Have you calculated the transaction fees of exchanges in the crypto world?

Do you all know what the biggest cost in trading is? That's right, it's the transaction fee.

Old players in the crypto world should all know how scary the transaction fees for high-frequency trading are.

Currently, Binance has the lowest fees among the three major exchanges, but the total accumulated each month still results in a lot of trading fees for many partners.

Especially for brothers who frequently trade contracts, the fees are not a small amount.

Have you ever calculated a bill carefully?

Brothers who trade contracts often do so frequently every day, do you know how much you spend on fees!!!

To make one contract:

Opening fee 5u, closing fee 5u, total 10u.

⭕️ Summary: 10x leverage calculated based on making 5 contracts a day

✅ Daily fee is: 10*5=50u=400 yuan

✅ Monthly fee is: 400*30=12000 yuan

✅ Annual fee is: 12000*12=144000

20x leverage, which is 20000u, 20000U*0.05%=10u fee

To make one contract:

Opening fee 10u, closing fee 10u, total 20u.

⭕️ Summary: 20x leverage calculated based on making 5 contracts a day

✅ Daily fee is: 20*5=100u=800 yuan

✅ Monthly fee is: 800*30=24000 yuan

✅ Annual fee is: 24000*12=288000