Many people are still unaware of the profits from rebates, so let me explain. For example, if you open a position of 10,000 USDT, the typical spot trading fee at exchanges is 0.1%. Thus, the trading fee for opening and closing a position of 10,000 USDT would be 20 USDT. The contract trading fee is 0.06%, meaning that for a position of 10,000 USDT, the total trading fee when opening and closing would be 12 USDT. In the futures contract financial market, a fee of 0.06% is quite significant.

So, it is essential to open a rebate account. Many people find that their profits from trading cryptocurrencies do not surpass the trading fees, especially contract traders.