How much do you know about commission rebates?

Transaction fees are the biggest cost in the trading process!

Here’s an example, using Binance's trading fees as a reference:

Example: Principal 1000u

With 10x leverage, that’s 10000u,

10000U*0.05%=5u in fees

For 1 contract:

Opening fee 5u, closing fee 5u, total 10u.

Summary: With 10x leverage, assuming 5 contracts a day,

Daily fees are: 10*5=50u=350 yuan

Monthly fees are: 350*30=10500 yuan

Annual fees are: 10500*12=126000 yuan

With 20x leverage, that’s 20000u, 20000U*0.05%=10u in fees

For 1 contract:

Opening fee 10u, closing fee 10u, total 20u.

Summary: With 20x leverage, assuming 5 contracts a day,

Daily fees are: 20*5=100u=700 yuan

Monthly fees are: 700*30=21000 yuan

Annual fees are: 21000*12=252000 yuan

This is just based on 10x and 20x leverage; if you aggressively do 100x leverage, the fees are even more astonishing!

Based on the above calculations, annual fees could amount to tens of thousands of U, and what you save is what you earn. If operations go wrong and you get liquidated, the rebate on fees can give us a chance to bounce back!

Do you understand? Do you get it? Want to reach out to me for a rebate? Let me tell you quietly.

Just think how great it would be to get a 25% discount on fees; today, four people came who all started without knowing how expensive the fees are, and later realized they earned less than the fees. I said if you earn, you’ve already outperformed 75% of players in the crypto space, most of whom are losing, and for those losing, fees often account for half of their losses.