Contract Trading Fees
Taking Binance as an example, it is specifically differentiated based on the order type. The unilateral fee rate for contract trading is 0.02% for limit orders and 0.15% for market orders.
OKX has fewer activities, and the fee expenses are relatively higher.
Calculation method: Position value × Fee rate. Additional note: Position value = Opening capital × Leverage multiplier.
The transaction fee rate for contracts is significantly lower compared to spot trading, but contract trading allows for leverage, which amplifies one's capital and adds another direction for purchasing. This increases traders' trading intentions and frequency, resulting in considerable expenses.
With a capital of 500 and using high leverage, the fees can account for nearly 10% of the capital. Over a long period, this accumulates to a significant expenditure.
In this context, trading fee rebates in the cryptocurrency space become particularly important. How to enjoy rebates?
When registering, fill in the invitation code to normally enjoy rebates. Note that different invitation codes have varying rebate ratios, methods, and times, so careful selection is necessary.
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