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A comment on I watched a friend of mine pump a shitcoin on Binance by buying billboards. Parent comment

Re:I watched a friend of mine pump a shitcoin on Binance by ... by cersa8 on Tuesday July 12, 2022 @12:51PM (#32072643)
The fee is a percentage of the contract size, so higher leverage allows for bigger orders is higher fees.
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Re:I watched a friend of mine pump a shitcoin on Binance by ... by sdfhdhjdw3 on Tuesday July 12, 2022 @12:58PM (#32072748)
The contract size doesn't change with leverage.

Do you mean a percentage of the notional value?

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Re:I watched a friend of mine pump a shitcoin on Binance by ... by cersa8 on Tuesday July 12, 2022 @04:48PM (#32075480)
Sorry, you are correct, the fee is a percentage of the notional value.
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