Many traders prefer one-click closing to exit quickly, which actually executes a 'taker' operation, and the transaction fees are often higher, usually at 0.05%. Based on this fee rate, the exit fee is: 3500u * 10 * 0.05% = 17.5u. In summary, the total fee for a single contract from entry to exit amounts to 35u. If you conduct 5 such trades daily, the cumulative fees will reach 175u. Furthermore, extrapolating, the monthly fee expenditure (based on 30 days) will reach an astonishing 5250u.
For high-frequency contract traders and those with large positions,
Your fee expenditure could exceed your principal in just a month.
Does it sound a bit high? Don’t worry, at this time, the advantages of fee rebates become apparent. Through rebates, you can get back a portion of the fees, effectively saving money.
More importantly, fee rebates are not only applicable to spot trading but also to contract trading. This means that whether you are a spot trading expert or a contract trading pro, you can enjoy more trading returns through rebates.
So definitely open the rebate program; the fees you need to get back should be reclaimed; otherwise, all the fees go to the market.
Once you open the rebate, the fees will be returned to your own account, saving you at least tens of thousands of u in fees each month.
For veteran contract users, it is essential to set up a rebate; otherwise, the losses can be significant. If you need assistance, Fuku Rebate can help you with that.
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