Recently, there have been many scams involving rebate commissions in Binance Square.
They claim that contracts can return 35%. But what is the actual situation?
The official regulations state that spot cannot exceed 35%, and contracts cannot exceed 25%.
Exceeding the official limits is considered a violation and can lead to account suspension and recovery of funds.
So do you think they will choose to violate the rules to give you a rebate, or will they just scam you and keep it for themselves?
Therefore, the 35% rebate they mention could only mean two things: either they are scamming you and not actually giving that much, or they are risking account suspension and recovery by violating the rules to give you a rebate (which is unrealistic).
The answer is clear to everyone.
This information is sourced from a peer's writing; I am just forwarding it as a reminder.
