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

Many friends who trade contracts often complain that the fees are too high, and there are several aspects worth discussing, full of valuable information.

Firstly, the amount of fees 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 you have a larger position, you also have more assets, and 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 costs more, generally around 0.05%. On the other hand, a limit order is like setting up a stall and waiting for someone to buy, which is much cheaper, only about 0.02%.

This is why exchanges prefer everyone to place more limit orders, as it benefits everyone.

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

In this way, costs are naturally lower, so when trading contracts, pay attention to these details; they can help you save a lot of money! #返佣