For those trading high-frequency contracts, you may not even be aware of the existence of fees, or you might overlook these fees.
Little do you know, the fees from frequent trading could even exceed your principal, which is a significant cost.

Open the Binance app -- Funds -- Contracts -- Today's Profit and Loss -- Funding Fees and Trading Fees.
You can see your fees for the past year. 🤷

For brothers engaged in high-frequency contract trading with large positions,
your fee expenditure exceeding your principal could happen in just one month.

Therefore, it is essential to enable fee rebates; you should reclaim the fees that are rightfully yours. If you don't enable rebates, the fees will all go to the market.

Once you enable the rebate, the fees will be returned to your own account, saving you at least tens of thousands of U in fees each month.

Different invitation codes have varying rebate ratios, methods, and times for rebates. A 5% difference in rebates could amount to hundreds or thousands of U with larger trading volumes.

🔺 Fee rebates are mutually beneficial, but they are not meant to take advantage of users who do not understand the rebates; we must severely crack down on those deceptive KOLs.

For seasoned contract users, it is crucial to set up a rebate; otherwise, the losses can be significant. If needed, little assistant Xiaohua can provide help.

#手续费

Sometimes the handling fee is really high, what to do #手续费

I saw a question on another Q&A platform where a user with high leverage conducted a 125x trade and after closing the position, they made a 4% profit, but their assets still showed a loss of 8.5%?
Upon closer inspection, it turned out that all the losses were due to fees. Why is that? How can we earn more?

According to the platform's fee calculation formula, "position value × fee rate = fee", we can deduce some information. If you are using 100x leverage and purely limit trading, your position must at least profit by more than 4% to make any gains. Similarly, for pure market trading, your position needs to profit by more than 10% for you to earn.

The fee issue is unavoidable for contract users; we must understand how it is calculated in order to make informed profits because trading cannot rely on luck.

So, how can we earn more?
(For users who trade long-term, the fee expenses might have already exceeded the principal, right?)

At this point, the advantage of fee rebates becomes apparent. Through rebates, you can recover a portion of the fees, which is like saving money.

More importantly, fee rebates are applicable not only to spot trading but also to contract trading. This means that whether you are a spot trading expert or a contract trading pro, you can enjoy more trading returns through rebates.

Therefore, it is essential to opt for rebates; the fees you are entitled to should be reclaimed, otherwise, all the fees go to the market.

By opting for fee rebates, the fees are returned to your own account, saving you at least a few hundred in fees each month, which is quite easy.

#手续费

Recently, limit orders for contract closing have all turned into market orders. Has anyone encountered this situation? Customer service explained that a limit order does not necessarily mean it will be executed as a pending order. So I'm confused, if it's a market order, wouldn't I just place it at market price? Since I chose a limit order, I definitely want it to be executed as a pending order. You turning it into a market order doesn't make sense. In the understanding of the vast majority of people, a limit order means it will be executed as a pending order. Is the exchange recently short on transaction fees, or has the trading depth disappeared? #手续费

Dear outstanding contract traders, after experiencing high-frequency trading, have you found that it seems you haven't made much money? Is this due to market distortions or the decline of the platform?

Actually, it's neither; the main issue is that the transaction fees are too high, which has deducted a large portion of your profits.

Open the Binance app -- Funds -- Contracts -- Today's Profit and Loss -- Funding Fees and Trading Fees.
You can see your fees for the past year.

For high-frequency contract traders and those with large positions,
your fee expenses may exceed your principal in just one month.

So you must enable the fee rebate; the fees you should reclaim should be reclaimed; if you don't enable it, all the fees will go to the market.

By enabling the fee rebate, the fees will be returned to your own account, saving you at least tens of thousands of U in fees each month.

Different invitation codes have different rebate ratios, rebate methods, and rebate times. A 5% difference in rebates can amount to hundreds or thousands of U under large trading volumes.

🔺 The fee rebate is mutually beneficial, but it is not meant to deceive unaware users. We must strictly crack down on those deceptive KOLs.

