How does rebate trading work in the context of digital currencies?

1 answers

• Chesty07Nov 20, 2022 · 3 years ago
  Rebate trading is a strategy that allows traders to receive a portion of their trading fees back as a rebate. In the context of digital currencies, this means that when you execute a trade, you not only pay the trading fee but also receive a percentage of that fee back. The rebate is typically credited to your trading account and can be used for future trades or withdrawn as cash. Rebate trading can be beneficial for traders as it helps reduce their overall trading costs and increase profitability. By receiving rebates, traders can effectively lower their transaction costs and potentially generate additional income. However, it's important to note that not all exchanges offer rebate trading and the terms and conditions may vary. It's recommended to check with your exchange to see if they offer rebate trading and what the specific requirements are.
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