Bybit Fee Increase Explained 2023 (with examples) and Reduce Your Fees with these Entry Strategy!

Bybit fees have been increased. I explain what the Bybit fee amounts were, and what they are now. I give an example to compare the Bybit fees (with a round number), as well show an example of how the fees add up after 100 trades using a Bybit fees calculator. I also show the Bitmex fees for comparison's sake. Create a Bybit account here: https://www.bybit.com/en-US/invite?ref=N5MRJP Create a Bitmex account here: https://www.bitmex.com/register/lHcEYj Track Crypto Prices with this chart tool: https://www.tradingview.com/gopro/?share_your_love=timharris1980 I also demonstrate how much extra fees you pay when you "limit in" to an order, compared to when you "market in" to an order. And the same goes for when you "limit out" compared to "market out". You will be conscious of how you enter/exit trades after watching this. The Bybit fees add up to a significant amount if you don't have a full understanding of them, so make sure you watch this video until the end. You will learn what Bybit maker fees and Bybit taker fees are, as well as the difference between the two. Market order fees cost more than limit order fees. Bybit fees structure vs Bitmex fees are also detailed. Use this tool to calculate your fees: winrate.io Learn how bybit fees increased will affect you. Please SUBSCRIBE for more videos like this: 🔴 YOUTUBE - https://bit.ly/TimHarrisVideoSubscribe VIDEO TUTORIAL PRODUCTION GEAR (ON AMAZON) =============================== ⭐️ BUY this gear to shoot software tutorial videos: 🛒 Computer - iMac 5k 27 Inch: https://amzn.to/3DmPQl8 🛒 A Camera - Sony FS5 Mk2: https://amzn.to/3Dl8CZS 🛒 B Camera - Sony a6600: https://amzn.to/2MNYKSJ 🛒 Lens - Sony 35mm 1.8 OSS: https://amzn.to/3pPnxEr 🛒 Wide lens - Samyang 12mm 2.0 AF: https://amzn.to/3mvuhbW 🛒Tripod - Sachtler Ace: https://amzn.to/3jhQbNZ 🛒 Gimbal - DJI OM4: https://amzn.to/2URRY2O 🛒 Microphone - Rode Wireless Go 2: https://amzn.to/3sxOBKy (Original Go: https://amzn.to/2O4UaAe) 🛒 Green Screen - Neewer 5'x7' Collapsible: https://amzn.to/2YMjzAw 🛒 Lights - Neewer Softbox Kit: https://amzn.to/3tkPCG5 🛒 Video Encoder Device - Camlink 4K: https://amzn.to/3cEQgrX 🛒 Teleprompter - Padcaster https://amzn.to/3pMTtt7 🛒 Camera Support - Manfrotto Magic Arm: https://amzn.to/3cBCbM1 👋🏻 SOCIALS =============================== 📸 INSTAGRAM - http://instagram.com/timharrisvideo 👥 FACEBOOK - https://facebook.com/timharrisvideo 🐧 TWITTER - https://twitter.com/timharrisvideo 👔 LINKEDIN - https://linkedin.com/in/timharrisvideo/ ⏱️Timestamps⏱️ for "Bybit Fee Increase Explained" 0:00 ByBit increased their trading fees 0:25 Bybit trading fees (before and after increase) 1:13 Understanding trading fees 1:47 Fee cost for an example trade 3:56 Example long term scalp trades profits This channel aims to inspire and educate busy professionals with better technology and with working their side hustle. I hope I can help you out, and please comment with any questions or feedback! As an Amazon Associate I earn from qualifying purchases, which helps my channel grow for you. Level Up Your Tech Skills with Tim Harris Video! #Bybit #Btc #Crypto