In the cryptocurrency market, why is there still a loss despite making a profit?
This is a question many people encounter.
Using the above image as an example, daily profits are positive, but actual statistics show a loss.
As we can see, the expenditure for total trading fees is $92112 + 73.35 BNB.
At that time, the price of BNB was $650 each, and the BNB expenditure was $47677.
The actual total trading fees are 92112 + 47677 = $139789.
This is a typical case of losing everything in fees.
Taking the world’s number one exchange, Huobi, as an example, the contract trading unilateral fee rate is 0.02% (limit order) and 0.05% (market order).
With a principal of $100 using 100x leverage, the position value is $10,000, and the trading fees incurred are $4-10.
Even if you trade only once a day, the monthly trading fee expenditure amounts to $120-300.
However, this portion of fees can be saved.
You only need to fill in an invitation code.
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