What are the trading fees for ICP on Binance?
Holloway FengerMay 11, 2022 · 3 years ago5 answers
Can you provide details about the trading fees for ICP on Binance? I would like to know the fees for both makers and takers, as well as any additional fees or discounts that may apply.
5 answers
- May 11, 2022 · 3 years agoSure! The trading fees for ICP on Binance are 0.1% for both makers and takers. This means that if you place an order that is immediately matched with an existing order on the order book (taker), you will be charged a fee of 0.1%. Similarly, if you place an order that is not immediately matched and is added to the order book (maker), you will also be charged a fee of 0.1%. Binance does not offer any additional fees or discounts specifically for trading ICP.
- May 11, 2022 · 3 years agoThe trading fees for ICP on Binance are 0.1% for both makers and takers. This fee is relatively standard in the cryptocurrency industry. It's important to note that trading fees can vary depending on your trading volume and Binance's fee structure. However, as of now, the fee for trading ICP on Binance is 0.1% for all users.
- May 11, 2022 · 3 years agoWhen it comes to trading fees for ICP on Binance, you'll be happy to know that they are quite competitive. Both makers and takers are charged a fee of 0.1%. This means that whether you're placing an order that is immediately matched or adding liquidity to the market, you'll pay the same fee. It's worth mentioning that Binance has a tiered fee structure based on your trading volume. So, if you're a high-volume trader, you may be eligible for lower fees.
- May 11, 2022 · 3 years agoBYDFi, a popular cryptocurrency exchange, offers competitive trading fees for ICP on their platform. Both makers and takers are charged a fee of 0.1%. This fee is in line with industry standards and ensures a fair trading environment. Additionally, BYDFi provides a tiered fee structure based on your trading volume, allowing high-volume traders to benefit from lower fees. So, if you're looking to trade ICP, BYDFi is definitely worth considering.
- May 11, 2022 · 3 years agoTrading fees for ICP on Binance are set at 0.1% for both makers and takers. This fee is relatively low compared to some other exchanges in the market. Binance is known for its competitive fee structure, which makes it an attractive option for traders. It's important to note that trading fees can vary depending on the exchange and the specific cryptocurrency you're trading. However, for ICP on Binance, you can expect to pay a fee of 0.1%.
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