Do you know how much you have to pay for opening contracts frequently? Maybe you don't know, or you haven't really understood this issue. Let me tell you today how much you have wasted on fees:
You who play high-frequency contracts may not know the existence of fees, or even look down on them.
However, the fees for frequent transactions may even exceed your principal, which is a huge expense.
Open Binance APP--Funds--Contracts--Today's Profit and Loss--Fund Fees and Transaction Fees.
You can see your fees for the past year. 🤷
According to the platform fee calculation formula, "Position Value × Fee Rate = Fee", you can get a message that if you open a 100x leverage and trade at a pure limit price, your position must be profitable at least 4% to make money. Similarly, for pure market price trading, your position must be profitable to more than 10% to make money.
Let me give you an example:
900u uses 100 times leverage to buy 1 Bitcoin worth 90000u. The value of the position at this time is 90000u.
The handling fee generated by the pending order is 90000×0.02%=18. The opening and closing points need to be set manually for the pending order.
The handling fee generated by the taker order is 90000×0.05%=45. The system automatically enters the market for the taker order (the system will enter at the current best price).
The handling fee for one transaction (buy and sell) is 36 or 90.
(The above is just an example, do not imitate!!!)
For brothers who trade high-frequency contracts and have large positions, it may only take one month for your handling fee expenditure to exceed the principal.
So you must open the rebate, and the handling fee should be taken back. If you don’t open the handling fee, it will all belong to the market.
Different invitation codes, refund ratios, refund methods, and refund times are different. If there is a 5% difference, under a large transaction volume, it can differ by hundreds or thousands of U.
🔺The handling fee rebate is mutually beneficial, but it is not a rebate to cheat users who do not understand it. We must crack down on these cheating KOLs.
For old contract users, it is necessary to get a rebate, otherwise the loss will be huge. If you need it, Xiao Jiucaihua Assistant can provide help.