of $ 30,000 in recent days. Although there was a demand reaction around this level, the subsequent increases did not…

Geco.one

Geco.one is a Bitcoin-based cryptocurrency margin trading platform with 1:100 leverage and instant order execution for all assets.

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