🚨VOXEL Funding fee Scam‼️
Today, I’ll try to discuss with you why VOXEL is charging such a high funding fee in futures trading. So I request everyone to listen to me attentively, and hopefully, everything will become clear.
As you know, VOXEL has seen a significant price increase in the last 24 hours. And whenever a coin experiences a major price surge or drop, its funding fee tends to increase significantly. This is done to keep the price of the spot and futures markets aligned. For those making huge profits, this fee doesn’t matter much, but for those who are losing, it feels like salt on an open wound.
However, you must acknowledge the reality — let’s say you entered a trade with $10, and your trade is going into a loss. Then, every 1 hours, you have to pay an additional $2 as a funding fee. Naturally, that would make anyone frustrated, right? If your funds are limited, you should avoid trading in top losers or top gainers. Even if you do, it should be for a very short-term trade plan.
I hope I’ve been able to clarify the whole issue for you.
Important Note:
If I have said anything incorrect or provided any wrong information, I sincerely apologize to you.
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