For old contract users, it is necessary to set up a fee rebate; otherwise, the losses can be substantial. If needed, the Xiao Jiu Cai Flower Assistant can provide help.

#手续费

Why is the handling fee high for contract trading? How to save money?

According to the calculation formula of handling fee: handling fee = position value × handling fee rate

We can deduce why the handling fee is high and how to save money:

1. Large position value
The position value far exceeds the principal, which means high leverage. For example, if you only have 100U and open 100 times leverage. After a complete transaction, the handling fee expenditure ranges from 4U-10U. Who wouldn’t find it expensive to pay a handling fee of 4% to 1/10 of the principal?

2. Limit price market price handling fee rate
If you are careful, you will find that the handling fee I calculated in the first item is 4U-10U. This is because I calculated it based on the handling fee rate of ordinary users’ limit price of 20,000 and market price of 50,000.

It can be clearly seen that the limit price handling fee expenditure is much lower than the market price handling fee expenditure.

So the second item is to use more limit price transactions in transactions.

Of course, other ways to save money can be derived according to the platform policy.

3. VIP level
This is to gradually reduce the transaction fee according to the user's VIP level. Of course, to reach the VIP level, there are certain requirements and trading volume. This method is useless for users without a certain amount of funds.

4. Hold BNB
This is applicable to all users. As long as you transfer enough BNB to pay the transaction fee to the trading account, you can enjoy the transaction fee rate discount.

5. Exchange rebate mechanism (saving money and making extra money)
This is also applicable to all users. Rebate is an incentive mechanism for new users on the platform. For users who make orders, a certain proportion of the fee will be returned.

How to get rebates?
Users can enjoy rebates by filling in the invitation code when registering an account.
Note: Different invitation codes, rebate ratios, rebate methods, and rebate times are different. Please choose carefully.
#手续费 #手续费返佣

In contract trading, it's not just about considering profit and loss, but also about breaking down the expenditure and income parts.
Generally, for a standard contract trade, one must consider the opening price, take profit and stop loss prices, etc. The most important thing is to know where the expenditure part of a trade lies.

After opening a position, the user's trading expenditure consists of fees and funding costs.
Many new players ask me why a position that clearly should break even still results in a loss after closing; in fact, this loss comes from your fees, which you didn't account for when closing the position.

So how can we reduce this fee erosion?

The first method: When at break-even loss, set the position a bit higher.
The second method: Open the fee reduction (commonly known as rebate) privilege, which is only available to KOLs who cooperate deeply with Binance. Don't randomly seek out unfamiliar people to open this.

If you want to find out how much fee you've been charged, you can open the Binance APP -- Funds -- Contracts -- Today's Profit and Loss -- Funding Costs and Trading Fees to check your fees for the past year.

Sometimes there are also funding costs, which are a concern for users who hold contract positions for a long time. The calculation of funding costs is based on the real-time funding fee of the currency, with calculation times generally at 0:00 - 8:00 - 16:00.

The calculation of funding costs is similar to that of trading fees, both using position value × funding rate (fee rate) = funding cost (fee)

Users should find ways to reduce these extra expenditures in the future; on one hand, it can help earn more money, and on the other hand, it deepens the trading model, making it easier to earn big in the future.
#手续费 $BTC

