How much do you know about commission rebates?

Transaction fees are the largest cost in the trading process!

Here’s an example, using Binance trading fees:

Example: Principal 1000u

10x leverage means 10000u,

10000U*0.05%=5u transaction fee

For 1 contract:

Opening fee 5u, closing fee 5u, total 10u.

Summary: Calculating for 10x leverage with 5 contracts a day

Daily transaction fee is: 10*5=50u=350 yuan

Monthly transaction fee is: 350*30=10500 yuan

Annual transaction fee is: 10500*12=126000 yuan

20x leverage means 20000u, 20000U*0.05%=10u transaction fee

For 1 contract:

Opening fee 10u, closing fee 10u, total 20u.

Summary: Calculating for 20x leverage with 5 contracts a day

Daily transaction fee is: 20*5=100u=700 yuan

Monthly transaction fee is: 700*30=21000 yuan

Annual transaction fee is: 21000*12=252000 yuan

This is calculated based on 10x and 20x leverage. If someone aggressively uses 100x leverage, the fees will be even more astonishing!

Based on the above calculation, the annual transaction fees could amount to several tens of thousands of U, and the savings are essentially earnings. If a mishap occurs and a liquidation happens, the refunded transaction fees can give us a chance to make a comeback!

Do you understand? Have you grasped it? Do you want to contact me for a commission rebate?