Many novices or veterans in the crypto should have heard of the term "rebate". Is this "rebate" the same as the "rebate" seen in other channels?
The rebate often mentioned in the crypto refers to the commission rebate. Whether it is spot trading or contract trading, buying and selling will incur certain commissions. The commission rebate means that this part of the commission generated by the transaction can be returned according to the corresponding proportion.
Key point: Each exchange has different handling fee rates and charges different fees
Wei'an Spot Fee Rate Standard
Wei'an Contract Fee Rate Standard
Taking the leading platform Wei’an as an example, the spot unilateral handling fee rate is 0.1%
The price of Bitcoin is 65000u, and a transaction fee of 130u is required for buying and selling
It can be seen that the contract fee rate is divided into Maker (order, limit order) and Taker (order, market order)
Different transaction modes have different handling fee rates. The unilateral handling fee rates are 0.02%-0.05% respectively.
Assuming a principal of 1000u and a leverage of 50 times, the position value is 50000u, and the opening and closing of the position together require a handling fee of 20-50u.
This is just the handling fee for one order. If you trade three times a day, that’s 90 times a month. The accumulated handling fee is 1800-4500u .
Many users feel that their trading volume is not large, but trading is a long-term process, and the longer the time, the more expenses, so rebates are particularly important.
Rebates
The rebate for fake orders seen in other channels is a scam. There is no such good thing in the world. You give 20 to others, and they give you 40.
All of the above are scams!!!
Therefore, the rebates in the crypto are completely different from the rebates seen in other channels.
The rebate of crypto exchanges is a user-friendly policy of most exchanges. When users trade, they can reduce transaction expenses through rebates of handling fees. Otherwise, the handling fees will be given to the exchange for nothing. Why don’t we take it back if we can?
How to activate crypto rebate?
You only need to fill in an invitation code at the referral point when registering, and you can get the corresponding proportion of the handling fee.
Due to different exchanges, different handling fee rates, the refund ratio will also be different
Before filling in the form, you must first understand the rebate ratio, rebate time, cycle, etc. of the invitation code.
I hope this article can help you save more money when trading in the crypto.
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