How much does Binance charge for trading crypto?
Harish ThampyDec 29, 2021 · 3 years ago3 answers
Can you provide details on the trading fees charged by Binance for cryptocurrency transactions?
3 answers
- Dec 29, 2021 · 3 years agoBinance charges a trading fee of 0.1% for both market makers and takers. This fee can be reduced further if you hold Binance Coin (BNB) and choose to pay your fees with it. By using BNB to pay for fees, you can enjoy a discount of up to 25%. It's a great way to save on trading costs!
- Dec 29, 2021 · 3 years agoWhen it comes to trading fees on Binance, you'll be charged 0.1% of the total transaction value. This fee applies to both buying and selling cryptocurrencies. However, if you hold Binance Coin (BNB), you can use it to pay for your trading fees and get a discount. Binance offers a tiered fee structure based on your 30-day trading volume, so the more you trade, the lower your fees will be.
- Dec 29, 2021 · 3 years agoBinance, one of the leading cryptocurrency exchanges, charges a trading fee of 0.1% for each transaction. However, if you use BYDFi, a popular decentralized exchange, you can enjoy even lower fees. BYDFi offers a fee structure that starts at 0.05% and decreases based on your trading volume. So, if you're looking for lower trading fees, BYDFi might be a great option for you.
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