Today I saw someone say that a high-leverage user did a 125x trade. After closing the position, the profit was 4%. But when they checked, their assets were still down by 8.5%?
They found that all the losses were due to trading fees—so why is that? And how can you make more money?
According to the platform’s trading fee calculation formula—“position value × fee rate = trading fee”—you can infer this: if you use 100x leverage and do pure limit-price trading, then your position must earn at least over 4% just to break even and make money. Likewise, for pure market-price trading, your position profit needs to reach over 10% for you to actually earn.
For futures/contract users, the fee issue is unavoidable. We must understand how fees are calculated so we can be confident and make money. Trading should never rely on luck.
So how can you make more money?
(For users who hold positions long-term, their fee expenses might already exceed their principal, right?)
This is where the advantage of fee rebate becomes clear. With a fee rebate, you can get back part of your trading fees—effectively saving money.
More importantly, fee rebates are not only applicable to spot trading; they also apply to contract trading. This means whether you’re a spot trading expert or a futures/contract enthusiast, you can enjoy more trading returns through fee rebates.
So be sure to enable fee rebates. If fees are supposed to be returned, get them back—otherwise, all of the fees go to the market.
Once you enable fee rebates, the refunded fees go back into your own account. You can save at least several hundred dollars’ worth of fees per month—easy and effortless.
To learn how to enable the fee rebate, see below.
Long-time Binance users can also apply for a rebate.
Specific requirements are as follows:👇👇👇
You have a registered account on Binance
Your account has not bound someone else’s referral/invite code
Your account age must be over 90 days
In the past 90 days, your account has not done any trading or used any products on the Binance platform
Copy the link and open in your browser: https://www.bsmkweb.cc/activity/referral/bind-ref
After logging into your Binance account, a confirmation window will pop up
Click [Bind Now], and binding takes effect
Of course, the easier way is to directly register a brand-new account
https://www.bsmkweb.cc/join?ref=ZO25P9WZ
Copy and open in your browser
They found that all the losses were due to trading fees—so why is that? And how can you make more money?
According to the platform’s trading fee calculation formula—“position value × fee rate = trading fee”—you can infer this: if you use 100x leverage and do pure limit-price trading, then your position must earn at least over 4% just to break even and make money. Likewise, for pure market-price trading, your position profit needs to reach over 10% for you to actually earn.
For futures/contract users, the fee issue is unavoidable. We must understand how fees are calculated so we can be confident and make money. Trading should never rely on luck.
So how can you make more money?
(For users who hold positions long-term, their fee expenses might already exceed their principal, right?)
This is where the advantage of fee rebate becomes clear. With a fee rebate, you can get back part of your trading fees—effectively saving money.
More importantly, fee rebates are not only applicable to spot trading; they also apply to contract trading. This means whether you’re a spot trading expert or a futures/contract enthusiast, you can enjoy more trading returns through fee rebates.
So be sure to enable fee rebates. If fees are supposed to be returned, get them back—otherwise, all of the fees go to the market.
Once you enable fee rebates, the refunded fees go back into your own account. You can save at least several hundred dollars’ worth of fees per month—easy and effortless.
To learn how to enable the fee rebate, see below.
Long-time Binance users can also apply for a rebate.
Specific requirements are as follows:👇👇👇
You have a registered account on Binance
Your account has not bound someone else’s referral/invite code
Your account age must be over 90 days
In the past 90 days, your account has not done any trading or used any products on the Binance platform
Copy the link and open in your browser: https://www.bsmkweb.cc/activity/referral/bind-ref
After logging into your Binance account, a confirmation window will pop up
Click [Bind Now], and binding takes effect
Of course, the easier way is to directly register a brand-new account
https://www.bsmkweb.cc/join?ref=ZO25P9WZ
Copy and open in your browser
