What are the channel fees for trading on Binance?

3 answers

• Alec SaundersJan 20, 2022 · 3 years ago
  Sure! Binance charges a flat fee of 0.1% for both makers and takers. This means that whether you are placing a buy or sell order, you will be charged 0.1% of the total transaction value. The fees remain the same regardless of the trading volume. So, whether you are trading $100 or $1,000,000, the fee will still be 0.1%.
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• Shivaling NeralagiNov 16, 2022 · 3 years ago
  The channel fees on Binance are quite straightforward. They charge a fixed fee of 0.1% for each trade, regardless of the trading volume. This fee applies to both makers and takers. So, whether you are placing a market order or a limit order, the fee will remain the same.
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• Taylor JohnsonFeb 10, 2024 · a year ago
  When it comes to channel fees for trading on Binance, they have a flat fee structure. Both makers and takers are charged a fee of 0.1% for each trade. It's important to note that this fee is not based on the trading volume. Whether you are trading $100 or $1,000,000, the fee will remain the same. Binance is known for its transparent fee structure, which makes it easier for traders to calculate their costs.
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