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I just discovered that Binance's TradFi contracts offer free pending orders and a 0.02250% take-order fee. This would probably be great for grid trading (grid strategies rely on pending orders, and fees are a significant part of the transaction). Such a strategy is well-suited for the long-term, slow-moving bull market in US stocks. Now, gold, silver, and many US stocks can be traded on it. The 24-hour trading volume of gold and silver is not low, exceeding 1 billion. There are relatively few stocks, with Tesla's 24-hour trading volume at 8.37 million. With such high-quality assets available, there will be far fewer contracts and funds for altcoin trading. Altcoins will face competition from US stocks, which will give them almost no advantage. However, US stock contracts differ from holding spot assets because of funding fees, which incur costs. While stock funding fees are lower than those for BTC and ETH (less than 10%), and contracts also eliminate the benefit of dividends, they address the pain points of both the crypto and US stock markets. The crypto lacks quality assets, while the US stock market does. Conversely, while the US stock market offers quality assets, it's not a lucrative investment; US stock contracts solve this problem.

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