Contract fees, do you understand? You might be losing U without even knowing it! | Hello everyone, I am Coin Circle Laifu, and today I want to talk to you about a long-hidden yet often overlooked 'invisible killer' in the crypto world - contract fees. Many friends, especially short-term traders, might think that the fees are negligible, but they are like a bottomless pit, unknowingly devouring your profits and even leaving you with nothing!

Let's do some calculations to give you a sense of the 'horror' of fees:

Suppose you open a position of 1 BTC at the current price of 97000 U.

- Limit order fee: 0.02% (97000 * 0.02% = 19.4 U)

- Market order fee: 0.05% (97000 * 0.05% = 48.5 U)

Opening a position once and closing it once incurs fees of:

- Limit order opening + Limit order closing: 19.4 U + 19.4 U = 38.8 U

- Market order opening + Market order closing: 48.5 U + 48.5 U = 97 U

- Limit order opening + Market order closing: 19.4 U + 48.5 U = 67.9 U

In other words, for a single trade, the fees are at least 38.8 U and at most 97 U!

How much do you lose in a month?

Assuming you trade twice a day, calculated at the minimum of 38.8 U:

- Daily fees: 38.8 U * 2 = 77.6 U

- One month (22 trading days): 77.6 U * 22 = 1707.2 U

1707.2 U! This is not a small amount! And this doesn't even account for the additional losses you might incur from frequent trading.

Don't let fees become a stumbling block on your path to making money!

Many people think that fees are a 'necessary expense' of the platform, and there's nothing they can do about it. But actually, many platforms offer rebate services! While the rebate rate may not be high, it adds up, and you can save at least a few hundred U in a month! This is real money!