🐋 Beyond reading the charts, you should also understand this basic concept: contract trading fees
Market orders are always charged taker fees; limit orders are also charged taker fees if they immediately match existing orders when placed.
Fees are calculated based on notional value. The higher your leverage, the larger the fees for opening and closing a position as a proportion of your margin: at 0.05% for both opening and closing, the total comes to about 1% of your margin at 10× leverage.
Related coin: $BTC Current price: 82592.16, 24h +1.02%.
After taking a loss, don't rush to double your order to make it back—that often leads to even bigger losses.
Data is from public sources; please verify it yourself.
Market orders are always charged taker fees; limit orders are also charged taker fees if they immediately match existing orders when placed.
Fees are calculated based on notional value. The higher your leverage, the larger the fees for opening and closing a position as a proportion of your margin: at 0.05% for both opening and closing, the total comes to about 1% of your margin at 10× leverage.
Related coin: $BTC Current price: 82592.16, 24h +1.02%.
After taking a loss, don't rush to double your order to make it back—that often leads to even bigger losses.
Data is from public sources; please verify it yourself.