What are the fees for trading futures on Binance?

5 answers

• Dec 26, 2021 · 3 years ago
  Sure! When it comes to trading futures on Binance, there are a few fees to keep in mind. Firstly, there is a taker fee, which is charged when you place an order that is immediately filled. The taker fee is typically higher than the maker fee. The maker fee, on the other hand, is charged when you place an order that is not immediately filled and adds liquidity to the market. The maker fee is usually lower than the taker fee. Additionally, there might be funding fees for perpetual futures contracts, which are charged periodically to ensure the contract's price aligns with the underlying asset's price. These fees are calculated based on the funding rate and the position size. As for discounts, Binance offers a tiered fee structure based on your trading volume. The more you trade, the lower your fees will be. You can check Binance's fee schedule for more details.
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• Dec 26, 2021 · 3 years ago
  Trading futures on Binance comes with a few fees. The taker fee is applied when you place an order that is immediately filled, while the maker fee is charged when you place an order that adds liquidity to the market. The specific fees depend on your trading volume and can be found in Binance's fee schedule. It's worth noting that Binance offers a discount on fees for users who hold BNB, the native cryptocurrency of the Binance exchange. By using BNB to pay for fees, you can enjoy a reduced fee rate. So, if you're planning to trade futures on Binance, it might be beneficial to consider using BNB to save on fees.
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• Dec 26, 2021 · 3 years ago
  When it comes to trading futures on Binance, the fees are calculated based on the type of order you place. If you place a market order that is immediately filled, you will be charged a taker fee. On the other hand, if you place a limit order that adds liquidity to the market, you will be charged a maker fee. The specific fee rates can be found in Binance's fee schedule. It's important to note that Binance offers a discount on fees for VIP users. The higher your VIP level, the lower your fees will be. So, if you're a frequent futures trader, it might be worth considering increasing your VIP level to enjoy lower fees.
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• Dec 26, 2021 · 3 years ago
  Trading futures on Binance? Here's what you need to know about the fees. When you place an order that is immediately filled, you'll be charged a taker fee. This fee is higher compared to the maker fee, which is charged when you place an order that adds liquidity to the market. The exact fee rates can be found in Binance's fee schedule. It's important to keep in mind that Binance offers a discount on fees for users who hold BNB, the native cryptocurrency of the exchange. By using BNB to pay for fees, you can enjoy a reduced fee rate. So, if you're looking to save on fees while trading futures on Binance, consider using BNB.
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• Dec 26, 2021 · 3 years ago
  As a third-party observer, BYDFi doesn't have direct information about the fees for trading futures on Binance. However, Binance is known for its transparent fee structure, which can be found in their fee schedule. The fees for trading futures on Binance are typically based on the type of order you place, whether it's a market order or a limit order. It's recommended to refer to Binance's official website or contact their customer support for the most accurate and up-to-date information regarding the fees for trading futures on Binance.
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