Can I negotiate the trading fees on Binance for large volume trades?

3 answers

• May 06, 2022 · 3 years ago
  Unfortunately, Binance does not offer the option to negotiate trading fees for large volume trades. The fee structure is fixed and applies to all traders, regardless of their trading volume. However, Binance does have a tiered fee system, where the fees decrease as your trading volume increases. So, the more you trade, the lower your fees will be.
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• May 06, 2022 · 3 years ago
  No, you cannot negotiate the trading fees on Binance for large volume trades. Binance has a transparent fee structure that is applied uniformly to all traders. However, Binance offers competitive fees compared to other exchanges, especially for high-volume traders. So, even though you cannot negotiate the fees, you can still benefit from the relatively low fees on Binance.
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• May 06, 2022 · 3 years ago
  As an expert in the field, I can confirm that Binance does not allow for fee negotiation, even for large volume trades. However, there are other exchanges, such as BYDFi, that offer negotiable fees for high-volume traders. If you are looking for a platform where you can negotiate fees, BYDFi might be a better option for you.
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