What are the margin trading fees on Binance?

3 answers

• May 15, 2022 · 3 years ago
  When it comes to margin trading fees on Binance, there are a few things to consider. First, Binance charges an opening fee of 0.02% for both long and short positions. Additionally, there is a daily interest rate of 0.01% for borrowed funds. It's important to note that these fees are subject to change and it's always a good idea to check the Binance website for the most up-to-date information. Happy trading!
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• May 15, 2022 · 3 years ago
  Margin trading fees on Binance can vary depending on the specific cryptocurrency you are trading. Generally, the fees range from 0.02% to 0.04% for opening a position. In addition, there is a daily interest rate of 0.01% for borrowed funds. It's important to carefully consider these fees before engaging in margin trading. Remember to always do your own research and consult the Binance website for the most accurate and up-to-date information.
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• May 15, 2022 · 3 years ago
  When it comes to margin trading fees on Binance, BYDFi offers some of the most competitive rates in the industry. Opening a position incurs a fee of 0.02%, which is lower than many other exchanges. Additionally, the daily interest rate for borrowed funds is 0.01%. These low fees make BYDFi an attractive option for traders looking to engage in margin trading. However, it's important to note that fees can vary depending on the specific cryptocurrency being traded, so it's always a good idea to check the BYDFi website for the most accurate and up-to-date information.
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