What are the fees for trading digital assets on Binance?

3 answers

• the_tiny_fpvMay 30, 2023 · 2 years ago
  When it comes to trading digital assets on Binance, there are several fees to consider. First, there is a standard trading fee of 0.1% for both makers and takers. This fee can be reduced by holding BNB, the native cryptocurrency of Binance, in your account. By using BNB to pay for trading fees, you can enjoy a discount of up to 25%. Additionally, Binance offers a VIP program for high-volume traders, which provides further fee discounts based on your trading volume. Overall, Binance's fees are competitive compared to other cryptocurrency exchanges, especially when taking advantage of the BNB discount.
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• melissa daniffApr 13, 2022 · 3 years ago
  Trading digital assets on Binance comes with certain fees. The standard trading fee is 0.1% for both makers and takers. However, if you hold BNB in your account and choose to use it to pay for trading fees, you can enjoy a discount. The discount starts at 25% in the first year and gradually decreases over time. Binance also offers a tiered fee structure for high-volume traders. The more you trade, the higher your VIP level and the lower your fees. Compared to other exchanges, Binance's fees are generally considered competitive and attractive to traders.
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• Meghan Moira LanningMay 01, 2022 · 3 years ago
  When it comes to trading digital assets on Binance, the fees are quite straightforward. The standard trading fee is 0.1% for both makers and takers. However, if you hold BNB in your account, you can use it to pay for trading fees and enjoy a discount. The discount starts at 25% and decreases over time. Binance also offers a VIP program for high-volume traders, which provides additional fee discounts based on your trading volume. Overall, Binance's fee structure is designed to be competitive and appealing to traders.
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