SnapEx will only charge a fee when you open a position and will not charge additional fees when you close your position. There are also no other hidden transaction costs for the user.
Unlike other platforms, SnapEx does not have any platform spreads and has minimal slippages.
The current transaction fee rate is 0.15%. To enjoy further savings, you can use SNAP points to deduct the transaction fees.
Any adjustments or promotions on the fees will be announced in the official SnapEx Help Center.
When a position is open after a specific deadline (i.e., "overnight fee time", 6:00:00 Singapore time), an overnight fee will be charged;
The current overnight fee rate = Margin x (Leverage - 1) x 0.045%.
When you withdraw USDT to a third-party external wallet, it will incur a withdrawal fee of 10USDT per transfer. All withdrawals are highly secure, as SnapEx uses a multi-signed cold wallet to keep user funds safe.