Want to know how much transaction fee you paid this year?
Open 【Contract】—【Today's Profit and Loss】—【Funding Fees and Transaction Fees】
It's clear at a glance; all the transaction fees are there!
Many people don't realize that contract transaction fees can be quite shocking, especially for high-frequency traders, some even pay transaction fees that exceed their principal in a year!
Let's do a simple calculation:
Binance's taker fee is 0.05%,
For example, if you open a BTC contract with 100U principal and 100x leverage, that's a 10,000U position.
10,000U × 0.0005 = 5U, so this transaction fee is 5 dollars,
And this kind of transaction might happen multiple times in a day...
So don't underestimate transaction fees; saving wherever possible is important. Long-time users should hurry and open a rebate account; over time, the difference can be significant!
