What is the current GME borrow rate in the cryptocurrency market?
Can you provide information on the current GME borrow rate in the cryptocurrency market? I am interested in knowing the rate at which GME shares are being borrowed in the cryptocurrency market. Specifically, I would like to understand the interest rate or fee associated with borrowing GME shares for short selling purposes. Could you please provide some insights into this?
3 answers
- Schneider OlsonSep 09, 2023 · 2 years agoThe current GME borrow rate in the cryptocurrency market is 0.5% per day. This means that if you borrow GME shares for one day, you will be charged a fee of 0.5% of the borrowed amount. The borrow rate may vary depending on market conditions and demand for GME shares.
- ThongNCApr 21, 2021 · 5 years agoThe GME borrow rate in the cryptocurrency market is quite high at the moment. It is around 1% per day, which means that short sellers need to pay a significant fee for borrowing GME shares. This high borrow rate is a result of the high demand for GME shares in the market.
- ALYXSep 04, 2023 · 2 years agoAccording to BYDFi, a popular cryptocurrency exchange, the current GME borrow rate is 0.75% per day. This rate is subject to change based on market conditions and demand for GME shares. It is important to note that the borrow rate may vary across different cryptocurrency exchanges, so it is advisable to check the rates on the specific exchange you are using.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331554How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04310Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 03374The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02357PooCoin App: Your Guide to DeFi Charting and Trading
0 02326ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02092
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?