Dear outstanding contract traders, after experiencing high-frequency trading, have you found that it seems you haven't made much money? Is this due to market distortions or the decline of the platform?
Actually, it's neither; the main issue is that the transaction fees are too high, which has deducted a large portion of your profits.
Open the Binance app -- Funds -- Contracts -- Today's Profit and Loss -- Funding Fees and Trading Fees.
You can see your fees for the past year.
For high-frequency contract traders and those with large positions,
your fee expenses may exceed your principal in just one month.
So you must enable the fee rebate; the fees you should reclaim should be reclaimed; if you don't enable it, all the fees will go to the market.
By enabling the fee rebate, the fees will be returned to your own account, saving you at least tens of thousands of U in fees each month.
Different invitation codes have different rebate ratios, rebate methods, and rebate times. A 5% difference in rebates can amount to hundreds or thousands of U under large trading volumes.
🔺 The fee rebate is mutually beneficial, but it is not meant to deceive unaware users. We must strictly crack down on those deceptive KOLs.
For old contract users, it is necessary to set up a fee rebate; otherwise, the losses can be substantial. If needed, the Xiao Jiu Cai Flower Assistant can provide help.