Post
Topic
Board Trading Discussion
Re: Is Trading Costing Us More Than We Think?
by
Faisal2202
on 12/12/2024, 22:57:33 UTC
A while back, I took a hard look at how much I was spending on trading fees. Futures, spot, perpetuals, it didn’t matter. The total hit me like a punch to the gut. For every trade I carefully planned, a chunk of my profit was quietly eaten away. And the more I traded, the worse it got.
-cut-
I’ve heard rumors of platforms offering permanent rebates or incentives tied to certain apps, but I haven’t looked too deeply yet. What about you? Have you come across any tools or events that actually help with fees or rewards? I’d love to hear what’s working
I don't trade in futures or in margin trading but only in spot so fees are not that much in spot yeah if I would add fee from all of the trades they would be a big number but still If I am not wrong they won't be more than even a $1. As in Spot I don't make that much trades. Speaking of futures AFAIK they have to pay the commission fee every for every 8 hours (On Binance) and other exchanges can have their own parameter.

Can you give us an exact number of how much fee collectively they have deducted from you, I think you could only calculate the data of the past 6 months (max) as most of the exchanges don't provide historical data beyond this. Using the native token of the CEX can help reduce the fee like BNB for Binance, and BGB is I think native for Bitgetwallet and Gate has their own token.