How much do you know about the commission rebate?
Transaction fees are the biggest cost in the trading process!
Here's an example, using Binance trading fees:
Example: Principal 1000u
10x leverage means 10000u,
10000U*0.05%=5u in fees
For 1 contract:
Opening fee 5u, closing fee 5u, totaling 10u.
Summary: For 10x leverage, calculated at 5 contracts a day,
Daily fees are: 10*5=50u=350 yuan
Monthly fees are: 350*30=10500 yuan
Annual fees are: 10500*12=126000 yuan
20x leverage means 20000u, 20000U*0.05%=10u in fees
For 1 contract:
Opening fee 10u, closing fee 10u, totaling 20u.
Summary: For 20x leverage, calculated at 5 contracts a day,
Daily fees are: 20*5=100u=700 yuan
Monthly fees are: 700*30=21000 yuan
Annual fees are: 21000*12=252000 yuan
This is just calculated based on 10x and 20x leverage; if you aggressively use 100x leverage, the fees are even more astonishing!
According to the calculations above, annual fees could potentially be in the tens of thousands of U; the savings are what you earn. If there’s a mishap and you get liquidated, the commission rebate can give us a chance to start over!
Do you understand? Do you get it? Do you want to find me for a rebate? Let me tell you quietly.
Imagine if the fees were discounted by 25%, how great would that be? Today, four people came again, all of whom initially didn't know the fees were so high, and after looking they realized they earned less than the fees.
I said, if you earned, you've already outperformed 75% of players in the crypto circle; most are losing, and for those who are losing, fees often account for half of it.
