For those of you trading contracts, you may not even be aware of the existence of transaction fees, or you might look down on this small fee.

Little do you know that frequent trading fees may even exceed your principal, which is a significant cost.

Open the Binance APP -- Funds -- Contracts -- Today's Profit and Loss -- Funding Fees and Transaction Fees.

You can see your transaction fees for the past year. 🤷

According to the fee calculation method, "Position Value × Fee Rate = Fee." If you use 100x leverage and purely limit orders, your position must at least make over 4% to profit. Similarly, for purely market orders, your position must profit over 10% for you to gain.

Let me give you an example:

Using 1000u with 100x leverage to buy 1 Bitcoin worth 100000u, the current position value is 100000u (high leverage is just an example, do not use high leverage).

The fee generated from a limit order buy is 100000 × 0.02% = 20, you need to manually set the opening and closing points for limit orders.

The fee generated from a market order buy is 100000 × 0.05% = 50, the system automatically enters with market orders (the system will enter at the current best price).

The fee for one transaction (buy and sell) is either 40 or 100.

For brothers involved in high-frequency contract trading and large positions, your fee expenditure exceeding your principal may only take a month.

So it’s essential to open a rebate; you must reclaim the transaction fees that are yours. Not opening for rebates means giving it all away for nothing.

Different invitation codes have varying rebate ratios, methods, and times. A 5% difference in rebates can amount to hundreds or thousands of U in large trading volumes.

🔺 Fee rebates are mutually beneficial and win-win.

For old contract users, it is necessary to get a rebate; otherwise, the losses are substantial. Those in need can seek assistance.

#合约挑战