Many beginners prefer one-click closing to exit quickly, which actually executes a "market order" operation, and its fees are often higher, usually 0.05%. Based on this fee rate, the exit fee is: 3500u * 10 * 0.05% = 17.5u. In summary, the total fee for a single contract from entry to exit reaches 35u. If such transactions are conducted 5 times a day, the accumulated fees will amount to as much as 175u. Further calculations show that the monthly (based on 30 days) fee expenditure will reach an astonishing 5250u.
For brothers engaged in high-frequency contract trading with large positions,
your fee expenditure may exceed your principal in just one month.
Doesn't that sound a bit high? Don't worry, at this time, the advantage of fee rebates becomes apparent. Through rebates, you can get back a portion of the fees, which is equivalent to saving money indirectly.
More importantly, fee rebates apply not only to spot trading but also to contract trading. This means that whether you are a spot trading expert or a contract trading master, you can enjoy more trading returns through rebates.
So make sure to open rebates; you should reclaim the fees that can be reclaimed. If you don’t open rebates, the fees will all go to the market.
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