How much do you know about commission rebates?

Transaction fees are the biggest cost in the trading process!

Here’s an example, using Binance's trading fees:

Example: Principal 1000u, limit order trading fee rate 0.02%, market order trading fee rate 0.05%.

With 10x leverage, that’s 10000u,

Limit order: 10000U×0.02%=2U fee

Market order: 10000U×0.05%=5u fee

For 1 contract:

Limit order opening fee 2U, closing fee 2U, total 4U

Market order opening fee 5u, closing fee 5u, total 10u.

Summary: Calculating with 10x leverage and 3 contracts a day

Daily fees are: 4×3=12U=84 units — 10×3=30U=210 units, user daily fees range between 84 units — 210 units.

Monthly fees are: 84×30=2520 units — 210×30=6300 units

Annual fees are: 2520×12=30240 units — 6300×12=75600 units

This is just calculated with 10x leverage, if aggressively using 100x leverage, the fees can be astonishing!

Based on the above calculations, annual fees might be substantial, and the savings would be profit. If the operation is not handled properly and liquidation occurs, the fee rebate can still give us a chance to make a comeback!

Do you understand? Got it? Want to reach out to me for a commission rebate, just quietly telling you.

Imagine if the fees were discounted by 25%, how great that would be! Many people don't realize how expensive the fees are, and when they look back, they find that what they earned is less than the fees, they have already outperformed 75% of players in the crypto space, most are losing, and for those losing, fees account for half of the losses, and many end up earning less than the incurred fees.