You haven't activated the fee rebate, have you?
Many people are still unaware of the profits from the rebate, so let me explain a bit more.
For example, with 50,000 USDT and using 20x leverage, if you open half a position each time, the trading volume would be around 500,000 USDT, with a fee of 250 USDT for opening and 250 USDT for closing. Assuming you trade three times a day, that's 500 * 3 = 1500 USDT in fees per day, totaling 45,000 USDT in a month and about 540,000 USDT in fees a year.
So, it's essential to activate the rebate; the fees can be seen as free earnings. Without the fee rebate, it's easy to lose money. Even if you incur losses, as long as they are less than the rebate, you still end up making a profit.
👉 How much do you know about fees?
Fees are the biggest cost in trading!
👉 Here's an example using Binance trading fees:
🔺 USDT Margined Contracts
Maker: 0.02%, which you can simply understand as a limit order, meaning that both buy and sell orders incur a fee of 0.02%!
Taker: 0.05%, which you can also understand as a market order, meaning that both buy and sell orders incur a fee of 0.05%!
🔺 For instance, if you open a Bitcoin position with 1000 USDT using 100x leverage, the buying calculation is done based on 1000 * 100 = 100,000 USDT, with an opening fee of 50 USDT and a closing fee of 50 USDT, totaling 100 USDT. If you make four trades a day, the daily fee would be 400 USDT. Even if you just make one trade a day, that’s still 3000 USDT in fees for a month, and a total of 36,000 USDT a year. Let's be honest, most of us who trade contracts open positions frequently, right? Do you realize how much you’re spending on fees!!!
🔺 So everyone must activate the fee rebate; everything that can be refunded is money saved!
Once activated, as long as you maintain your principal without losses, as calculated above, you could get back tens of thousands of USDT in fees in a year. And if you make a mistake and face liquidation, the fee rebate can give you a chance to bounce back!
🔺 I hope everyone has a smooth trading experience in a bull market, and we can all get rich together!
💰 Binance fee discount invitation code: NE9ECHSE
💰 Binance fee discount link (copy and open in your browser): https://www.suitechsui.online/join?ref=NE9ECHSE (delete everything after 'https') #NFT市场回暖 $BTC
