As it becomes increasingly difficult to make money on Web3, more people are beginning to pay attention to transaction fees. How high are these previously ignored fees? Let me give you a calculation.

Let me take 10,000 U as an example: the spot transaction fee is 0.1% per transaction, and the transaction fee is 10,000*0.1%=10U. The transaction fee for each transaction is 20U. Don't underestimate this. If you trade once every 3 days, 120 times a year, the fee is 20*120=2400U, accounting for 24% of the principal. If you trade once a week, 50 times a year, the fee is 1000U, accounting for 10% of the principal.

If your capital is 100,000 U, you will lose 24,000 U in handling fees alone in a year, and in two years, you will lose a Tesla.

What about contracts? The handling fee will only be higher. If you open 10000U 10 times, the handling fee for opening and closing a position is principal * multiple * fee rate = 100U (Taker fee rate 0.05%). The transaction of contracts will only be more frequent. If you trade once a day, it will only take 100 days for all your principal to be worn away by the handling fee. This is one of the reasons why I don’t recommend you to play contracts. The handling fee is unbearable.

Based on your own capital and transaction frequency, you can roughly calculate how much of BN's annual profit of 1 billion US dollars is contributed by you. The main handling fee is like a blunt knife cutting meat, and the capital is slowly lost, but you yourself have no perception. Only after such a detailed calculation can you realize how exaggerated it is.

Realizing this, and with many people asking me recently if I have any rebates, I have specially applied for BN's super rebate node, which is the highest 40% rebate in the entire network. For accounts registered through my link, I will return 35% of it to you through UID every month, which can save one-third of the handling fee.

How to get the fee rebate.

——You only need to re-register a new account and verify your identity. You can find family members or relatives around you, or anyone you trust. If everyone around you has been registered, you can find an old account that has not traded for more than half a year and re-bind the rebate relationship through the invitation link. I will settle the 35% rebate once a month and transfer it directly to you through UID.

Finally, don't be bothered by the trouble. This matter is once and for all. The money will be taken away by the exchange even if you don't want it. It's like buying an insurance policy. It costs 10,000 yuan if you go to an insurance company or 10,000 yuan if you go to an acquaintance, but he can give you a commission of 2,000 yuan, which is what you get for free. People who have opened the rebate can receive an extra salary every month, which feels great.

My invitation code: 10335275

Rebate link: https://www.suitechsui.us/join?ref=10335275

Join: https://www.binance.com/join?ref=10335275)