Recently, I've been trading $BR, and after 4 consecutive days of testing, I've found that:
👉 Using the 'Limit Order Mode' on Binance for trading is more cost-effective than trading directly from the wallet!
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✅ My operating process (taking the web version as an example):
📌 Step 1: Buying operation
Enter the Binance spot area and select Limit Order Mode
• Suggested buying price: recommended price
• Quantity: depending on yourself, I usually go for 2000
📌 Step 2: Selling operation
• Also use Limit Order Mode
• Selling price set to: recommended price
• Sell all, usually executed immediately
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🧮 Real comparison:
Wallet trading 15 points → Average loss of about 3.7U
Exchange limit trading → Around 3.2U
👉 Save about 0.5U each round, so by the end of the day, you can enjoy an extra cup of soy milk + marinated egg
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📌 Notes (must read):
⚠️ Be sure to use limit orders, do not use market price!
⚠️ Use the recommended price directly for limit orders
✔️ Practically, limit orders can usually be filled instantly
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📊 Tips for tracking trading volume:
Binance web version → [Historical Orders] page
• Select today's date
• Type: select 'Buy'
• Status: remove 'Cancelled'
You can quickly count directly.
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✳️ Method summary:
🔹 Advantages:
1. Saves on transaction fees (saves 0.5U+ each round)
2. No fear of 'slippage', limit orders can be controlled
3. Can also buy low and sell high when there's time, making a small profit
🔸 Disadvantages:
• Requires manual calculation of transaction amounts (but it's not complicated)
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If you want to steadily earn points while controlling costs, this method is really worth a try~
If you have other small tips for earning points, feel free to share in the comments, let's exchange and optimize strategies together~