💸 Why does $MYX have such high fees? 💸

Many traders complain about the "high cost" of trading on MYX. But the reasons are quite specific 👇

1️⃣ Funding rate (financing fee)

On perpetual contracts, it is deducted more frequently than competitors → costs accumulate faster. ⏰

2️⃣ Volatility + low liquidity

During price jumps, trades are executed worse than the expected price — this is slippage. 📉

3️⃣ Matching Pool Mechanism

A system that is supposed to reduce costs sometimes works limitedly: if there is little liquidity in the pool, the trader pays more. ⚖️

4️⃣ High leverage = high costs

The more leverage you use, the higher the potential fees. 🔥

⚡ Conclusion: MYX may be convenient for active traders, but the "cost of entry" here is higher than on traditional exchanges.

#Crypto #MYX #DeFi #Трейдинг #КриптоБиржа #Finance #инвестиции