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What are the current fees for trading on Binance?

kira abdoJun 06, 2022 · 3 years ago3 answers

Can you provide details on the current fees for trading on Binance? I would like to know the fees for different types of trades and if there are any discounts available.

3 answers

  • Jun 06, 2022 · 3 years ago
    Sure! The current fees for trading on Binance vary depending on the type of trade you make. For spot trading, the fees range from 0.1% to 0.02% depending on your trading volume. The fees for futures trading are different and can be found on Binance's website. Additionally, Binance offers a fee discount of up to 25% if you hold BNB, the native cryptocurrency of Binance, in your account. So, the more BNB you hold, the higher the fee discount you can enjoy.
  • Jun 06, 2022 · 3 years ago
    Trading fees on Binance are quite competitive. For spot trading, the fees start at 0.1% and decrease as your trading volume increases. The fees for futures trading are different and are based on a maker-taker model. You can find the complete fee schedule on Binance's website. It's worth noting that Binance also offers a referral program where you can earn a percentage of your friends' trading fees as a commission. So, if you refer someone to Binance, you can earn some extra income while trading.
  • Jun 06, 2022 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Binance is known for its transparent and competitive fee structure. The fees for trading on Binance are based on a tiered system, which means that the more you trade, the lower your fees will be. Binance also offers a fee discount if you hold BNB, their native cryptocurrency. This discount can be quite significant, especially for high-volume traders. If you're looking for a reliable and cost-effective platform for trading cryptocurrencies, Binance is definitely worth considering.