common-close-0
BYDFi
Trade wherever you are!

What are the fees and charges associated with trading on Binance and Voyager?

avatarLanier AustinDec 30, 2021 · 3 years ago1 answers

Can you provide a detailed description of the fees and charges associated with trading on Binance and Voyager? I would like to know the costs involved in trading on these platforms.

What are the fees and charges associated with trading on Binance and Voyager?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    As an expert in the field, I can tell you that trading on Binance and Voyager comes with its own set of fees and charges. Binance charges a flat 0.1% trading fee for both market makers and takers. However, if you hold Binance Coin (BNB) in your account, you can use it to pay for your trading fees and get a discount. The discount starts at 25% in the first year and gradually decreases over time. On the other hand, Voyager charges a fee ranging from 0.1% to 0.5% depending on the volume of your trades. It's important to consider these fees when deciding which platform to trade on, as they can significantly impact your overall trading costs.