As long as you are trading contracts, you must have a rebate; otherwise, it’s too much of a loss.
Let’s calculate and clearly feel the handling fees.
If you open 10x with 1000U, your position value is 10000U. With a handling fee of 0.04%, the opening fee is 4U, and the closing fee is also 4U. This means that as long as you open and close a position, you must pay this 8U handling fee.
Don’t underestimate the amount; if you open several trades in a day or trade frequently, it all adds up to a considerable sum.
If there is a rebate, you can save a part of it, and this is profit beyond your earnings.
There are two other ways to save on handling fees. The first is to use BNB to pay for trading fees, where contracts enjoy a 10% discount on the fee rate.
The second is to increase your VIP level, which can lower the fee rate.
