Long-term trading fees will slowly eat away at your principal.
How scary are fees? Let me calculate it for you. Fee = principal * leverage (for example, 10x) * trading fee rate (for contracts, e.g. 0.035%) * 2 (one for opening a position and one for closing it). That means one position basically costs 0.07% of your principal, almost 1%.
How can you save on fees? Placing limit orders is a bit cheaper than taking orders, and BnB also offers discounts, but the most important thing is to bind an invitation code to get a fee rebate. Right now, Binance allows users who have never bound an invitation code to retroactively bind one.
My invitation code is WIN98. More than 10,000 traders are using it. Spot and futures fees get 20% cashback, automatically and in real time. Wallet invitation codes are also supported, with 30% fee rebate.
For the retroactive binding tutorial, refer to 补绑邀请码教程
If you are an active trader with large trading volume, be sure to choose a stable and reliable rebate service like mine. Feel free to contact me; the service is definitely top-tier in the industry.
#手续费 #返佣 #Binance rebate
How scary are fees? Let me calculate it for you. Fee = principal * leverage (for example, 10x) * trading fee rate (for contracts, e.g. 0.035%) * 2 (one for opening a position and one for closing it). That means one position basically costs 0.07% of your principal, almost 1%.
How can you save on fees? Placing limit orders is a bit cheaper than taking orders, and BnB also offers discounts, but the most important thing is to bind an invitation code to get a fee rebate. Right now, Binance allows users who have never bound an invitation code to retroactively bind one.
My invitation code is WIN98. More than 10,000 traders are using it. Spot and futures fees get 20% cashback, automatically and in real time. Wallet invitation codes are also supported, with 30% fee rebate.
For the retroactive binding tutorial, refer to 补绑邀请码教程
If you are an active trader with large trading volume, be sure to choose a stable and reliable rebate service like mine. Feel free to contact me; the service is definitely top-tier in the industry.
#手续费 #返佣 #Binance rebate
