Many people do not know how exaggerated the transaction fees are. Let me explain. For example, if you open a position of 10,000 USDT, the usual spot trading fee at exchanges is 0.1%. The fee for opening and closing a position of 100 USDT with 100x leverage is 12 USDT...

Accumulated over a year, the rebates can exceed the principal!!!!

So you must open a rebate account. Many people find that their profits from trading cryptocurrencies cannot outpace the transaction fees, especially contract traders.

All contract traders must trade with rebates, as the transaction fees for back-and-forth trading often exceed your profits and losses. Both new and old users can open this.