In digital currency trading, placing orders and taking orders are two basic and key operations. Placing orders means that investors place their desired transaction prices on the order book. Such traders are called "makers". After placing an order, the transaction will not be completed immediately, and it is necessary to wait for other traders to come and trade with it. If the market price fails to reach the point set by the placing order, the transaction cannot be completed, so placing an order transaction cannot guarantee that it will be completed.
The opposite is order taking. Order taking refers to trading directly with existing pending orders on the order book. Traders who adopt this trading method are also called "taker". Trading with market orders is a typical order taking behavior. Its advantage is that it can quickly match the pending orders on the order book and basically ensure the execution of the transaction. However, when there is a spike, the market price will fluctuate greatly in an instant. At this time, even if a market order is used to take orders, it is difficult to guarantee that the transaction can be completed at the expected budget price.
Taking Binance Futures as an example, the standard for charging fees is based on the trading method: the fee rate for opening a position with a pending order is 0.02%, while the fee rate for opening a position with a market order is 0.05%. Assuming that you invest 10,000U principal and open a position with 1x leverage, if you use a pending order, the fee is 2U; if you use a market order, the fee is 5U. If the leverage is increased to 10x, the pending order fee is 20U, and the market order fee is as high as 50U. It is worth noting that you need to pay a fee for both buying and selling operations.
In view of this, it is extremely important to seek commission rebates. Through transaction fee rebates, combined with the discounts enjoyed by BNB payments, investors can save about half of their transaction fee costs. This can not only effectively reduce transaction costs, but also significantly increase actual returns in long-term transactions. For contract traders, it is a key link that cannot be ignored. #手续费返佣 #合约交易 #合约战神
