CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. Please seek independent advice if necessary.
Adjustment of Long Swap for Digital Coin Products on 20 March 2024
March 18, 2024
In response to prevailing market conditions and to better align with the ongoing digital coin bull market, we will be adjusting the Long swap rate for all digital coin products (except USDTJPY) to 7% per annum, effective from the close of trading on 20 March 2024. The Short swap rate will remain unchanged at 0%.
Please note the following details of the adjustment:
Symbol
Swap Rate Adjustment
Effective Time
All Crypto Products
(except USDTJPY)
Long position: 0% -> 7%* p.a.
20 March 2024
Short position: 0% (unchanged)
*A swap fee of 7% per annum will be charged for all long positions held on digital coin products. This fee will be calculated and incurred daily from Monday to Sunday.
If you have any questions or require further assistance regarding this matter, please don’t hesitate to contact our dedicated support team at [email protected].
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