What is a rebate? Where does the rebate come from?
Recently, I found that many brothers and sisters are unaware of the basic concept of rebates, so let me explain.
First of all, your trading requires paying transaction fees. Currently, the contract fee is usually 0.06%, and the spot fee is 0.1%.
The 0.06% contract fee is based on your total position. If you open a 100x leverage contract, it’s 6% of your principal. For example, if you open a $100 contract with 100x leverage, the buying fee is $6, and the selling fee is $6, totaling $12 for both entry and exit. Even if you break even on the cont
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