For those trading high-frequency contracts, you may not even be aware of the existence of fees, or you might overlook these fees.
Little do you know, the fees from frequent trading could even exceed your principal, which is a significant cost.
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 brothers engaged in high-frequency contract trading with large positions,
your fee expenditure exceeding your principal could happen in just one month.
Therefore, it is essential to enable fee rebates; you should reclaim the fees that are rightfully yours. If you don't enable rebates, the fees will all go to the market.
Once you enable the 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 varying rebate ratios, methods, and times for rebates. A 5% difference in rebates could amount to hundreds or thousands of U with larger trading volumes.
🔺 Fee rebates are mutually beneficial, but they are not meant to take advantage of users who do not understand the rebates; we must severely crack down on those deceptive KOLs.
For seasoned contract users, it is crucial to set up a rebate; otherwise, the losses can be significant. If needed, little assistant Xiaohua can provide help.
