A Brief Explanation of the Secrets Behind Contract Fees and Fee Rebates in the Cryptocurrency World?

Many friends who trade contracts complain that the fees are too high, but there are actually several key points worth discussing, filled with practical information.

First of all, the amount of the fee is directly related to the size of your position.

It's not about how much you initially invested, but rather how much value you currently hold, taking leverage into account.

Of course, if your position is large, you will also hold more assets, and consequently, the fees will naturally increase.

Secondly, there is a significant difference in fees between market orders and limit orders. A market order is like directly buying someone else's assets, which requires paying more, typically around 0.05%. In contrast, a limit order is like setting up a stall and waiting for customers to come buy, which incurs much lower fees, only about 0.02%.

This is why exchanges hope that everyone will place more limit orders, benefiting everyone.

Finally, the level of fees also depends on whether you enjoy rebates from the exchange. Some people manage to spend less because they not only place limit orders but also earn back a portion of the fees from each transaction. (Rebates are returned based on the actual fees incurred, proportional to the amount.)

As a result, costs are naturally lower, so when trading contracts, pay attention to these details, which can help you save a lot of money! #返佣