Every time you open a trade, the exchange takes a fee you never see.
It pays a commission on that fee to whoever sent you. Usually a KOL. Never you.
FeeDrip gives you most of it back - up to 55%, paid daily in USDT.
50 seconds on how it works ↓
#TradingFees#trading
Rates run from 55% down to 15%, set by the exchanges and able to change. Paid in USDT, daily on most exchanges, weekly on Bybit. No API keys, no access to your funds or your passwords.
That is the whole gate. There is not a second one further in.
Rates run down to 15% and are set by each exchange. Paid in USDT, daily on most exchanges, weekly on Bybit. Your UID only, no API keys.
Trading derivatives carries a risk of loss.
Every round trip is two fills, and you only time one of them.
$3,250 of margin at 8x is a $26,000 position.
In, limit, at 0.02%: $26,000 x 0.02% = $5.20
Out, market, at 0.055%: $26,000 x 0.055% = $14.30
One round trip: $19.50
The rebate does not distinguish either. It is worked out on the fills, not on who triggered them. At 55%, the highest rate we publish, $4,212.00 returns $2,316.60 in USDT and the same year of trading costs $1,895.40.
An existing account can only be linked if it is not already tied to another referral, and that is the exchange's call rather than ours.
No API keys. No access to funds or passwords. Paid in USDT, daily on most exchanges, weekly on Bybit.