Binance Square

暖脚大叔

Open Trade
TON Holder
TON Holder
Frequent Trader
2.2 Years
75 Following
66 Followers
63 Liked
3 Shared
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By the way, where can I follow the real-time situation of Hei Gui Liang Xi?
By the way, where can I follow the real-time situation of Hei Gui Liang Xi?
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Yesterday, when the price of Dogecoin was around 0.25, I found that many big Vs began to post screenshots saying that they would enter the market and go long. This is a real opportunity. Or is it the moral degradation of the big Vs?
Yesterday, when the price of Dogecoin was around 0.25, I found that many big Vs began to post screenshots saying that they would enter the market and go long. This is a real opportunity. Or is it the moral degradation of the big Vs?
DOGE/USDT
Buy
Price
0.24112
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I have a question. In addition to Binance, I am still using a token wallet to store USDT. I have used this wallet for two years. Last night, it was stolen and I lost more than 2,000 USD. Then, I was thinking about how it was stolen. After I saved the wallet, I saved the mnemonic phrase in my WeChat collection. I have a handwritten copy. Then I haven't checked the mnemonic phrase for at least a year. As a result, last night, the money in the wallet was suddenly transferred out. I don't understand whether it was stolen due to the leakage of the mnemonic phrase or some other reason.
I have a question. In addition to Binance, I am still using a token wallet to store USDT. I have used this wallet for two years. Last night, it was stolen and I lost more than 2,000 USD. Then, I was thinking about how it was stolen. After I saved the wallet, I saved the mnemonic phrase in my WeChat collection. I have a handwritten copy. Then I haven't checked the mnemonic phrase for at least a year. As a result, last night, the money in the wallet was suddenly transferred out. I don't understand whether it was stolen due to the leakage of the mnemonic phrase or some other reason.
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Finally understood how the funding rate is calculated The replies from the experts really boil down to one sentence; they think they explained it well, but I didn't understand it. After sleeping for a day, I finally figured it out. First of all, calculating based on leverage is correct, and calculating based on position size is also correct. Below I will explain the process and then get to the point! First, calculate based on leverage Taking ETH as an example, with 125x leverage, when opening 1 ETH the margin is 29.31, so the funding rate calculation is 125 * 29.31 * 0.01% = 0.366375. In other words, different leverage results in different margins. However, when opening 1 ETH, the leverage multiplier * margin is equal to the current market price of 1 ETH. So some people say to calculate based on position, which means holding a 1 ETH contract at the current price of 3675, the funding rate would be 3675 * 0.01% = 0.3675. What’s the key point? It’s the percentage sign. I calculated many times and found it to be expensive because I multiplied the price by the funding rate without applying the percentage. On the calculator, after using 3675 * 0.01, you must press the % sign. Only then will it yield the correct funding rate. {future}(ETHUSDT)
Finally understood how the funding rate is calculated
The replies from the experts really boil down to one sentence; they think they explained it well, but I didn't understand it. After sleeping for a day, I finally figured it out.
First of all, calculating based on leverage is correct, and calculating based on position size is also correct. Below I will explain the process and then get to the point!
First, calculate based on leverage
Taking ETH as an example, with 125x leverage, when opening 1 ETH the margin is 29.31, so the funding rate calculation is 125 * 29.31 * 0.01% = 0.366375.
In other words, different leverage results in different margins. However, when opening 1 ETH, the leverage multiplier * margin is equal to the current market price of 1 ETH.
So some people say to calculate based on position, which means holding a 1 ETH contract at the current price of 3675, the funding rate would be 3675 * 0.01% = 0.3675.

What’s the key point? It’s the percentage sign. I calculated many times and found it to be expensive because I multiplied the price by the funding rate without applying the percentage. On the calculator, after using 3675 * 0.01, you must press the % sign. Only then will it yield the correct funding rate.
