Recently, many people have been confused about the handling fee at the square, with many unknowingly paying tens of thousands of USDT without understanding what happened. Today, I will explain in detail the fee charging rules on Binance.
1. First, let's clarify the difference between market orders and limit orders.
A limit order is a type of order where you set a price at which you want to buy or sell an asset. It means the price has not yet reached your desired level, so you place a limit order and wait for the price to reach your set point for the transaction to occur; otherwise, it will not execute. A market order, on the other hand, is when you buy or sell an asset at the current market price.

2. Now that we understand the difference between market orders and limit orders, let's look at the fee rates. You can see the fee rates marked in red in the image below, which are 0.02% and 0.05% if we do not consider the BNB discount. For example, if you open a Bitcoin contract of 100 USDT at 100x leverage, your position will be 10,000 USDT, which means your limit order transaction fee will be 2 USDT, and the market order fee will be 5 USDT. Note that the handling fee is charged in two parts: once when opening the position and once when closing it. For instance, I often open positions with limit orders at the market price, and for closing positions, I usually use market orders for quick execution, so my total handling fee is 2 + 5, which is 7 USDT.

Another point to note is that setting limit orders for profit-taking or stop-loss is also considered a market order, which is unavoidable because we close positions for quick execution. If you use a limit order and the price moves too quickly, it might skip your set price, and you may not be able to execute the trade, which can lead to liquidation. I have tested this myself several times, and the price has skipped my set point. If it does not return, the trade cannot be executed, which could lead to continuous losses, potentially resulting in liquidation if you are not careful.

3. Now that we know how the handling fee is charged, let's talk about how to save on handling fees. The image shows that using BNB for fee deduction can reduce fees by 10%. This operation method involves purchasing some BNB in spot trading, transferring it to the contract wallet, and then checking the option to settle fees with BNB. Additionally, you can enable fee rebate, which allows you to receive a portion of the handling fees back, typically in the range of 20% to 30%. If you need assistance, feel free to contact me; I'm online regularly and absolutely reliable.

The rebates from this week have been issued by our platform. Since the transfers need to be done manually one by one, please notify us promptly if there are any omissions. Rebates are issued once a week, rain or shine, focusing on long-term stability.

#事件合约 tested Binance's new feature. If you open a short position, it will slide down; if you open a long position, it will slide up. Perhaps the exchange thinks the winning rate for opening long is higher? 4 trades: 2 wins and 2 losses. In the last wave, I lost 200 dollars thinking it was over, but who knew it would rise again. In summary, it's just for a little novelty and fun; this thing is suitable for those who like to go all-in, after all, the winning rate for all-in is much lower than this, and all-in has liquidation fees.

This week, the user's fy has returned. It is fixed every week regardless of rain or shine. Old hands know how rare it is to have a reliable, stable and not a scammer. 😸 Long-term stability has always been my signature#

Wishing everyone wealth in this bull market

$BNB CZ forwards KOL tweet viewpoints, the first quarter of 2025 is the most promising period for altcoins in the past 36 months, following the same pattern as 2017 and 2021. The minimum target price for BNB is $1314 (for locals?) with the best target at $1986, wow, a mix of whole and decimal numbers.

$BTC $ETH All the rebates for customers this week have been paid out. There will be no obstacles in getting rebates every Monday. Please contact me for rebates. It will be stable and reliable in the long run.

This week's bn user rebates have all been distributed. If there are any omissions, please notify us in a timely manner. Who knows who got wiped out by the wolf pack, so most of it is converted to cash at the price of 7.4. Thank you for your understanding [crying]

$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? 😉