DO YOU REALLY UNDERSTAND HOW MUCH YOU SPEND ON EACH TRANSACTION ORDER
Let's do a simple calculation!
Suppose you make a Spot transaction with a total volume of 10,000 USDT and the transaction fee is 0.1%. In that case, the fee you have to pay is 10 USD.
In another case, you trade futures with x20 leverage with a principal of $1000, then the fee you need to pay is $20.
So, what happens if you are a day trader, meaning you enter and exit orders daily, with high leverage? This number accumulates monthly and can be quite significant. If your daily trading volume is $10,000, then each month you need to pay $300 in transaction fees. Similarly, if your trading volume is $20,000 including spot & futures, then each month you need to pay $600 in transaction fees.
Clearly, this number is not small, right?
Now, imagine if you use Binance Cashback and get back 40% of the transaction fees, you will receive a significant refund.
Even though this saving may seem small, if you are a frequent trader with large volumes, this number will grow over time.
What do you need to do to register for Binance Cashback?
Simply put, you just need to register a completely new account through the Binance Cashback system link tại đây.
Then proceed to verify and trade, if you already have an account, it's best to ask for verification information from a relative.
The 40% cashback fee will automatically be added after each transaction and on the 1st of every month.