How do fees work for perpetual futures trading on Binance?

3 answers

• Lomholt RahbekJul 04, 2024 · a year ago
  Sure! When it comes to perpetual futures trading on Binance, fees are calculated based on your trading volume and whether you are a maker or a taker. Makers are traders who provide liquidity to the market by placing limit orders that are not immediately matched with existing orders. Takers, on the other hand, are traders who place market orders that are immediately matched with existing orders. The fee structure for perpetual futures trading on Binance is tiered, which means that the more you trade, the lower your fees will be. The fee tiers are based on your 30-day trading volume and range from 0.02% for makers and 0.04% for takers at the lowest tier, to 0.01% for makers and 0.03% for takers at the highest tier. It's important to note that Binance also offers a fee discount if you hold BNB, the native cryptocurrency of the Binance platform, in your account. By using BNB to pay for fees, you can enjoy an additional discount on your trading costs. I hope this explanation helps! If you have any more questions, feel free to ask.
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• felipev1516Apr 30, 2021 · 4 years ago
  Fees for perpetual futures trading on Binance are calculated based on your trading volume and whether you are a maker or a taker. Makers, who provide liquidity to the market, are charged lower fees compared to takers, who remove liquidity from the market. The fee structure is tiered, meaning that the more you trade, the lower your fees will be. Binance also offers a fee discount if you use BNB to pay for fees. The fee discount is applied based on your BNB balance in your account. It's important to review Binance's fee schedule for the most up-to-date information on fees.
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• Anh Minh TranMar 27, 2023 · 2 years ago
  When it comes to perpetual futures trading on Binance, fees are an important factor to consider. Binance charges fees for both makers and takers, with makers generally enjoying lower fees compared to takers. The fee structure is tiered, meaning that the more you trade, the lower your fees will be. Additionally, if you hold BNB in your Binance account, you can use it to pay for fees and enjoy a discount. It's worth noting that fees can vary depending on the trading pair and market conditions, so it's always a good idea to check Binance's fee schedule for the most accurate information.
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