What is the standard consignment fee for trading cryptocurrencies on Binance?

3 answers

• May 02, 2022 · 3 years ago
  The standard consignment fee for trading cryptocurrencies on Binance varies depending on the type of transaction. For spot trading, the fee is 0.1% for both makers and takers. However, Binance offers a fee discount for users who hold BNB (Binance Coin) in their accounts. By using BNB to pay for trading fees, users can enjoy a discount of up to 25%. This makes Binance one of the most cost-effective options for trading cryptocurrencies.
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• May 02, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on Binance, the standard consignment fee is 0.1% for both buyers and sellers. This fee is applicable to spot trading, which involves buying or selling cryptocurrencies for immediate delivery. It's important to note that Binance offers a fee discount for users who hold BNB (Binance Coin) in their accounts. By using BNB to pay for trading fees, users can enjoy a discount of up to 25%. This can significantly reduce the overall cost of trading on the Binance platform.
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• May 02, 2022 · 3 years ago
  The standard consignment fee for trading cryptocurrencies on Binance is 0.1% for both makers and takers. However, Binance also offers a fee discount for users who hold BNB (Binance Coin) in their accounts. By using BNB to pay for trading fees, users can enjoy a discount of up to 25%. This means that the effective fee for trading cryptocurrencies on Binance can be as low as 0.075%. It's worth noting that Binance is known for its low fees and high liquidity, making it a popular choice among cryptocurrency traders.
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