#合约事件 It's really hard to judge from watching the live broadcast until now... Almost cleared out, it's all about creating drama in the last few seconds, scared me to death.
What is the fee rebate?
Every transaction (spot/contract) you make on Binance will incur a fee.
Why is it necessary to open a fee rebate? Many people don't even know where they are losing! Everyone always thinks the fee is calculated based on the principal, so they feel that whether to open a rebate for a few hundred u or a few thousand u doesn't matter. But the real fee is never calculated based on your principal, but rather based on your 'leverage-adjusted position'! Let's take the simplest example: You have 1000u, with 100 times leverage, your position is 100,000u. Attention! The fee is not calculated based on 1000u, but based on 100,000u! Moreover, opening a position once and closing it once means the fee is calculated at least twice.