#币安合约实盘 The node assessment has started again. Friends who haven't opened the fee rebate can contact Brother Hei.

Fee 20% off invitation code: HGBTC

(A brief explanation of the fee rebate)

Many people are not clear about how trading fees work in contract trading. Today, I will explain it to everyone in detail.

Trading fees are often the most overlooked cost during the trading process. Taking Binance’s trading fees as an example, we can calculate it this way:

Assuming your capital is $1000:

1: Using 10x leverage, your trading amount will be magnified to
$10000. If calculated at a rate of 0.05%, the trading fee for each transaction is $5.
Completing a contract trade, including opening and closing positions, the total fee is $10.

Summary: If using 10x leverage, conducting 5 contract trades daily, the daily fee is: 5 trades * $10 = $50;
The monthly fee is: $50 * 30 days = $1500;
The yearly fee is: $1500 * 12 months = $18000.

2: If using 20x leverage, the trading amount will be magnified to $20000, and the trading fee for each transaction is $10.
Completing a contract trade, the total fee is $20.

Summary: If using 20x leverage, conducting 5 contract trades daily, the daily fee is: 5 trades * $20 = $100;
The monthly fee is: $100 * 30 days = $3000;
The yearly fee is: $3000 * 12 months = $36000.

This is just based on calculations with 10x and 20x leverage. If using higher leverage, such as 100x, the fees will be even more astonishing.

From these calculations, it can be seen that over a year, fees could amount to tens of thousands of dollars. Therefore, the fees saved translate into profits. Even in cases of improper operation leading to liquidation, the refunded fees can provide you with new capital.

Thus, reasonable planning and management of trading costs are crucial for long-term profits.

So this is why I urge everyone to open fee rebates. If your old account did not have a rebate during registration, you can re-register using a family member’s identity information.


Fee 20% off invitation code: HGBTC