What are the maker and taker fees on Binance for trading digital currencies?
Ally EJan 08, 2024 · a year ago3 answers
Can you provide more details about the maker and taker fees on Binance for trading digital currencies? How do these fees work and how are they calculated?
3 answers
- NesgcJun 12, 2025 · 12 days agoMaker and taker fees are common in cryptocurrency exchanges like Binance. The maker fee is charged when you add liquidity to the market by placing a limit order that doesn't get immediately matched. The taker fee is charged when you remove liquidity from the market by placing a market order or a limit order that gets immediately matched. The fees are usually a percentage of the trading volume and can vary depending on your trading volume and the specific cryptocurrency you are trading. It's important to check Binance's fee schedule for the most accurate and up-to-date information.
- Sulaiman BanadarJan 13, 2022 · 3 years agoWhen you trade digital currencies on Binance, you may encounter maker and taker fees. The maker fee is applied when you provide liquidity to the market by placing a limit order that is not immediately matched. The taker fee is applied when you take liquidity from the market by placing a market order or a limit order that is immediately matched. These fees are usually a percentage of the trading volume and can differ based on your trading volume and the specific digital currency you are trading. Make sure to review Binance's fee structure for the latest details.
- PrabalApr 13, 2025 · 2 months agoMaker and taker fees play a role in trading digital currencies on Binance. The maker fee is charged when you create liquidity in the market by placing a limit order that doesn't get instantly filled. On the other hand, the taker fee is charged when you remove liquidity from the market by placing a market order or a limit order that gets instantly filled. These fees are typically a percentage of the trading volume and can vary depending on your trading volume and the specific digital currency you are trading. To get the most accurate information, refer to Binance's fee schedule on their official website.
Top Picks
How to Trade Options in Bitcoin ETFs as a Beginner?
1 2105Who Owns Microsoft in 2025?
2 169Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 158How to Score the Best Rental Car Deals: 10 Proven Tips to Save Big in 2025
0 048The Smart Homeowner’s Guide to Financing Renovations
0 147What Is Factoring Receivables and How Does It Work for Businesses?
1 046
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More