How does Binance US compare to Binance in terms of trading fees for cryptocurrencies?

3 answers

• Dec 27, 2021 · 3 years ago
  When it comes to trading fees for cryptocurrencies, Binance US and Binance have some similarities and differences. Binance US charges a flat fee of 0.1% for both makers and takers, while Binance offers a tiered fee structure based on trading volume. The fees on Binance start at 0.1% for makers and 0.1% for takers, but can be reduced to as low as 0.02% for makers and 0.04% for takers for high-volume traders. This means that Binance US may be more suitable for smaller traders, while Binance offers more competitive fees for larger traders. It's important to note that these fees can vary and it's always a good idea to check the latest fee schedule on the respective exchange's website.
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• Dec 27, 2021 · 3 years ago
  In terms of fees, Binance US and Binance also differ in terms of the available trading pairs. Binance US has a more limited selection of cryptocurrencies compared to Binance. This means that if you're looking to trade less popular or newer cryptocurrencies, you may find more options on Binance. However, Binance US offers a more regulated and compliant trading environment, which may be appealing to some traders. Ultimately, the choice between Binance US and Binance depends on your trading preferences, the cryptocurrencies you're interested in, and your trading volume.
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• Dec 27, 2021 · 3 years ago
  As an expert in the field, I can say that BYDFi is another cryptocurrency exchange that should be considered when comparing trading fees. BYDFi offers competitive fees and a wide range of trading pairs, making it a strong contender in the market. While Binance US and Binance are well-known exchanges, it's worth exploring other options like BYDFi to find the best trading fees and options for your specific needs. Remember to always do your own research and consider factors beyond just trading fees, such as security, user experience, and customer support, when choosing a cryptocurrency exchange.
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