Binance Exchange Fee Discount Tips

Those who have used stocks and virtual currencies as a means of financial technology for a long time are suffering from the recent recession caused by severe volatility. 바이낸스 거래소 코인, Bitcoin, a major shareholder, is said to have a poor account status due to its high loss rate, with its loss rate exceeding the $19,000 mark due to a series of unfavorable factors.​

However, there are many favorable factors compared to the beginning of this year, so many people think this is an opportunity. In the case of these people, they are focusing on futures trading by choosing a bitcoin exchange. In this session, I will introduce you in detail how to trade futures on the Binance Exchange and the code that allows you to get a 20% discount on fees.​

Due to the influence of the media, there are often negative perceptions of futures trading. However, gifts can be a good option in a market where things are not as good as they are now.

Futures transactions, a financial product that uses short or long option leverage to invest in in anticipation of how certain assets or stock prices will change, are bought and sold based on the future, so unlike the spot market, where assets must rise, they can realize profits even if they fall.

As a result of the ongoing recession, investors will be desperate to recover their losses. However, domestic cryptocurrency exchanges say they cannot start gifts that are characterized by high risks and high profits due to severe volatility. This may make you feel that the entry barrier to the gift is high.

Such transactions are designated as stock price index and raw material cryptocurrency. Today, I’m going to tell you in detail how to make futures transactions on the Binance Exchange, which is at the top of the Bitcoin Exchange.

Binance Exchange is a cryptocurrency exchange used by people all over the world and supports short selling functions to realize profits even if prices fall, and many people are interested in it because it has good service, security, and low fees. On top of that, the leverage ratio is very high up to 125 times.

This can make a lot of money with less seed money. Futures traders are enjoying this leverage function. However, it is a rather risky investment method for beginners, so if you are new to it, I recommend a low-magnification investment.

If you set it at a high magnification, it could be economically difficult. Therefore, it is desirable to set it at a low magnification to use the leverage function and gradually increase the magnification after fully learning the investment sense.

And the price difference between buying and selling is small. In other exchanges, buying and selling prices are large, while in Bainan, they are very detailedAs a result, it has the advantage of being able to trade smoothly.

Next, I will tell you how to trade futures on the Binance Exchange. Since it is not a Korean exchange, it is impossible to deposit Korean money. That’s why you need to have USDT in your wallet, which acts as a deposit. You need to be able to move this deposit box from the spot box to the gift wallet.

In Wallet, click the fight and spot menu, then in Wallet Balance, click the transfer menu to move it to the gift wallet, and then you can see it moved right away. If you used to be a stockholder, there may be many people who find it difficult to see the gift order book screen.

So you have to be able to check the cross-funding fee and the isolation leverage ratio, where the funding fee means the fee that those who choose the long position have to pay to those who choose the short position. This happens when you keep going up, and if you keep going down, you have to pay the opposite fee.

Funding costs are not fluctuating much, so you don’t have to pay much attention. Recognize this and start selling.

For those who are new to the Bitcoin exchange, isolation mode may be required. It is in quarantine mode to set only the deposit set by an individual so that it can be cleared. Conversely, in the case of a cross, all of the assets in the futures wallet are used as deposits, so if you set the leverage high, you can have a terrible situation where all of the assets are liquidated.

If you are new to it, I recommend you to put it in isolation mode rather than gap mode. If that’s not the case, you can just put in the amount that can be cleared and choose the crossing.

There are designated price and market price as the type of order. The designated price is 0.02%, which may take a long time to conclude the purchase, but it has the advantage of low fees. In the case of the market price, it is 0.04%, which is characterized by a slightly higher commission, although it is concluded quickly as it is purchased directly at the current market price. If you want to get an additional discount, you can enter a promotion or invitation code when signing up for Binance.

The commission is very cheap, so some people might wonder if they need to get an additional discount. However, due to the nature of futures trading, few people make long-term investments.

As a result, it would be wise to sign up and start with a code that allows discounts on Binance membership because fees continue to occur if leverage functions or transactions are frequently made.

However, if you pay too much attention to this part, you can choose an unsafe exchange, so I think it would be better to carefully check if it is a place with a lot of trading volume and then choose it.

This time, I introduced the gift in detail. It’s a remarkable option because you can earn a lot of money at a small price, but if you start without knowing any relevant information, you can lose money. Therefore, I think it would be better to proceed with a mock investment concept with a small amount of money and learn the investment sense.

Keep in mind that virtual currency itself is highly volatile and I hope you will make a successful effort.

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