Although I made money, I spent a lot of money on handling fees. #手续费返佣 #手续费

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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.
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Super rebate has been opened, brothers. The official regulations only give a maximum of 25%. Those who have registered but have not filled in the invitation code can also bind the rebate. If you cannot bind, you can only create a new account. The weekly fixed rebate is 25%. I hope brothers will support it.
币安专属注册链接 Invitation code 818445813
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A picture shows the importance of rebates. #手续费返佣

Binance transaction fee transfer for May has been received.

Based on long-term observation, if you play contracts with a principal of less than a few thousand U, it is not a problem to save a few thousand U every month.

If you want to reduce Binance transaction fees, please contact me. $BTC #合约爆仓 #合约挑战 #手续费返佣

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Look at the contract transaction, the handling fee is more than the profit. Many people do not pay attention to the handling fee, thinking that there is no rebate, but in fact, the accumulated rebate is really a considerable amount. Anyone who sees so much handling fee will feel distressed. Although some people have small funds, it does not prevent the rebate from saving you money. $BTC #手续费返佣 #返佣

The captain has opened Binance's super rebate. Friends in need can get the highest rebate by themselves. https://www.suitechsui.us/join?ref=EJLLWEV3, copy and open it in the browser. If you encounter any problems with the contract, you can also consult me. You can save thousands or tens of thousands every year, or fill in the invitation code EJLLWEV3#9月小非农数据高于预期 #ETH🔥🔥🔥🔥 #BTC☀ $BTC $ETH #手续费返佣 when registering

You can actually arrange a commission rebate for the handling fee. After all, it saves you the handling fee. In addition, you can use BNB to deduct it. Or upgrade your account VIP level. #BTC☀ #ETH🔥🔥🔥🔥 #手续费返佣

For those of you trading high-frequency contracts, you might not even be aware of the existence of fees, or you may think little of these fees.
Little do you know, the fees from frequent trading may even exceed your principal, which can be 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 example: If your position is to open a large contract, calculated at 90,000, the fee for an ordinary user per order is generally, 90,000 × 0.02% × 2 = 36U — 90,000 × 0.05% × 2 = 90U.

This is just for one order; if you place two orders a day, the monthly fees would be:
36 × 2 × 30 = 2160U — 90 × 2 × 30 = 5400U.

Over the course of a year, the fees would amount to:
2160 × 12 = 25920U — 5400 × 12 = 64800U.

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

So it’s essential to open a rebate; you should reclaim the fees that should be returned to you. If you don’t open a fee rebate, all fees go to the market.

Different referral codes have different rebate ratios, methods of rebate, and times of rebate. A 5% difference in rebate can result in a difference of several hundred to several thousand U in large trading volumes.

🔺 Fee rebates are mutually beneficial, but they are not meant to deceive users who do not understand. We must strictly crack down on those deceptive KOLs.

For old contract users, it is essential to set up a rebate; otherwise, the losses can be significant. If you need help, the assistant Xiaojiao can provide assistance.

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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.
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