What is rebate? Where does the rebate come from?
Recently I noticed many brothers don't even know the basics of rebate, so let me give you a quick introduction.
First, trading requires paying transaction fees. Currently, the futures fee is usually 0.06%, and the spot fee is 0.1%.
For futures, the 0.06% fee is calculated based on your total position size. If you trade with 100x leverage, it becomes 6% of your principal. For example, if you open a 100x contract with 100U, the buy fee is 6U and the sell fee is 6U, totaling 12U for one round trip. Even if you break even when closing, you still have to pay 12U in fees.
With a dedicated referral code, your fee per trade drops to just 9.6U, saving you 2.4U.
Don't think 2.4U is insignificant. For a typical trader, trading 1000U over three months, your total fees could exceed your principal amount.
Our ultimate goal in trading is to improve our return rate and increase our win rate. Adding a rebate is the most basic step. For many, most of their money is eaten up by fees—sometimes you lose more in fees than you gain from profits.
Brothers who haven't activated rebates yet, hurry up and set one up now: $ETH
Recently I noticed many brothers don't even know the basics of rebate, so let me give you a quick introduction.
First, trading requires paying transaction fees. Currently, the futures fee is usually 0.06%, and the spot fee is 0.1%.
For futures, the 0.06% fee is calculated based on your total position size. If you trade with 100x leverage, it becomes 6% of your principal. For example, if you open a 100x contract with 100U, the buy fee is 6U and the sell fee is 6U, totaling 12U for one round trip. Even if you break even when closing, you still have to pay 12U in fees.
With a dedicated referral code, your fee per trade drops to just 9.6U, saving you 2.4U.
Don't think 2.4U is insignificant. For a typical trader, trading 1000U over three months, your total fees could exceed your principal amount.
Our ultimate goal in trading is to improve our return rate and increase our win rate. Adding a rebate is the most basic step. For many, most of their money is eaten up by fees—sometimes you lose more in fees than you gain from profits.
Brothers who haven't activated rebates yet, hurry up and set one up now: $ETH
