The secrets you must know about cryptocurrency trading
Do you know how much the transaction fee is for contract trading? The monthly transaction fee for large investors is at least tens of thousands of dollars. How to minimize the transaction fee
Use BNB to deduct, spot trading BNB can deduct 25%, contract trading BNB can deduct 10%
Open the fee reduction, at least 20%
Try to use pending orders, that is, the limit order displayed at the opening position (but sometimes it will be executed as a taker order), choose Only do Maker, the taker fee rate in the contract is 0.05%, and the maker fee rate is 0.02%. You can see that the maker fee rate is very low. If combined with BNB deduction and fee reduction, it can be even lower.
Although the maker fee rate is very low, it also has a disadvantage. It cannot be fully traded immediately. Sometimes, if you set a position of 1000u, you may only open 800u in reality. You can weigh the pros and cons yourself.
Suppose you open a position of Bitcoin. The current price of Bitcoin is 100000u. The taker fee is 50u. It takes 100u of fee for opening and closing. If you use maker orders for both opening and closing, the fee is 40u. If it accumulates for a long time, you can think about how much the fee is. (The fee is not related to the currency)
Don't be high-multiple, high-frequency, or all-in! Respect the market
What are the benefits of fee rebates?
Benefit 1: When you make a profit. The rebate is your extra income
Benefit 2: When you close your position to protect your capital, the rebate is your income
Benefit 3: When you stop loss, the rebate can help you start over again
Maybe many people are not willing to believe in the rebate of handling fees. The rebate mechanism of handling fees is available on every exchange platform. In order to provide a better user experience, the user's transaction fee is reduced as much as possible
Of course, the handling fee rate of each exchange is different, and the rebate ratio is also different (others eat different)
