Many users have heard that when registering on a platform, you must get a rebate. However, many users do not know what a rebate is, nor do they know why they should get a rebate when registering. Let Bibi explain it below.

What is rebate?

Commission rebate is part of a plan. The purpose is to invite new users to join the platform, and they can get a certain percentage of commission rewards. The transaction fees generated by the users' orders will be returned according to a certain proportion. This not only increases the users' income (equivalent to reducing the users' transaction fee expenses), but also helps the platform expand its user base.

What are the benefits of rebates?

The rebate will refund the handling fee. Both spot and contract transactions will incur handling fees, but the platform has transaction pairs with no handling fees, so they are not considered.

Mainly for users who do contracts, the platform will deduct a certain amount of handling fees from you when you open and close positions every day. For example, if you do a contract today, the platform deducts 100u of handling fees from you. If you have not activated the contract handling fee rebate, then the 100u handling fee will be taken away by the platform. If the rebate is activated, as long as you place an order, you will get a refund on the handling fee. Of course, the more the refund, the better.

Roughly calculate the user fee based on the user's transaction volume.

Based on the basic contract fee rate of 125,000, calculate the 30-day contract transaction fee range.

500,000 transaction volume fee 200U-500U

1 million transaction volume fee 400U-1000U

This is just the user's transaction fee for one month, which is already quite a lot. What if it accumulates over a year or even two years?

You will lose a lot of handling fees in vain, but after getting the rebate, you can get part of it back, which is quite a lot when accumulated.

With this money, you don't have to worry about gas, maintenance, and insurance for your car. Isn't it killing two birds with one stone? There are many people who have been in the cryptocurrency circle for 5-8 years. Is it time to change your car? If you don't calculate it, you won't know. Once you calculate it, you will be shocked.

How to get rebate?

When registering an account, fill in the invitation code of the currency and you can enjoy the rebate

Different invitation codes have different refund ratios. The higher the refund ratio, the better.

However, remember not to be fooled by word games and do it as needed.