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What is the fee structure for Binance futures trading?

avatarLuke KuetheFeb 22, 2023 · 2 years ago3 answers

Can you explain the fee structure for trading futures on Binance? I'm interested in knowing how the fees are calculated and if there are any discounts available.

What is the fee structure for Binance futures trading?

3 answers

  • avatarBrankicaDec 12, 2023 · 2 years ago
    Sure! When it comes to trading futures on Binance, the fee structure is based on a tiered system. The fees you pay depend on your 30-day trading volume and BNB balance. The higher your trading volume and BNB balance, the lower your fees. Binance also offers a VIP program that provides additional fee discounts for high-volume traders. You can find more details about the fee structure on Binance's website.
  • avatarDamian CascallanaOct 20, 2020 · 5 years ago
    The fee structure for Binance futures trading is designed to incentivize higher trading volumes and BNB holdings. By increasing your trading volume and BNB balance, you can enjoy lower fees. Binance also periodically offers promotions and discounts on futures trading fees, so it's worth keeping an eye out for those. Overall, the fee structure is competitive and rewards active traders.
  • avatarkowsarMay 17, 2023 · 2 years ago
    As an expert in the field, I can tell you that the fee structure for Binance futures trading is quite favorable. Binance offers one of the most competitive fee structures in the industry, with fees as low as 0.02% for makers and 0.04% for takers. Additionally, Binance provides fee discounts for users who hold BNB, the native cryptocurrency of the Binance exchange. This makes Binance an attractive option for traders looking to minimize their trading costs.
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