Are there any fees associated with placing a stop limit order on Binance?
Aditya Rohan NarraDec 27, 2021 · 3 years ago3 answers
Can you please provide more information about the fees associated with placing a stop limit order on Binance? How much do they charge and are there any additional costs involved?
3 answers
- Dec 27, 2021 · 3 years agoYes, there are fees associated with placing a stop limit order on Binance. The fees depend on your trading volume and whether you are a maker or taker. Makers, who provide liquidity to the market, usually have lower fees compared to takers, who take liquidity from the market. The fees can range from 0.02% to 0.1% per trade. Additionally, there may be withdrawal fees if you decide to move your funds off the exchange.
- Dec 27, 2021 · 3 years agoAbsolutely! When you place a stop limit order on Binance, there are fees involved. The fees are based on your trading volume and whether you are a maker or taker. Makers usually enjoy lower fees as they contribute to the liquidity of the market. Takers, on the other hand, pay slightly higher fees as they take liquidity from the market. The fees can vary from 0.02% to 0.1% per trade. It's important to note that there may be additional withdrawal fees if you choose to transfer your funds out of Binance.
- Dec 27, 2021 · 3 years agoYes, there are fees associated with placing a stop limit order on Binance. The fees depend on your trading volume and whether you are a maker or taker. Makers typically have lower fees compared to takers. The fees can range from 0.02% to 0.1% per trade. It's important to check Binance's fee schedule for the most accurate and up-to-date information. As for withdrawal fees, they may apply if you decide to move your funds from Binance to another wallet or exchange.
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