The Benefits of Commission Rebates!!!
For brothers who trade high-frequency contracts and large positions,
your commission expenses may exceed your principal in just a month.
Isn't that hard to believe? Let me do a rough calculation for you.
Let's take the principal as 100 USDT, with a contract leverage of 100 times, and a commission rate calculated based on regular users at 0.02% and 0.05%.
100 USDT × 100 = 10,000 USDT, 10,000 USDT × 0.02% × 2 = 4 USDT --- 10,000 USDT × 0.05% × 2 = 10 USDT
This means that the commission expense per trade is approximately between 4 USDT and 10 USDT. If you make two trades a day, your commission over a month could be between 240 USDT and 600 USDT. For users with high leverage, the commission expenses can be quite significant when favorable market conditions arise.
Does that sound a bit high? Don’t worry, this is where the advantages of commission rebates come into play. Through rebates, you can recover a portion of your commission, effectively saving money.
More importantly, commission rebates apply not only to spot trading but also to contract trading. This means that whether you are a spot trading expert or a contract trading pro, you can enjoy more trading returns through rebates.
So make sure to enable rebates; you should reclaim the commissions that are rightfully yours. If you don’t enable rebates, all the commission goes to the market.
Once rebates are enabled, the commission will be returned to your own account, saving you at least several hundred in commissions over a month, and it’s all quite effortless.

If you are trading high-frequency contracts, you might not be aware of the existence of trading fees, or even look down on these fees. Little do you know, the fees from frequent trading could even exceed your principal, which is a significant cost. Open the Binance APP -- Funds -- Contracts -- Today's Profit and Loss -- Funding Fees and Trading Fees. You can see your trading fees from the past year. For those trading high-frequency contracts and large positions, your trading fee expenses may exceed your principal in just one month. Therefore, it is essential to activate the rebate; you must reclaim those fees. If you do not activate the rebate, the fees will all go to the market. Once you activate the rebate, the fees will be returned to your own account, saving you at least tens of thousands of USDT in fees each month. Different invitation codes have different rebate ratios, methods, and timelines. A 5% difference in rebates can lead to a difference of hundreds or thousands of USDT with large trading volumes. 🔺Fee rebates are mutually beneficial, but they are not meant to exploit users who do not understand; we must strictly crack down on those deceptive KOLs. For veteran contract users, it is essential to set up a rebate; otherwise, the losses can be substantial. If you need help, the Dream Rebate 👀 profile can provide assistance. $BTC #手续费

🐶Antai can grab money now. 1/3 of the lost principal is transaction fees, and another 1/3 is forced liquidation fees. This means that only 1/3 of the principal is lost to the opposing side. 2/3 of the money lost has been taken away by the exchange. It's darker than Myanmar. Which casino takes such a large cut? #手续费

The Benefits of Fee Rebates!!!
For brothers engaged in high-frequency contract trading and large positions
Your transaction fee expenses could exceed your principal in just one month.
Sounds a bit unbelievable? Let me give you a rough calculation.
Let's assume the principal is 100U, the contract leverage is 100 times, and the fee rate is calculated based on ordinary users’ 0.02% or 0.05%.
100U×100=10000U, 10000U×0.02%×2=4U ---10000U×0.05%×2=10U

This means that the fee expenditure for a single transaction is approximately between 4U and 10U. If you make two transactions a day, the monthly fee could amount to 240U--600U. For users with high leverage, encountering a good market trend means that transaction fees can be a significant expense.

Does it sound a bit high? Don’t worry, at this point, the advantages of fee rebates become apparent. Through rebates, you can recover a portion of your fees, effectively saving money.
More importantly, fee rebates apply not only to spot trading but also to contract trading. This means that whether you are a spot trading expert or a contract guru, you can enjoy more trading returns through rebates.
So make sure to activate the fee rebate; you should get back the fees owed to you—otherwise, all fees go to the market.
Once the fee rebate is activated, the fees will be refunded to your own account, saving you at least several hundred in fees each month, and it's quite easy.
#手续费

How to trade cryptocurrencies at the lowest cost?
Binance's spot trading fee rate is 0.1%, and the contract trading fee is 0.02% for limit orders and 0.05% for market orders.
Many users feel that the fee rates are too high after seeing them.
In response, Binance has launched various methods to reduce fees:
1. Upgrade VIP levels; different VIP levels correspond to different fee rates.
2. Purchase BNB and transfer it to the corresponding account to offset fees; spot trading fees can be offset by 25%, and contract trading fees can be offset by 10%.
3. Register an account with an invitation code; different invitation codes correspond to different ratios, so be sure to consult and understand clearly before filling it out.
#BTC☀ #手续费

