#你知道手续费有多恐怖吗

You don't know until you look, and once you study it, you get shocked. The trading fees for contracts are terrifying, as high as 1% of the margin for each buy and sell!

What does that mean? Just the 'trading fees' every month can eat up your principal, and after a year, the trading fees are equivalent to ten times your principal. No wonder nine out of ten gamblers lose.

How many people can consistently earn more than ten times a year? Only a few can do it, right?!!! And it's very likely that what they earn is even less than what the platform charges in fees 😂😂😂

🤪 Isn't it hard to believe?

This afternoon, I opened a 10x BTCUSDT contract with a margin of 46U, and the buy/sell fees deducted 0.46U (see images 1 and 2). My first reaction was that I had encountered a scam, right? Why is it so high!

Is the platform treating me like a 'cryptocurrency consumer'? 😂 I was so scared that I quickly asked customer service: Is there a system bug?

Customer service replied quickly, gave me a calculation, and it turns out it was normal, all verifiable. Binance 'only' charges a 1% fee, which is a conscientious exchange 👍

Binance fee inquiry link: https://www.binance.com/zh-CN/fee/futureFee

Later, I did some in-depth research. Brothers, if you think the fees are high, you can switch to market trading (0.05% fee for both buying and selling) instead of limit trading (0.02% fee for both buying and selling), so the 10x contract would only charge a 0.4% fee.

If that still feels high, you can exchange USDT for USDC, and then the limit trading for contracts would have 0 fees (see image 3). Wow, changing trading methods changes the fees 👍

Of course, as long as you have more than 5 billion in funds, your trading fees for USDT contracts will be the same as for USDC trading.

Alright, I won't say more, if I keep talking, I won't have time to accumulate 5 billion in principal. 88 🤪