When the leverage multiple of the position is large, how much can the handling fee account for the principal? According to the formula and values in the figure below, please perform a calculation. Suppose this user trades at market price, opening and closing a position. Handling fee expenditure = 47063.44 × 0.05% × 2 = 47.063U. Because this user has high leverage, the handling fee accounts for 12.5% of the principal. In the figure below, the user's profit quickly approaches 1000%. Please do not be envious; you can see that the opening price and liquidation price differ by only 24U. This is the risk they have taken on.
From this, it can be seen that with higher leverage, the value of the position becomes larger, and the proportion of handling fee expenditure to the principal becomes higher.
As long as there is trading, there will be handling fees. The handling fees for short-term high-frequency contracts can be significant, but fortunately, they can be reduced or waived. 1. Rebate: When registering an account, fill in the invitation code to enjoy a reduction and return of handling fees, which is based on the actual handling fees incurred by the user, returned proportionally. (Handling fee) 2. BNB Deduction: Transfer enough BNB to the corresponding account to pay for the handling fees to enjoy a 10% discount on contract handling fees and a 25% discount on spot handling fees. (Handling fee rate) 3. VIP Level: Upgrading the platform's VIP level can progressively reduce the handling fee rate. (Handling fee rate) #手续费 #手续费返佣
The rebate on transaction fees has the following benefits: 1. Reduces trading costs, indirectly lowering the issue of slippage. 2. Passive additional income; you trade normally, and the fee rebate is an extra income. 3. Hope for a turnaround in a bear market.
So why are there still many people who do not open rebates, or even say they do not believe in them? 1. Some people register without understanding the community and directly register without filling in the invitation code. The platform considers this optional and will not actively mention it. Later, when they want to fill it in but do not know how to operate it, I need to provide assistance and clearly explain the process so they feel secure.
2. Another group has been deceived; they filled in the invitation code but did not receive a rebate, or the proportion of the rebate from their superior does not match what was initially stated. (These are all tactics used by scammers.) Because different invitation codes correspond to different superiors, the rebate proportions, methods, and timing vary. Contracts and spot trading are also separate.
3. The last group thinks their trading volume is small and not worth it. In fact, this is not the case; transaction fees accumulate over time and are a significant expense that should not be ignored. "Don't worry about the hassle"; once you look at the operation, it can be done quickly in five minutes.
Spot transaction fee rate is 0.1% for a single transaction, and buying and selling is a complete transaction. However, using BNB to offset the fee gives a 25% discount on the single transaction fee rate.
路晓晓
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Everyone help me take a look, the Dogecoin I bought, spot. Is this trading fee one thousandth? So high?!? #手续费
#BTC good news. A man from the UK has given up on recovering a hard drive containing 8000 BTC from a landfill, currently valued at approximately 920 million dollars.
James Howells, an IT engineer from Newport, UK, has ended a 12-year search without being able to recover the hard drive he believes is buried in a municipal landfill in South Wales, containing 8000 bitcoins (currently valued at approximately 920 million dollars).
Is quantum computing a threat to the Bitcoin network? Answer: Yes. Will it break the Bitcoin network? Answer: No.
Let's briefly explain quantum computers and classical computers. Classical computers are the ones we commonly use, while quantum computers are different. The smallest unit of computation for both is a bit, which can have two values: 0 and 1. In classical computers, a bit can only represent either 0 or 1 at any given time; it can only exist in one state. However, in quantum computers, a bit can simultaneously represent both 0 and 1 at the same time; this phenomenon is called quantum superposition.
Back to the point, why won't quantum computing break the Bitcoin network? First, it’s not just Bitcoin that uses encryption algorithms; the entire world actually operates on encryption algorithms. For instance, military assets, energy facilities, and financial institutions. These sensitive assets are all managed with encryption algorithms. If the Bitcoin network cannot withstand quantum attacks and is compromised, it would imply that these sensitive assets also cannot be spared. This would not only be the end of Bitcoin but also the end of the world.
