Recently, I saw many people in the square confused about the transaction fees, with many not realizing that they had paid tens of thousands of U for fees. Today, I will explain in detail the fee structure of Binance.
1. First, let's clarify the difference between a market order and a limit order.
A limit order is a price order, meaning that the price has not yet reached your desired level, so you place a limit order and wait for the price to reach your set level before it is executed; otherwise, it will not be executed. A market order, on the other hand, is to buy at the current market price directly.

2. Now that we understand the difference between limit orders and market orders, let's look at the fees. You can see the fee rates marked in red in the image below. Without considering the BNB discount, the rates are 0.02% and 0.05% respectively. If you open a Bitcoin contract of 100 U ✖️ 100 times, your position will be 10,000 U, so your fee for a limit order will be 2 U, and for a market order, it will be 5 U. Note that the fees are charged in two parts: once for opening the position and once for closing it. For example, I often open positions with limit orders at market prices, and to close positions quickly, I usually use market orders directly, so my total fee is 2 + 5, which is 7 U.

Another point to note is that setting a limit order for take profit or stop loss is essentially also a market order. This is unavoidable, as we close positions for quick execution; if we use a limit order and the price moves too fast, it may skip over your set price, resulting in a failure to execute and possibly a liquidation. I have experimented with this several times, and the price has jumped over my set price. If it doesn't come back, it won't execute, and I might keep incurring losses, leading to liquidation if not monitored.

3. Knowing how the fees are charged, let's discuss how to save on fees. The image shows that using BNB for deductions can reduce the fees by 10%. The method for this operation is to purchase a small amount of BNB in spot trading, transfer it to your futures wallet, and then check the box to settle fees with BNB. Additionally, you can enable fee rebates; after enabling this, a portion of the fees you generate will be refunded, generally in the range of 20% to 30%. If you need help, feel free to reach out to me. My address is in the pinned comments section on my page, and I guarantee a reliable and trustworthy experience.

$BTC Many people cancel their accounts and find someone to borrow their real names to open fy, and then they run away after a month of refund. Some people are even more stupid, just fill in an invitation code in the square, but they can't even find the person if they don't return it. So if you decide to open fy, long-term stability is definitely the most important. I return weekly here, and there has never been a day of delay. What I do is word of mouth. Long-term and stability are my golden signs.

$VANA Will the market maker raise the fund fee rate again?

The funding rate of $VANA has reached its maximum, and at this point, it is absolutely not advisable to short. I mentioned this when discussing the funding rate earlier. This kind of funding rate is definitely manipulated by the market makers, so the key point for this cryptocurrency is when the funding rate is settled. Observe how strong the drop is at the moment of settlement; if the funding rate continues to not decrease, it will likely rise again afterwards.

The trading fees for contract transactions have always been a significant expense.

First, let me teach you how to check how much fee you have already paid,

Click on the contract account - at the end of today's realized profit and loss, there is a '>' click it - click on capital costs and fees - check the box to display fees, and you will be able to see it,

Binance's fee rule is 0.05% for market orders and 0.02% for limit orders.

The nominal position is margin ✖️ leverage multiplier.

For example, if Bitcoin contract is 1000u ✖️ 100x leverage, then if there are two market orders, your fee for this order is 100u, 3 orders a day would be 300u, and that's 9000u in fees for a month, not to mention that some frequent traders may exceed 3 orders a day. When you calculate like this, you can see how terrifying it is; many people actually do not lose on trades but lose on fees.

Therefore, it is very necessary to open a fee rebate for contracts; you must not disregard this matter. Once opened, you can save a lot of money; in a bull market, more bullets mean more opportunities!!!

Open for further inquiries 🔝, welcome to consult.

$BTC It is well known that Binance's operating interface is very complex and not user-friendly for beginners. Today, I will briefly introduce it in an understandable way.

When we open the order interface, we can see many options. Here, I will highlight a few important and frequently used ones.

First, let's talk about the first image.
1. Limit Order: This means a pending order; it will only be executed when the price reaches your set price. The transaction fee is relatively low, but it may not get filled.

2. Market Order: This means to take an order; it will execute immediately at the current price. The transaction fee is relatively high and there may be slippage. If you're afraid of missing out, you can use this. I have previously written about the transaction fees for limit orders and market orders, so I won't repeat it here.

3. Market Take Profit and Stop Loss: I recommend using market orders for take profit and stop loss. I believe everyone has encountered a situation where the price reaches your set level but does not execute, simply because you did not set a market order. If market fluctuations are too great, it can skip over your limit order, preventing it from being executed. We use take profit and stop loss to exit quickly, so it is definitely recommended to use market orders.

4. Staggered Limit Orders: I personally find this quite useful. Taking Ethereum as an example, if we have identified an entry point between 3000 and 3200 but are uncertain of the exact level, we can set staggered limit orders. This means dividing your set quantity into several small orders within the range of 3200 to 3000. Each time a level is reached, a portion executes, which can help avoid missing out on opportunities.

