Here is the formula to calculate the system fee:

In which,

*System fee rate:***1%**(set by FXCE's system)*P: Principal**R: 4-hour Interest rate**T: Term*

**Example:**

*Borrowing 1000 USDT ->***P=1000***The interest rate is 12.04%/year**4-hour Interest rate is (0.1204/365/24)*4 = 0.000055 ->***R= 0.0055%***Borrowing for 6 terms (24hrs) ->***T= 6***So the system fee is:*

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