All posts
News

Futures: 0% fees for opening positions on BTC

Futures: 0% fees for opening positions on BTC

From February 10 to 17, you can test your strategies on Bitcoin by trading on Kanga Futures under more favorable conditions. We have lowered our fees – this is a good opportunity to try out futures trading in practice or test a new approach to trading.

Lower fees for BTC trading

We have reduced transaction costs for bitcoin on Kanga Futures:

  • opening a position on Bitcoin on Futures: 0%,
  • closing a position: 0.02%.

This means a lower entry threshold and greater flexibility in position management.

Funding and liquidation fees remain unchanged.

Please note: lower fees apply to positions opened and closed between February 10 (9:30 a.m.) and February 17 (10:30 a.m.). For transactions closed after February 17 (10:30 a.m.), fees will be charged according to the table.

Funding fee

This is a settlement between traders that keeps the contract price close to the spot market.

You may either pay or receive it, depending on the market direction and your position. The funding fee is charged every 4 hours. If you want to avoid costs, close your position before the fees are calculated.

Liquidation fee

This only occurs when a position is closed by the system due to excessive risk. To avoid this fee, remember to manage your risk and close your positions before they are liquidated.

Lower fees – more options

Lower transaction costs give you more room to test:

  • short-term strategies,
  • responses to volatility,
  • leverage and hedging management.

The promotion runs from February 10 (8:30 a.m. UTC) to February 17 (9:30 a.m. UTC).