#SwingTradingStrategy
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Binance: USDC Token Voucher vs. Trading Fee Rebate Voucher – Key Differences Explained
1. USDC Token Voucher (Spot):
* What is it? It's added directly to your Spot Wallet as USDC cryptocurrency.
* Usage: This USDC is just like actual cryptocurrency in your wallet. You can use it to buy any crypto, send it to another wallet, or convert it to cash. It's similar to cash or a gift card that's directly added to your account.
* Visible in Wallet? Yes, it will be visible as USDC in your Spot Wallet and will be included in your total assets.
* Example: If you receive a $10 USDC token voucher, $10 USDC will be added to your Spot Wallet.
2. USDC Trading Fee Rebate Voucher (Spot):
* What is it? It's not added directly to your Spot Wallet as any cryptocurrency. Instead, it's used to give a discount or refund on the fees incurred when you trade on Binance.
* Usage: When you make a trade (e.g., buying or selling on the USDC/USDT pair), this voucher automatically reduces your trading fee or refunds a portion of it. It only covers trading fees and cannot be used for any other purpose.
* Visible in Wallet? No, it won't be visible as crypto in your Spot Wallet. You'll find it in your "Rewards Hub", where its expiry and terms of use will be mentioned.
* Example: If you have a $10 USDC trading fee rebate voucher and you make a trade with a $5 trading fee, that $5 fee will be deducted from the voucher, not from your actual funds. You'll still have $5 remaining on your voucher.
Simply put, a USDC Token Voucher is free USDC added to your wallet, which you can use for any purpose. On the other hand, a USDC Trading Fee Rebate Voucher is like a coupon that reduces your costs when trading. If you want to receive USDC directly into your account, the token voucher is suitable. But if your goal is to reduce trading expenses, the trading fee rebate voucher will be useful.
