This week's transaction fees have been distributed
Transaction fees are the most intuitive and can directly save money in your hands. Just talking about it doesn't feel real; let's do the math:
Taking 1000U as an example: Binance's contract taker fee rate is 0.05%. If I use 1000U as the principal and trade at 100 times leverage, the transaction fee for one trade is 1000 * 100 * 0.05% = 50U, meaning that each time you open and close a position, you lose 100U.
Anyone who has traded contracts knows that opening a few positions in a day is quite normal. Let's calculate based on opening and closing positions 3 times a day; by the end of the month, the transaction fees alone can reach nearly 10,000U.
If you trade contracts long-term, opening a position of 1000U each time, the transaction fees for a year would amount to 108,000U, equivalent to about 800,000 RMB.
I will distribute the money first to give my friends some extra funds,
🎈 Open -- Contracts -- Today's Profit and Loss -- Capital Costs and Transaction Fees.
You can see your transaction fees for the past year there, save some for yourself.
Transaction fee discount link: https://www.binance.com/join?ref=YMECDG4K
(The app uses the invitation code for the most convenience)
Minimum 20% discount code: YMECDG4K
Benefits:
1. Friends who register with the Morning Peak link will receive exclusive signals, exclusive strategic insights, and related teaching.
2. A complete set of trading technical videos
3. Automatic return of proportional fee discounts