Market is boring, the section chief is here to popularize knowledge about transaction fees:
Beware of rebate word games! For example, promoting a 30% rebate is actually 20% for contracts + 10% for spot.
Taking an example of opening a position of 100U: Binance contract transaction fee rate is 0.05%, opening a position with 100x leverage incurs a fee of 5U, and closing it incurs another 5U, totaling 10U. Assuming an average of 3 trades per day, the monthly fee approaches 1000U. If operated long-term, the annual fee reaches 10800U (about 80,000 RMB)!
Since Binance does not automatically refund contract fees for new users from the second month, the section chief has set the ratio here to 40%, and the fees from the previous month will be uniformly distributed at the beginning of the month!
Using the section chief's rebate code can save you 20% on contract fees!
Section chief's rebate registration link: https://www.marketwebb.club/join?ref=A5AAQN12
Section chief's rebate referral code: A5AAQN12
If you have any questions, feel free to find me in the KOL chat room for consultation!