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Seeking a knowledgeable person to explain the calculation of funding rates I still don’t understand how to calculate the funding rate, seeking someone knowledgeable to explain I checked online, and some say the funding rate varies with leverage. My rough understanding is that for example, opening a position of 1 lot of Bitcoin, if the margin used is 100 USD and the leverage is 100 times, the funding rate is 0.01%, then the funding rate is 100 times the margin of 100 * leverage of 100 * 0.01%, so the funding rate is 100, which means 3 times a day? So, with 20 times leverage and 100 times leverage, opening 1 lot of Bitcoin, is the funding rate cheaper with less leverage? I searched on YouTube, and not many content creators explained it clearly; most are just promoting opening contracts with referral codes. Now I really don’t understand how this funding rate deduction is calculated each time. {future}(BTCUSDT)
Seeking a knowledgeable person to explain the calculation of funding rates
I still don’t understand how to calculate the funding rate, seeking someone knowledgeable to explain
I checked online, and some say the funding rate varies with leverage. My rough understanding is that for example, opening a position of 1 lot of Bitcoin, if the margin used is 100 USD and the leverage is 100 times, the funding rate is 0.01%, then the funding rate is 100 times the margin of 100 * leverage of 100 * 0.01%, so the funding rate is 100, which means 3 times a day?
So, with 20 times leverage and 100 times leverage, opening 1 lot of Bitcoin, is the funding rate cheaper with less leverage? I searched on YouTube, and not many content creators explained it clearly; most are just promoting opening contracts with referral codes. Now I really don’t understand how this funding rate deduction is calculated each time.
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It's the last day of 2024, regardless of profit or loss. Let's be grateful for the market; this is also a form of self-cultivation. {future}(ETHUSDT)
It's the last day of 2024, regardless of profit or loss. Let's be grateful for the market; this is also a form of self-cultivation.
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There are only two days left until 2024 is over. December has been too tough, hoping that 2025 will be better {future}(BTCUSDT)
There are only two days left until 2024 is over. December has been too tough, hoping that 2025 will be better
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Fight again next year Actually, I just feel like I am the chosen one. At least since 2011, I have been involved in foreign exchange margin trading. This year is the first time I started dealing with cryptocurrency. Besides holding coins, I am also trying out contracts, and today I incurred a loss. How should I put it, my mindset is pretty good, and I haven’t lost motivation because of the loss. I have gotten used to losses over the years. Just sharing a screenshot to record it as the year comes to an end. I hope to make a profit in 2025, and more to show off with screenshots. Thanks to the strangers in the crypto circle for giving a thumbs up $BTC $ETH {future}(ETHUSDT) {future}(BTCUSDT)
Fight again next year
Actually, I just feel like I am the chosen one. At least since 2011, I have been involved in foreign exchange margin trading. This year is the first time I started dealing with cryptocurrency. Besides holding coins, I am also trying out contracts, and today I incurred a loss. How should I put it, my mindset is pretty good, and I haven’t lost motivation because of the loss. I have gotten used to losses over the years. Just sharing a screenshot to record it as the year comes to an end. I hope to make a profit in 2025, and more to show off with screenshots. Thanks to the strangers in the crypto circle for giving a thumbs up $BTC $ETH

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Vent a little, say something that everyone might not want to hear. You see, the money earned by luck will ultimately be lost because of your understanding. Too many people only know about getting rich overnight and the 10u war god. They don't realize that perhaps that is a one in ten thousand or even a million chance. If you only rely on your own many long and short trades, there will definitely be times when you can profit from your work, but most of the time. You watch the prices rise and fall. Yet when you operate in the opposite direction, the outcome of failure is already determined. You heard right, you can know the prices are rising and falling. You can choose to do the opposite, that moment is when you haven't been liquidated or stopped out yet, but your failure is already destined.
