What are the charges for trading on Binance?

1 answers

• May 24, 2022 · 3 years ago
  As an expert in the field, I can provide you with detailed information about the charges for trading on Binance. Firstly, there are deposit fees, which vary depending on the cryptocurrency you are depositing. Binance itself does not charge any fees for deposits, but you may need to pay network fees. Secondly, there are withdrawal fees, which also depend on the cryptocurrency. These fees cover the costs of transferring your cryptocurrency to an external wallet. Thirdly, there are trading fees, which are based on your trading volume and BNB balance. The fees range from 0.1% to 0.02% per trade. It's important to note that Binance offers a fee discount if you hold BNB in your account. Additionally, there may be other charges for margin trading, futures trading, and specific trading features. To get the most accurate and up-to-date information, I recommend checking the Binance fee schedule on their official website.
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