Can't wait any longer, so regretful. Just now, a friend who was having a good time was completely stunned. This friend said he deposited about 2000u three months ago, mainly to trade contracts, and he opened positions quite frequently. However, last month, there was only a little over 100u left, and then he deposited another 1000u, saying that if he couldn't play with this 1000u, he wouldn't play anymore. I taught him to check the fees and showed me, wow, you can see for yourself, I've put it below. The fees over three months amounted to more than 9000u, with a net loss of only over 1800u, so all the losses were in fees. If there were fee rebates, it would actually be a net profit of several thousand u. Looking at the second image for the recent month, including BNB, the fees were also over 1000u, with a net loss of only 105u. It turns out all the losses were in fees, and he just asked me to open a rebate for him. With his consent, I am sharing this example.
So why are contract fees so high? A transaction consists of buying and selling, opening and closing positions, meaning that each transaction incurs two fixed fees. Assuming you use 100u and open at 50x leverage, you are effectively trading with 5000u. The average fee in most exchanges is around 0.04%. This means you need 2u to open a position and 2u to close it. You haven't done anything, yet you’ve already spent 4u in fees from the original 100u. If you open 5 trades in a day, that’s 20u in fees. If you go back and forth and make 10 trades in a day, the 100u principal can surprisingly reach an astonishing 40u in fees. Opening 20 trades, the fees are basically on par with the principal.
Therefore, everyone must have rebates when trading; you must have rebates. Fees can quickly cover or even exceed the principal by several times, and setting up rebates can be done in a few minutes, which can save you huge costs in the future. Without rebates, it’s extremely disadvantageous. #BTC #eth #加密市场回调 #bnb
