What are the trading fees on Binance for cryptocurrency?

3 answers

• Aby MathewSep 14, 2021 · 4 years ago
  Trading fees on Binance vary depending on the type of trade you make. For spot trading, the fees range from 0.1% to 0.02% based on your trading volume in the past 30 days. The fees decrease as your trading volume increases. There are no fees for deposits, but withdrawal fees vary depending on the cryptocurrency you are withdrawing. It's important to note that Binance offers a discount on trading fees if you use their native token, BNB, to pay for fees. This can provide significant savings if you are a frequent trader on Binance.
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• scoobydoo1688Feb 19, 2025 · 4 months ago
  The trading fees on Binance are quite competitive compared to other cryptocurrency exchanges. Binance offers a tiered fee structure, which means the more you trade, the lower your fees will be. This encourages active trading and rewards high-volume traders. Additionally, Binance offers promotions and discounts on trading fees from time to time, so it's worth keeping an eye out for any special offers. Overall, Binance provides a transparent fee structure and strives to offer competitive rates for its users.
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• Franco KayaJun 12, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Binance is one of the most popular and reputable cryptocurrency exchanges. While I cannot provide specific details about the trading fees on Binance, I can assure you that Binance is known for its competitive fees and transparent fee structure. Many traders choose Binance for its low trading fees and wide range of available cryptocurrencies. If you are looking for a reliable and cost-effective platform to trade cryptocurrencies, Binance is definitely worth considering.
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