The handling fee is the most intuitive and direct way to save money. It doesn’t make sense just by talking about it, but it will become clear after doing the math:
Let me take 1000U as an example: Binance's contract order handling fee rate is 0.05%. If the principal of 1000u is opened 100 times, the handling fee for one transaction is 1000*100*0.05%=50U, which means that 100U is gone when opening and closing a position.
Anyone who has done contracts knows that it is normal to open and close positions several times a day. Let’s assume that we open and close positions three times a day. In a month, the transaction fees alone will be nearly 10,000 U.
If you trade long-term contracts and open a position of 1,000 U each time, the handling fee alone will be 108,000 U in a year, which is equivalent to about 800,000 RMB.
You are also welcome to recommend it to your friends, especially those who often trade contracts. It is very necessary. For you who trade with high frequency and large positions, you can save a luxury car in a year! !
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