APX Finance

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Frequently asked questions

What are the fees associated when trading in V2 mode?

APX Finance charges a fee for both opening and closing positions in cryptocurrencies and FX, varying by blockchain. For example, on the BNB Chain, the opening fee for crypto positions is 0.08% and 0.02% for FX. Arbitrum charges a 0.05% fee for crypto positions. Additionally, there's an execution fee charged only when a position is opened, differing across blockchains to cover network costs and support the Keeper program for order execution.

Does APX Finance require registration or KYC (Know Your Customer)?

APX Finance is a trustless platform, meaning no registration or KYC is required. Just connect your Web3 wallet and you can start trading.

How does Auto-develeraging work in APX Finance?

Auto-Deleveraging (ADL) in APX is a risk management tool used during extreme market volatility, acting as a last resort to maintain market stability. It involves the automatic reduction of traders' positions based on profit and leverage, with a notification system alerting affected users. Traders can monitor their ADL risk through an indicator, with the aim of APX being to minimize ADL occurrences for a better trading experience.