Let me share an interesting story about transaction fees with everyone.

I was chatting with a fan about regular players. With a principal of 1000U, one could earn about 100-200U in transaction fees in a month. Then we started calculating meticulously. Those who have played contracts must have studied this: the transaction fee for market orders is 0.05%, which is five per ten thousand, while for limit orders, it’s 0.02%, which is two per ten thousand. This is something everyone should know. So, if you enter at market price with 100U margin and 100 times leverage, it equals opening a position of 10000U, and the fee would be 5U. Therefore, entering and exiting would cost 10U. Apart from the seasoned traders, most players now just set good points for support and resistance and wait for limit orders to trigger; about 80% trade at market price. I’ve been a victim of this too, so I understand this feeling. Even during my wild days two years ago, I could open 10 to 20 trades a day, listening to friends talking about this clone that could be staked, or another project that had news of withdrawing funds, and I would jump right in, etc.

Based on Binance's ratio to KOLs of 30%, if you open 100U at 100 times, the transaction fee for entering and exiting would be 10U, and each order could return 3U. At this scale, if you open 50 trades in a month, you would earn 150U in commissions. By extension, earning 100U-200U in a month with a principal of 1000U is not a difficult task. However, a friendly reminder: do not over-leverage, do not over-leverage. Opening trades is for making money, not just for the sake of trading. I hope my fans can develop their judgment skills and stay calm when the market moves, thinking about where to enter. 😎#手续费返佣