Do you sometimes feel like you’ve earned some coins, but a big chunk has been 'sucked away' by trading fees? Don’t worry, here’s a clear explanation of why fees are high and how to save money! Let's talk about it in simple terms:
Why are trading fees so high?
Because your position is large.
Trading fees don’t just look at your capital; they focus on your position's market value. Just like at a buffet, they don’t care how much money you brought, only how much you eat. With a large position size, the fees naturally 'rise with the tide'.Because you are taking orders.
There are two types of orders on the exchange:Maker and Taker..Maker: It’s like setting up a small stall to sell things, waiting for people to come buy, with a low fee (0.02%).
Taker: This is like directly entering a store to pay for ready-made items, incurring the most expensive ticket (0.05%).
Taking orders is equivalent to directly taking the goods that others have displayed, reducing trading depth, so the exchange naturally 'charges more' for this behavior. If you want to save money, try placing maker orders more often!
The exchange takes commissions.
Some people have much lower fees than you, why? Because they not only place maker orders but also receive 'rebates'!Rebates are like after a meal at a buffet, the owner quietly hands you a discount coupon. Whenever there are trading fees generated, a proportion can be returned to your account. Don’t underestimate this rebate; over time, the savings can be quite significant!
Getting rebates is simple: register using a designated invitation link or code, then trade, and you will receive long-term rebates. This has nothing to do with how much money you have or whether you lose money; as long as there is trading, there will be fees, and where there are fees, there can be rebates. Over time, not getting rebates would be a waste.
However, before claiming rebates, you need to clarify the rebate rate, cycle, and time and understand the terms clearly so you don’t end up confused.
Calculating money is very simple.
Trading fee: Position size × Fee rate = Trading fee.
Rebate amount: Generated trading fee × Rebate rate = Final amount returned to your account.
Whether you are trading spot or contracts, this rebate can be used. Saving a bit on the round-trip fees is also a kind of 'invisible profit'.
To summarize:
A large position naturally incurs a higher fee.
Taker fees are more expensive than maker fees; don’t always be the one losing out.
Rebates can let you 'recover' benefits from trading fees.
Over the long term, these little tips can save you quite a bit of unnecessary spending.
Saving money is earning money, don’t you understand? Think about these points before your next trade, and you might avoid quite a few headaches on your trading journey!