I saw a question on another Q&A platform. A user with high leverage made a 125x transaction and earned 4% after closing the position. But the assets still lost 8.5%?
I saw that all the losses were due to handling fees. Why is this? How can I make more money?
According to the platform's handling fee calculation formula, "position value × handling fee rate = handling fee", we can get a message. 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.
Assuming a principal of 1000u, using 50 times leverage, the position value is 50000u, and the opening and closing of a position together requires a handling fee of 20-50u
This is just the handling fee for one order. If you trade three times a day, it will be 90 times a month, and the accumulated handling fees will be 1800-4500u.
Many users feel that their trading volume is not large, but trading is long-term, and the longer the time, the more expenses, so rebates are particularly important.
In addition to the handling fee rebate, Wei'an can also use BNB for deduction, and some trading pairs also have discounts, which can be superimposed on each other, which is much better than other exchanges.
The handling fee issue is unavoidable for contract users. We must understand its calculation method to make money in our hearts. The most unreliable thing in trading is luck.
So you must open the anti-holding, and the handling fee should be taken back. If you don't open the handling fee, it will all belong to the market.
The handling fee will be returned to your own account after the anti-holding is opened, which will save you at least tens of thousands of u in handling fees per month.
For old contract users, it is necessary to get a reverse hold, otherwise the loss will be huge. If necessary, Xiao Jiucaihua Assistant can provide help.