Vent a little, say something that everyone might not want to hear. You see, the money earned by luck will ultimately be lost because of your understanding. Too many people only know about getting rich overnight and the 10u war god. They don't realize that perhaps that is a one in ten thousand or even a million chance. If you only rely on your own many long and short trades, there will definitely be times when you can profit from your work, but most of the time. You watch the prices rise and fall. Yet when you operate in the opposite direction, the outcome of failure is already determined. You heard right, you can know the prices are rising and falling. You can choose to do the opposite, that moment is when you haven't been liquidated or stopped out yet, but your failure is already destined.
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Please help me predict whether cati has a future? I don't do contracts, just hold some spot. But this cati feels a bit like a frog in slowly boiling water......#Catizen
Please help me predict whether cati has a future? I don't do contracts, just hold some spot. But this cati feels a bit like a frog in slowly boiling water......#Catizen
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I got 1700 CATIS by playing with cats. I just sold 1000U and kept the rest. Maybe it will increase in the future...#币安上线CATI
I got 1700 CATIS by playing with cats. I just sold 1000U and kept the rest. Maybe it will increase in the future...#币安上线CATI
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$TON Some people say that the founder of Telegram was arrested? Is it true or not? Is this the reason for the decline of ton?
$TON Some people say that the founder of Telegram was arrested? Is it true or not? Is this the reason for the decline of ton?
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Why is the price of not rising? Why is the price of ton not rising? #not
Why is the price of not rising? Why is the price of ton not rising? #not
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I didn't care about the points mining at all. I should have saved six or eight bnb at that time, but suddenly bb came today. No matter how much, the benefits of saving bnb are still good #bnb
I didn't care about the points mining at all. I should have saved six or eight bnb at that time, but suddenly bb came today. No matter how much, the benefits of saving bnb are still good #bnb
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Dear experts, I understand that Bitcoin contracts charge a handling fee for opening and closing positions. But I would like to ask, if the longer the position is held, the more overnight fees there will be? How are they calculated?
Dear experts, I understand that Bitcoin contracts charge a handling fee for opening and closing positions. But I would like to ask, if the longer the position is held, the more overnight fees there will be? How are they calculated?
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Sell ​​U on Binance. Do you all choose SHIELD? How to choose safely? Which one is safer and less likely to be frozen when withdrawing funds to a bank card, Alipay or WeChat?
Sell ​​U on Binance. Do you all choose SHIELD? How to choose safely? Which one is safer and less likely to be frozen when withdrawing funds to a bank card, Alipay or WeChat?
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$TON has 500 tons stored in his wallet to earn profit. The plan is to sell 200 tons at 10 yuan to make a profit, and keep the rest in his wallet.
$TON has 500 tons stored in his wallet to earn profit. The plan is to sell 200 tons at 10 yuan to make a profit, and keep the rest in his wallet.
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I have a question that I still don't quite understand. Take Bitcoin contracts as an example. I have 10x leverage and 125x leverage. Both open 0.1 Bitcoin. Long or short is not important. The handling fee used for opening and closing positions. Does it have anything to do with the leverage? #手续费
I have a question that I still don't quite understand. Take Bitcoin contracts as an example. I have 10x leverage and 125x leverage. Both open 0.1 Bitcoin. Long or short is not important. The handling fee used for opening and closing positions. Does it have anything to do with the leverage? #手续费
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I tried the contract and found that the biggest problem was that the handling fee was really high.
I tried the contract and found that the biggest problem was that the handling fee was really high.
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I started to do forex margin trading in 2011, and then I found a strange phenomenon. At that time, the people in the circle cried and howled, and those who made money and posted their orders, and those who posted strategies when they had nothing to do were basically the same as what I see in Binance Square now. In the past, it was nothing more than Weibo, YY, forums, and Guagua Finance. Now these people are more concentrated. But the various scenes have not changed at all in the past ten years.
I started to do forex margin trading in 2011, and then I found a strange phenomenon. At that time, the people in the circle cried and howled, and those who made money and posted their orders, and those who posted strategies when they had nothing to do were basically the same as what I see in Binance Square now. In the past, it was nothing more than Weibo, YY, forums, and Guagua Finance. Now these people are more concentrated. But the various scenes have not changed at all in the past ten years.
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