BOME spot real-time order, 9 points a day.
$BOME #Meme币你看好哪一个？ #手续费 #5月市场关键事件

The essence of "The Story of Futures Masters"

• The purpose of our coming to this world is to practice, to repair our innate deficiencies, to repair our inner greed, anger and ignorance, to obtain the ultimate liberation and reach the other side of Prajna. And futures are just one of the best ferries for us to reach the other side.
• Traders are very free, they can live and work anywhere in the world, they can turn a deaf ear to daily things, and they can not rush anyone. But this game is not fun, it is destined to be a game that most people will fail.
• Inaction is not really doing nothing, but a calm mind, not subjectively speculating on what will happen in the future, and quietly doing what you are doing now. If the outside does not move, my heart will not move, if the outside moves, my heart will move along, use stillness to control movement, and follow the trend.
• Life must learn to do subtraction. Slow is fast, retreat is advance.
• Futures are a Pandora's box, it will make you despair when you are full of hope, and it will make you see hope when you are desperate.
• Experienced futures traders never inquire about news, because the news has been reflected in the K-line.
•The market is born in despair, develops in hesitation, and ends in madness.
•The futures market is like this, bullish when it rises, bearish when it falls, there is no timely help here, only icing on the cake.
•Most of the futures market is not worth participating in. When you feel that you are at a loss between long and short positions, the best strategy is not to do it! Being dumbfounded is the highest state of futures.
•Life is like the east of the river for thirty years and the west of the river for thirty years. And futures are like the east of the river today and may be the west of the river tomorrow.
•The futures market is like this: there are many stars, but very few birthday stars; there are many meteors, but basically no stars. The leverage of futures not only magnifies the multiples of funds, but also magnifies the greed, hope and fear of human nature, while shortening the life of investors in the market.
•Most retail investors in the futures market are always like this, bullish for a while and bearish for a while. For them, they don’t want to miss any movement in the market and want to catch every rise and fall in the market. But the result is often counterproductive, picking up sesame seeds and losing watermelons.
#合约挑战 #手续费 #手续费返佣

[New and old users who mainly play contracts can recharge] Save 2520U in 5 minutes?
1. Transaction costs
When trading spot, contracts, etc. on the exchange, the platform will charge a fee, calculated at the most basic 0.05%. If you open 200U with 100 times leverage and then close it every day, the fee is 20U, 600U a month, and 7200U a year.
2. How to view the contract fee
In Binance Assets - Contracts - Contract Profit and Loss Analysis - Funding Fees and Transaction Fees, you can view the expenditure of transaction fees.
3. How to reduce transaction costs
Just fill in the invitation code XTGOLUMY when registering [or re-registering] an account, you can reduce 35% of the transaction fee wear and tear, saving 2520U per year.
If you trade frequently, with large amounts of funds, leverage or contract trading, the fee you pay will be greater. $BTC #手续费 #合约网格

Attention users trading contracts, this is a significant issue that concerns your personal interests.
In the past month, the trading volume reached 13 million, resulting in transaction fees ranging from 5,200 to 13,000.
If the profits and transaction fees are at a break-even point, how can one earn money?
At this time, a rebate on transaction fees becomes necessary, which can either serve as capital for a comeback or as a supplementary fund for timely loss mitigation, or simply as a bonus to earn some extra cash.

Based on the trading volume shown in the chart, we can calculate the range of transaction fees. Then, according to the user's rebate ratio × transaction fee expenditure range = approximate rebate data range.

Generally, for users who trade for a long time, receiving a rebate that exceeds the principal is an easy task.

Therefore, for users, rebates are extremely important, and they should not fill in invitation codes casually.

Because different invitation codes have varying rebate ratios, methods, and timings, a 5% difference in rebates can amount to hundreds or thousands of U in large trading volumes.

🔺Rebates on transaction fees are mutually beneficial, but they should not be used to exploit uninformed users. We must strictly crack down on those deceptive KOLs.

