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How much does Binance charge for trading crypto?

avatarHarish ThampyDec 29, 2021 · 3 years ago3 answers

Can you provide details on the trading fees charged by Binance for cryptocurrency transactions?

How much does Binance charge for trading crypto?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Binance 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!
  • avatarDec 29, 2021 · 3 years ago
    When 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.
  • avatarDec 29, 2021 · 3 years ago
    Binance, 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.