Second, the Bitcoin network actually runs on a set of open-source software. This software can be upgraded; it is alive, and Bitcoin has been exposed to the real environment from the very beginning. It has endured very harsh conditions and has been subjected to various research and attacks. Because it is open-source software, all its code is available for the world to see, analyze, and search for vulnerabilities in its code or protocols. As long as vulnerabilities are found, it can be compromised. However, since the Bitcoin network started running in 2009, it has never been broken in over a decade; instead, it has become increasingly robust. Because it is completely transparent and relies on protocol-level security, if it cannot be spared, then no sensitive asset in the world can be spared.
Third, the Bitcoin community boasts the strongest technical team in the world. Because BTC is open-source, anyone with the ability and willingness can contribute code to it. The Bitcoin software can still be upgraded. It will not just sit idly by waiting to be compromised. #BTC
For contract users, how can the handling fees lead to the loss of a house over the years?
Before we calculate this, we first need to understand the formula for calculating platform handling fees.
Leverage × Opening Margin = Position Value Position Value × Handling Fee Rate = Handling Fees
From these two formulas, we can see that: First, high leverage will increase your position value, which in turn will raise the handling fees. Second, there is the issue of handling fee rates; the handling fee rate for ordinary users is 0.02% for limit orders and 0.05% for market orders, with market order fees being 60% higher than limit order fees. Finally, the platform has always had related plans for handling fee reductions that you may not be aware of, but don’t worry, I will explain this to you in detail below.
For example: If your position is to open a large contract, calculated at 90,000, the handling fee for an ordinary user for one order is generally: 90,000 × 0.02% × 2 = 36U ——— 90,000 × 0.05% × 2 = 90U.
This is just for one order; if there are two orders a day, then the monthly handling fees would be: 36 × 2 × 30 = 2160U ——— 90 × 2 × 30 = 5400U.
Over the course of a year, the handling fees would be: 2160 × 12 = 25920U ——— 5400 × 12 = 64800U.
For ordinary high-value contract users, spending a few hundred U in handling fees daily is common, and accumulating losses equivalent to a house is very normal. Since this has been discovered, how can we reduce the handling fee expenses?
Commission rebate: A commission rebate returns a portion of the actual handling fees incurred by users, which can only be enjoyed when new users register and fill in an invitation code. The rebate ratio, timing, and method vary depending on different invitation codes.
In perpetual contracts, in addition to trading fees, there is a funding rate, but the funding rate is not a fixed value; it is determined by the difference in the market long-short ratio.
The main purpose of the funding rate is to balance the market long-short ratio. Funding rate calculation: Position value × Funding rate
When the funding rate is positive, long positions are deducted the funding rate based on position value, while short positions receive the funding rate based on position value. Conversely, when the funding rate is negative, long positions receive money, and short positions are deducted money.
The funding rate is settled three times a day at 00:00, 08:00, and 16:00 (only at the settlement points will positions incur or be deducted). Note: For some smaller cryptocurrencies, the funding fee is calculated hourly.
BNB has finally reached 800 USD, and has also achieved a historical high. #BNB创新高 Having previously stored BNB, using BNB for fee deductions in the future will also save more money.
Through rebates, you can get back a portion of the fees, which is equivalent to saving money. More importantly, fee rebates apply not only to spot trading but also to contract trading. This means that regardless of whether you are a spot trading expert or a contract trading pro, you can enjoy more trading returns through rebates.
So make sure to open rebates; you should get back the fees that are rightfully yours, otherwise, all the fees go to the market. Once you have opened rebates, the fees will be returned to your own account, saving you at least several hundred in fees each month, and it's quite effortless.
This is really good, even previous customers can enjoy it.
Binance Announcement
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Major Update of Binance Rebate Model: Commission up to 50% Ongoing Earnings
This is a general announcement, and the products and services mentioned here may not be applicable in your region. Dear users: The Binance referral and alliance plan will undergo significant updates aimed at helping users maximize commission earnings. All eligible users can enjoy a maximum of 50% commission rate for spot and contract trading, with no time limits or commission caps. Major updates: The commission structure based on performance assessment provides equal opportunities for all eligible users. The commission assessment and rate adjustments will be automatically applied to all eligible users by default, and users do not need to apply manually.
