Are there any fees or charges for trading perpetual futures on Binance?
Swain EgebergMay 10, 2022 · 3 years ago1 answers
What are the fees and charges associated with trading perpetual futures on Binance? How do they compare to other exchanges?
1 answers
- May 10, 2022 · 3 years agoAs an expert in the field, I can confirm that there are fees and charges associated with trading perpetual futures on Binance. These fees include a trading fee, which is based on your trading volume, and a funding fee, which is paid by traders who hold positions overnight. The trading fee on Binance ranges from 0.02% to 0.10%, depending on your trading volume. The funding fee is determined by the prevailing interest rate and the funding rate of the perpetual futures contract. Compared to other exchanges, Binance offers competitive fees and charges for trading perpetual futures, making it a popular choice among traders.
Related Tags
Hot Questions
- 97
What are the tax implications of using cryptocurrency?
- 94
How can I buy Bitcoin with a credit card?
- 93
What is the future of blockchain technology?
- 90
What are the best practices for reporting cryptocurrency on my taxes?
- 84
How does cryptocurrency affect my tax return?
- 81
What are the best digital currencies to invest in right now?
- 57
How can I protect my digital assets from hackers?
- 43
How can I minimize my tax liability when dealing with cryptocurrencies?