Brothers, the article we've been talking about for a long time is finally here today; although it's hard to hear, it can truly help you save every contract fee!
I believe everyone has been too focused on high-frequency contracts and hasn't paid attention to the existence of fees? Or think that little money doesn't matter? Then you are very mistaken!
I hope this article wakes you up; contract fees are an invisible killer!
High-frequency trading + large positions = explosive fees
The accumulated fees from frequent trading can add up quickly beyond your imagination.
For many traders, the fees can accumulate to exceed the principal in just a month or even less.
Even if you are a small trader, if you trade frequently, the total fees over the year will be unimaginable and frighteningly high!
First, let's understand the fee rates and how to calculate them.
In contract trading, fees are divided into market order (buying at market price) and limit order (buying at limit price).
If your 30-day trading volume is less than 15,000,000 USD, you are considered a regular user (market order: 0.05%, limit order: 0.02%)
USDT-based trading fees = transaction amount x transaction price x fee rate (regular users: market order: 0.05%, limit order: 0.02%)
For example: if you open a long position of 100 ETH at market price of 3000, that would be (100x3000x0.05%=150 USDT) opening fee of 150 USDT.
Then if Ethereum rises to 3100, and you sell at market price, that would be (100x3100x0.05%=155 USDT) closing fee of 155.
Total opening and closing = 305 USDT in fees, additionally Binance has no overnight fees, but if the position is forcibly liquidated, a liquidation fee will be paid.
Don't believe it? You can check it yourself right now!
Open your Binance APP:
Funds -> Contracts -> Today's profit and loss -> Capital costs and trading fees
Take a look at how much real money you have 'lost' in the past year! You might gasp after seeing it.
There's only one solution: enable rebates! Get the money back!
No rebate on fees, every cent you pay in fees is contributed to the market, but if you enable rebates, this part of the money can be returned to your own account.
What you save is what you earn!
You can easily save hundreds or thousands in a month; over time, if you trade frequently enough, saving enough in a year to buy a BMW, Mercedes, or Audi is not a dream!
The highest benefits on the entire network! Get a 35% rebate with me!
We won't skimp on necessary expenses, but fees that can be saved must be saved! If you've been following my content for a long time and find it useful, now is the best opportunity to support me:
Register/open a contract rebate with my exclusive link: automatically enjoy a 20% discount on fees.
Brothers, trading is not easy; every cent of cost must be calculated carefully. Enabling rebates, especially getting that 20% discount on fees, is the most direct and effective way to reduce trading costs and protect your principal. Don’t hesitate, hurry up and use my link to get back the fees that should belong to you!
Rebate link Rebate link
Exclusive invitation code for new users: 167678639
Feel free to share this article and link with your friends who trade contracts, let's all save money! Spend what needs to be spent and save what can be saved! Fees must be saved!