For old contract users, it is essential to secure a rebate; otherwise, the losses can be significant. If assistance is needed, the coin-to-coin assistant can provide help.
#手续费返佣 #手续费

Why does it fly away as soon as I sell? Does the dealer care so much about the three melons and two dates in my hand? 🤡

The answer is of course not, the problem is still with myself. So let's talk about why I can't hold on and always miss the opportunity to make a fortune again and again.

The reason for selling is that I can't hold on, so let's analyze in detail what causes the failure to hold on.

Situation 1: The position is not heavy and the amount of funds is not large.
From a subjective analysis, this is a superficial consciousness that everyone will have. For example, you bought Bitcoin at 30,000 yuan at the beginning of the year with 10,000 yuan. It has been fluctuating. There has been no improvement for five or six months, so I don't want to hold it. I feel that I can't make any profit. There will be a big gap with my expectations, so it's better to call it a day earlier.

Situation 2: I am not really optimistic about myself
This should be a common mistake made by everyone. I don't study the target I studied before. I am hot-headed when buying. I don't even know how this currency entered my watch list. I feel that this is not good and that is not good. The bullet wants to hit other things, so it often happens that the price has not changed, but the position has changed.

Situation 3: Lack of courage, aversion
In fact, let's take altcoins as an example. For Bitcoin, suppose it starts to fall for half a year now. Do you buy or sell every day? In the early stage, you may insist on buying every day for a month, but in the later stage, you will be a little bit scared, a little disgusted with the market, don't want to persist, and be afraid of the market. You want to buy the bottom more and more, but the market is a blunt knife to kill.

Situation 4: Insufficient execution, plans are always changing
Now when the above situations do not occur, funds are in place, high-quality projects, and the market is rising, you still can't hold on, that is, you don't have a plan, even if you have a plan but don't execute it well, you think about it. You have been holding on for a long time, but you just sold it all when it started to rise. I have always emphasized the division of warehouses when building positions. Why can't you sell in batches?

In any case, when you are really optimistic about a target, when you buy it, you must be prepared, not only to be able to withstand the risk of halving, but more about how to deal with the market after the halving.

I was chatting with a friend a few days ago, and he said that if the price of a coin drops to 20,000 yuan tomorrow, he would definitely go all-in on the cryptocurrency market. I asked my friend a few questions:
You said that if the price drops again after the price drops, it will drop again?
You saw that it is now 60,000 yuan, and it was only 20,000 yuan before the New Year, so you are tempted. If it is still more than 20,000 yuan at this moment, would you have such a strong idea of ​​going all-in?
And can you ensure that you will not be washed out in the middle?
It will be 100,000 yuan per coin at the end of this year, and it is only 60,000 yuan now, but there is still one coin. Why don’t you dare to go all-in at this moment?

Because you measure yesterday from today’s perspective, you will certainly make the most correct decision, and you will be less confident about what does not happen tomorrow.

My friend nodded.

$BTC #5月市场关键事件 #手续费 #合约网格 #手续费返佣

       Contracts can only be kept in good condition if they are anchored to a reliable standard, because contracts are too easy to go wrong, and once they go wrong, it will be a big loss.
       There is not much skill in making a very dull standard. The purpose is to avoid going wrong.
       It is easy to make money in a short time, but it is too difficult to keep it from going wrong for a long time. Giving up any skills and sticking to a dull standard is to extend the time of not going wrong as much as possible.
       The way to expand profits is not to strengthen skills, but to gradually expand the risk amount while maintaining the consistency of standards.
       Reliable standards can be right every time. Only standards that can be right every time are reliable standards, even if they are dull.
       For the idea of ​​relying on experience and feeling to make contracts, I think it is a dead end.
       Anchoring a dull standard is the only way out.
#合约挑战 #交易理论 #手续费 #手续费返佣

I lost money, and the handling fee was not small. 35 handling fee refund #手续费返佣 #手续费