Which Currencies Are Crypto Futures Quoted and Charged Funding Fees In?
ZMO crypto futures are quoted in USDT. If you settle in USDT, funding fees are also paid and charged in USDT for consistency.
LL
Lulu Liu
8 min
Which currencies are crypto futures quoted in?
Prices and values for crypto markets and trades are quoted and calculated by using USDT as the reference currency.
If I choose to settle crypto futures trades in USDT, which currency will I receive the funding fee in?
If you decide to settle your trades in USDT, you will also receive your funding fees in USDT. This means that the fees associated with holding positions or contracts will be paid to you in USDT, ensuring consistency with the chosen settlement currency.
