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  • Transaction rebate
    • Grid Strategy Description
    • Transaction Rebate Explanation
    • Binance Account Fast API Authorization Guide
    • Binance Account API Integration Guide
    • OKX Account Fast API Authorization Guide
    • OKX Account API Integration Guide
    • Are there commission rebates for Binance accounts?
    • OKX account cancellation Fast Api authorization tutorial
    • Binane account deletion API authorization tutorial
    • Binance account programmatic trading rebate access tutorial
    • OKX account programmatic trading rebate access tutorial
    • Description of transaction cashback level rules
    • Rebate ratio calculation instructions
    • Withdrawal time
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  1. Transaction rebate

Rebate ratio calculation instructions

1. Non-Rebate Account Integration

For accounts without rebates, if the cashback rate is 25%, the example is as follows:

  • Trading amount: $1,000,000

  • Fee rate: 0.05%

Calculation steps:

  • Calculate the fees generated: $1,000,000 * 0.05% = $500

  • Calculate the cashback amount: $500 * 25% = $125

2. Rebate Account Integration

For accounts with rebates, if the cashback rate is 5%, the example is as follows:

  • Trading amount: $1,000,000

  • Fee rate: 0.05%

  • Account's own rebate: Assume it is X%

Calculation steps:

  • Calculate the fees generated: $1,000,000 * 0.05% = $500

  • Calculate the account's own rebate: $500 * X% = Y

  • Calculate the remaining fees after the rebate: $500 - Y = remaining fees

  • Calculate the cashback amount on BitFrog: remaining fees * 5%

Note: BitFrog demonstrates the calculation method for cashback amounts through examples. However, the actual cashback amount is determined based on your specific trading activities on the exchange (e.g., OKX, Binance). Each user may have different trading volumes, fee rates, and other factors, so the final cashback amount will be calculated based on your individual trading data.

Therefore, BitFrog recommends that you refer to the calculation methods we provide and verify them against the detailed trading history orders in your exchange account to ensure the accuracy of the calculations.

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Last updated 6 months ago

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