Many people do not know the profit from rebates, let me explain. For example, if you open a position of 10,000 USDT, the spot trading fee at the exchange is usually 0.1%. If you open and close a position with 100x leverage on 100 USDT, the fee will be 12 USDT...
Over the course of a year, the rebates may exceed the principal amount!!!!
Therefore, you must open for rebates. Many people find that their profits from trading cryptocurrencies cannot outpace the trading fees, especially contract traders.
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