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💰Why insist on getting fee rebates? Many people don’t even know where they are losing! Everyone thinks that fees are calculated based on the principal, so they feel that whether it’s a few hundred U or a few thousand U, it doesn’t matter if they get rebates.
💰But the reality is that fees are not calculated based on the principal; they are calculated based on your 'post-leverage position'! Here’s a simple example: if you have 1000U and use 100x leverage, your position is 100,000U. Note! The fees are not calculated based on 1000U but based on 100,000U! Moreover, opening a position and closing a position means that the fees are calculated at least twice.