Someone asked what a rebate is and what it's used for?
First, you need to know that when you trade, transaction fees are generated based on your position value.
(Fees = Position Value × Fee Rate) Both opening and closing positions incur fees, with the fee rate for regular users being 0.02% for limit orders and 0.15% for market orders. In the end, the average fee will definitely make you feel the pinch.
Who wouldn’t feel heartbroken paying so much in fees? Although individually a single transaction's fee might not be much, when accumulated, the rebates can exceed your principal, which is normal.
A rebate is the proportion of the transaction fees generated from a trade that is returned to you. Many currently mention a twenty percent ratio (less), but who knows exactly what it is? You still need to consult in detail.
A professional rebate service like mine will explain in detail the ratios, refund methods, and refund times. Don’t just randomly pick a seemingly impressive influencer and use their rebate without wanting to understand; compare instead. An excellent rebate will save you more money, worry, and effort.
For those worried about not getting your rebate, don't worry. When you look for a rebate, you can verify it. Good rebates have long-standing clients still trading (as shown in the transparent data below, which can withstand verification at any time). They will show you this, as rebates are a mutual assistance between users and KOLs, chosen by both parties.
