Nelson Newberry
Support manager at FYBIT. Trader and investor with 5+ years experience, Crypto Enthusiast BTC.
I believe in the future of the blockchain economy and devote all my time to exploring new technologies and opportunities with my team.
What is the Loss Cut and how to calculate it
Loss Cut is an automatic closing of a trading position when the size of losses approaches the full size of the position. Thanks to...
Affiliate program on FYBIT
The affiliate program gives you an opportunity to earn extra income in addition to your trading, as it allows you to receive from 20%...
Quote sources for the cryptocurrencies on FYBIT
The following cryptocurrencies are available on the FYBIT trading platform:
Bitcoin (BTC)
Ethereum (ETH)
Cardano (ADA)
Bitcoin Cash (BCH)
The FYBIT Index is based on weighted average price quotes...
Overview of tabs under the chart
The main page of the FYBIT platform can be divided into 3 thematic blocks:
A window with a chart, on the basis of...
How to calculate the profit
First, let's define the terms we will use next.
PnL% (Profit and Loss) - Shows a percentage change in profit or loss in each position...
How to calculate fees
The trading fee is calculated at the time of opening and charged at the time of closing a position. The fee is charged only...
How to use the 2FA
In total, there are 3 authentication factors for accessing any information:
Knowledge (e.g., password or pin number)
Possession (e.g., smartphone or a hardware token)
...