Do you know about the relationship between contract transaction fees and rebates?
Friends who do contract trading may not realize the cumulative effect of each transaction fee, especially when trading frequently, these fees will become a considerable expense. The following is a detailed explanation of how to calculate contract fees:
Contract fee calculation example
Suppose you open a position of 1 Bitcoin (BTC) at a time, calculated at the current price of 59,000 USDT:
- Order fee: 0.02%
- Order fee: 0.05%
Order fee (entry)
59,000×0.0002=11.8 USDT
Order fee (exit)
59,000×0.0005=29.5 USDT
Total fee
11.8 USDT+29.5 USDT=41.3 USDT
This means that the total fee for each completed transaction is 41.3 USDT.
Cost of frequent trading
Assuming 10 orders are opened in one day:
41.3 USDT×10=413 USDT
30 days in a month:
413 USDT×30=12390 USDT
Benefits of rebate
12390 USDT×0.2=2478 USDT
Rebate of 2478 USDT Here comes the key point! After opening rebate, you can save more than 20% of handling fees every month, thousands or tens of thousands of USDT. The money saved can be used to buy gifts for family members or improve your quality of life. You can earn more when the market is good, and you can lose less when the market is bad!
Registration link
If you want to enable rebate, please use the following link or invitation code to register:
- Binance exclusive registration link (Chinese friends): https://www.suitechsui.red/zh-CN/join?ref=FOHW9ZPT
- Binance exclusive registration link (other language friends): https://www.binance.com/join?ref=FOHW9ZPT
- Invitation code: FOHW9ZPT
- Contract invitation code: hhj
If you have any questions or need to adjust the rebate ratio, please feel free to contact me.
