Many people are unaware of how outrageous the transaction fees can be. Let me explain: for example, if you open a position of 10,000 USDT, the typical spot trading fee at exchanges is 0.1%, which amounts to 100 USDT. With 100x leverage, the fees for opening and closing a position would be 12 USDT...

Over the course of a year, the rebates can exceed the principal!

Therefore, it is essential to use rebates; many people find that their profits from trading cryptocurrencies do not outpace the fees, especially contract traders.

For those engaging in contract trading, make sure to use rebates; the transaction fees for buying and selling can often exceed your profits and losses. Both new and existing users can open accounts.