Before talking about handling fee rebates, you need to first understand what handling fees are?

Handling Fee:

Whether you are doing spot trading or contract trading on the platform, there will be a handling fee. The handling fee rate will also be different for different trading modes (Binance's spot FDUSD trading pair has 0 order placement fee)

Calculation formula: Position value × handling fee rate = handling fee (one opening and one closing, the handling fee is calculated twice)

Different exchanges have different transaction fee rates. The transaction fee rate for ordinary users of Binance is 125,000.

Fee rebate: The transaction fees generated will be returned in proportion, based on the actual fees generated.

The benefits of enabling fee rebates in the cryptocurrency world: it reduces the transaction fees. If there are no fee rebates, all fees will be wasted on the platform. In a bad market environment, every bit of savings counts.

Binance has several preferential policies:

1. With rebates, you can get a refund in proportion to the handling fees generated.

2. Holding BNB can enjoy a discount on transaction fees.

3. Upgrade your VIP level to enjoy discounts on transaction fees.

The above three methods can be superimposed on each other to greatly reduce the user's transaction fee expenditure.

Normally, you may often see that the rebate ratio of a certain platform is 70% or 80%. Usually, small exchanges use this method to attract customers. Generally, the handling fee rate is very high, so the rebate ratio is also high.

Before opening the platform for commission rebates, you must first understand the rebate ratio, refund time, rebate cycle, etc. corresponding to the invitation code. The most important thing is to ensure data transparency.

The activation fee is also very simple. Just fill in an invitation code when registering and you can do whatever you need.