The Importance of Rebates

Check out the rebates on contract fees

Check out the rebates on transaction fees

Many people are still unaware of the profits from rebates, so let me explain a bit more

For example, with 50,000 USDT, if you leverage 20 times, each time opening half a position, the trading volume would be approximately 500,000 USDT, the transaction fee is 250 USDT, and closing the position is also 250 USDT.

Assuming three trades per day, that’s 500*3=1500 USDT in fees per day, which totals

45,000 USDT a month, and about 540,000 USDT in fees for a year.

Therefore, it’s essential to open rebates; transaction fees can be considered as free money. Not having rebates

makes it very easy to lose money. If you have rebates on the transaction fees, even if you are losing money, as long as the losses are less than the rebates, you are still making a profit. $BTC $ETH