What is the rebate on transaction fees?
Imagine this: every time you make a trade at the exchange, you have to pay a "toll fee," which is the transaction fee. The rebate, on the other hand, is the exchange's way of saying thank you for being so active (and so involved), and they decide to give you a little red envelope from this "toll fee!"
This is not about whether you're making a profit or a loss; as long as you trade, you get a share! In simple terms, it's a long-term discount voucher from the exchange that helps you reduce your trading costs. Don't underestimate this small change; little by little, it could be what keeps you in the market a bit longer, like a "lifeline."
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🧮 Transaction Fees: The Silent "Gold Devourer"
Why should you care about these transaction fees? Let's do some interesting math and see how big this "gold devourer" is!
Assuming you are a bold trader with a capital of 10000U. Every time you make a move, you go in with a 20x leverage.
• Your position value becomes: 10000U × 20 = 200000U.
• Assuming the platform's transaction fee rate is 0.07%, then for this trade, regardless of profit or loss, you first deduct: 200000U × 0.07% = 14U!
Here comes the exciting part:
• If you make 3 trades a day: 140U/trade × 3 = 420U just flew away.
• In a month (assuming 30 days): 420U/day × 30 = 12600U!
Wow, the transaction fees for a month have already exceeded your capital! Do you still think transaction fees are just a small drizzle? It's like a "breathing tax" that's always being calculated while you trade!
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😎 Rebate: Your Exclusive "Healing" Add-on
At this point, the rebate, this "money-saving add-on," becomes incredibly lovable! Assuming your rebate rate is 40%:
• Still using the previous 140U transaction fee, the platform will return to you: 140U × 40% = 56U.
• The actual transaction fee you pay becomes: 140U - 56U = 84U.
What does this mean?
• When you are at a loss, the rebate is a precious "healing pack," allowing you to lose a bit slower and giving you a chance to wait for dawn.
• When you are in profit, the rebate is an extra "bonus," making the fruits of victory even sweeter!
Everyone is welcome to fill in my invitation code: 20SHOUXUFEI. Spot trading gives everyone a 20% rebate, and contract trading also gives everyone a 20% rebate (I can even set it to 30% in the backend), and once adjusted, the rebate ratio will be permanent.
