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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