Not long ago, a fan friend reached out to me. After opening the fee rebate, today he received the rebate and was surprised to find that the fee rebate for a week amounted to over 700 U, directly credited to his account. It's that straightforward and efficient; even if you just place one order, you'll get a rebate.
A user with high leverage engaged in 125x trading, and after closing the position, the profit was 4%. But upon checking, the asset still showed a loss of 8.5%?
Looking at it, all the losses were due to fees. Why is that? How can one earn more?
According to the platform's fee calculation formula, "Position Value × Fee Rate = Fee," we can derive some information. If you trade with 100x leverage and engage in pure limit orders, your position must profit at least 4% or more to have any gains. Similarly, for pure market orders, your position must profit at least 10% to make a profit.
The fee issue is unavoidable for contract users. We must understand its calculation method to earn with a clear mind; trading should never rely on luck.
So how can one earn more?
(For users who trade long-term, the fee expenses have probably exceeded the principal, right?)
At this point, the advantages of fee rebates become apparent. Through rebates, you can recover a portion of the fees, effectively saving money.
More importantly, fee rebates apply not only to spot trading but also to contract trading. This means that regardless of whether you are a spot trading expert or a contract trading pro, you can enjoy more trading returns through rebates.
So be sure to open the rebate; you must reclaim the fees that are rightfully yours. If you don’t, all the fees will go to the market.
By opening the rebate, the fees returned to your own account can save you several hundred in fees each week, and it's quite effortless.