Why are transaction fees high? Transaction fee calculation formula: Position value × Fee rate = Transaction fee
1. Position value is high. Position value = Amount of cryptocurrency held × Opening price = Opening margin × Leverage. As position value ↑ increases, transaction fees will also rise.
2. Fee rate
Regular users: Market orders (0.05%) pay a higher rate than limit orders (0.02%). As fee rate ↑ increases, transaction fees will also rise.
Market orders take away liquidity and reduce trading depth. Exchanges generally encourage limit orders. Therefore, when opening positions in the future, using limit orders will save more on fees.
3. Fee rebates
Why can some people enjoy this? The reason is that they not only use limit orders but can also enjoy rebates on their transaction fees for every opening and closing trade, with each fee being returned to your account through various means.
The logic is: To promote the market, exchanges will give back part of the user transaction fees to attract more users. However, exchanges cannot personally participate, so they cooperate with KOLs. Only users who register through KOL links or fill in their referral codes during registration can enjoy this.
High transaction fees mean you do not understand the platform's fee rate rules. Otherwise, you have many ways to reduce transaction fee expenses.
Open the Binance app - Funds - Contracts - Today's Profit and Loss - Funding Fees and Trading Fees. You can see your transaction fees for the past year.
🔥 Is the cryptocurrency commission rebate real? A guide tested by veterans ↓
1️⃣ Perpetual Contracts: Long and short positions + leverage, high risk of liquidation ⚠️ Caution for beginners!
2️⃣ Sky-high fees: ▫️ Single-sided fee rate 0.02%-0.05% (Binance contracts) ▫️ Example: Opening 50x leverage with 1000U → Position 50,000U ▫️ Opening and closing fees ≈ 20-50U ❗️ ▫️ 90 trades per month → Fees could burn 1800-4500U!
3️⃣ Commission rebates really exist ✅ but there are many traps: ⭕️ Must grab triple benefits: ➊ Fill in the invitation code → Enjoy commission rebates (rate must be confirmed in advance) ➋ Direct deduction of fees with BNB ➌ VIP users reduce fee rates → All three can be stacked!
⚠️ Blood and tears warning: ❗️ Registration links often “sneak in” others' invitation codes → Your commission is intercepted! ❗️ Before registering, grind out the details: commission rate / arrival time / distribution method ❗️ Verify the bill immediately after trading, and tear it up if it doesn’t match!
Contract Blood and Tears Truth # Why do you feel like you've made money for a few days, but your account doesn't show growth? 💰→💸 The truth is only one: Huge fees + funding fees are secretly draining your blood!
Don't believe it? Open the Binance APP for self-check: Funds → Contract → Today's Realized Profit and Loss → Funding Fees and Trading Fees → Trading Fees 👉 Check how much you have "offered" to the exchange in a year!
🧮 Horrifying Fee Calculator (based on standard rates): Limit Order: Opening + Closing = 0.02% + 0.02% = 0.04% Market Order: Opening + Closing = 0.05% + 0.05% = 0.10% 💣 Under high leverage, fees can eat up most of your profits! Example: 1000U principal, using 100x leverage to trade BTC (position value 100,000U) Pure Limit Order (one buy and one sell): 100,000U * 0.04% = 40U fee ➡️ Profit needs to be >4% to be considered real profit! Pure Market Order (one buy and one sell): 100,000U * 0.10% = 100U fee ➡️ Profit needs to be >10% to be considered real profit!
😱 Key Conclusion: Market orders are "fee assassins": The rate is 2.5 times that of limit orders! Used to market orders? Your fee expenses are absolutely explosive! High leverage amplifies fee pain: The higher the leverage, the larger the proportion of fees to the principal, and the higher the profit threshold!
🆘 Lifesaver: Rebates! Fees are a rigid expense, but rebates can allow you to recover a portion! Not opening rebates = 100% of fees given for free to the exchange! The rebate gap = real money! Even if there's only a 5% difference in rebate rate: Big capital high-frequency players? A difference of a few thousand U is easy!