The second image shows market take profit and stop loss. Click on take profit and stop loss, then switch to market orders. I personally find this quite important because if the market fluctuates too quickly and the price skips over your set take profit and stop loss without returning, it can likely lead to liquidation.

This week's bn user rebates of $BTC have all been issued. If there are any omissions, please notify us in a timely manner. If you need fy commission, contact me, professional, reliable, long-term and stable 😚

I saw Yan Chi arguing fiercely with that person about the issue of commission rebates. I've already written about the commission issues in my previous article, so now let's talk about the rebate issue and see if you've been scammed 🤡

First of all, all KOLs have a uniform contract ratio of 30, with no exceptions. As for how much your upstream gives you, that's their business. Only spot trading has differences, some only have 40, with the highest being 50.

Secondly, why do some people say there's a 40% rebate, with an extra 10%? It's because this is an official gift for new users, which can be set to return to themselves or directly to the customer. Note that only this 10% can go directly to the customer, while the rest stays with the KOL and needs to be returned manually. This 10% is the rebate for the invitee, which is also the reason why many people only receive it for the first month and then it disappears, because all your rebate is consumed by your upstream.

Then, regarding the duration issue, the official rule is one year, but theoretically, it can be extended indefinitely, so in practice, the minimum rebate time is also one year. If someone tells you that they only return for the first month, then you can start to criticize them.

Who to find for rebates? How to choose? First, look at how long they've been doing this. If they just started, they're definitely unstable and have a risk of running away at any time. Finally, look at the ratio; if it's too low, that's definitely not acceptable. At least it should be 20, otherwise, think about it: the hard work you've put in, the fees you've paid, it wouldn't be reasonable to just lie around doing nothing.
Finally... if you need it, you can find me, I am definitely reliable 😂

If you are promoting fy, if you feel you can't continue, if you want to earn alliance bonuses. I have a cooperation plan here that allows you to earn alliance bonuses by only bringing in a few people. Colleagues are welcome to inquire.

If this father hadn't sold it, this six-year-old girl would now be worth over 6 million RMB, far ahead of her peers 😂

#手续费返佣 All fy has been distributed this week. Reliability means settling at the same time regardless of size, never delayed by a day. If you haven't activated fy, check your own fees; if you feel distressed, you can click on the 🐷 page to find me.

Seventy thousand air forces are fearless, while one hundred thousand air forces are timid😎

A Korean exchange has reached more than 60,000 in one transaction, so we can see how important trading depth is. Why must we use a large exchange? In addition to security, the issue is depth. $BTC

If I saw you at that time, would you believe it? Would you buy a little? How long would you keep it? 😉

I also watched him draw for a whole day, and finally decided to leave it empty-handed. Fortunately, I didn't resist. 🤡

#手续费 This week's fy has been fully settled. No matter how much the amount is, as long as it is paid on time every week through the fy number I registered, there is no delay.

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Recently, I saw that the three horses 🐴 of 55313637473 were cheating people by not giving them the fy, and a few days ago, the green-haired one also only returned for one month after giving it to Binance, saying it expired. I was shocked that such a big influencer would do this; it's really bottomless. No wonder there is so much resentment towards commission returns now. Today, I want to talk about these commission return issues to set the record straight for the brothers who genuinely work hard on fy.

First of all, if someone tells you Binance returns over 30%, don't even think about it; it's a trap. When the time comes, they will tell you that only spot trading qualifies for a return! Secondly, if someone tells you Binance only returns for one month, they are also a big scammer. New Binance users will receive an automatic one-month bonus credited to their account, while others are with the person who invited you. There is a 30% return, and Binance's rates are the same and very transparent; there's no need to hide anything. As for how much you get back, that depends on the individual. Additionally, Binance fy has a duration of one year, and this time can be extended indefinitely (completing one task extends it by three months), meaning there is at least one year of time available.

Moreover, some people think that those who do fy just want to earn their money and invite small accounts themselves. However, if you haven't applied for KOL or Binance captain, your own invitation rate is only 20% (10% from the small account and 10% from yourself), and the small account's 10% is only for the first month, which is 20% less compared to registering under a Binance captain.

Finally, I want to say that as long as someone is genuinely working on fy without any ulterior motives, they are actually the ones who hope the clients earn money the most; they are truly in a community of shared interests with the clients. Of course, this excludes those with bad intentions. Everyone should not have a bias against fy; reliable teammates can really help you save a lot on fees. The real garbage is those who charge for trades, earn from you, and then run away, as well as scammers!

#手续费返佣 This week's commission has been fully distributed, regardless of the amount, as long as you open the commission with me, it will be distributed on time without any delays. For commission inquiries, contact me for a long-term stable and high ratio 😹

Is the fear value going to reach a new high every day?
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