Contract Trading Tips

Many people think that the fees for contracts are lower than spot trading fees, so they believe that the contract transaction fees are less, which is actually a misconception.

Since contracts can be leveraged and have an additional direction for trades, this will inadvertently increase the trading frequency.

Contract trading fees are calculated based on the value of the position after leverage is applied.

Opening a 100x leverage with 100u incurs a fee of 10u, which constitutes 10% of the principal (this is just an example; high leverage is not recommended).

If you want to reduce trading fees, the first thing to consider is rebates.

Currently, Binance has quite a few promotional policies regarding fees.

For example, BNB discounts and 0 fees for USDC trading pairs.

These can also be combined with rebates.