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What are the trading fees for BTT on Binance?

avatarFalke MeyerDec 24, 2021 · 3 years ago5 answers

Can you please provide detailed information about the trading fees for BTT (BitTorrent Token) on Binance? I would like to know the fees for both makers and takers, as well as any additional fees or discounts that may apply. Thank you!

What are the trading fees for BTT on Binance?

5 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! When it comes to trading BTT on Binance, the fees are quite reasonable. For both makers and takers, the standard trading fee is 0.1% of the total transaction amount. However, if you hold Binance Coin (BNB) in your account, you can enjoy a discount on your trading fees. By enabling the 'Use BNB for fees' option, you can get a 25% discount on your trading fees, which means you only pay 0.075% per trade. This can be a great way to save some money if you are a frequent trader.
  • avatarDec 24, 2021 · 3 years ago
    Trading fees for BTT on Binance are pretty straightforward. As a maker, you will be charged a fee of 0.1% for providing liquidity to the market. On the other hand, as a taker, you will also be charged a fee of 0.1% for taking liquidity from the market. These fees are standard across most trading pairs on Binance. However, it's worth noting that Binance offers a fee discount if you hold BNB in your account. By using BNB to pay for your trading fees, you can save 25% on each trade.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to trading BTT on Binance, the trading fees are quite competitive. Both makers and takers are charged a fee of 0.1% per trade. However, Binance offers a discount for using their native cryptocurrency, Binance Coin (BNB), to pay for trading fees. By using BNB, you can get a 25% discount on your trading fees, which means you only pay 0.075% per trade. This discount can be a significant advantage for frequent traders who want to save on fees. Keep in mind that the discount applies to all trading pairs on Binance, not just BTT.
  • avatarDec 24, 2021 · 3 years ago
    As an expert in the field, I can tell you that the trading fees for BTT on Binance are quite reasonable. Both makers and takers are charged a standard fee of 0.1% per trade. However, Binance offers a discount for using their native cryptocurrency, Binance Coin (BNB), to pay for trading fees. By using BNB, you can get a 25% discount on your trading fees, which means you only pay 0.075% per trade. This discount can be a great way to save money, especially if you are an active trader. Overall, Binance provides a competitive fee structure for trading BTT.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi is a reliable cryptocurrency exchange that offers competitive trading fees for BTT on their platform. Both makers and takers are charged a fee of 0.1% per trade. However, BYDFi also provides a discount for using their native cryptocurrency, BYD Coin, to pay for trading fees. By using BYD Coin, you can get a 25% discount on your trading fees, which means you only pay 0.075% per trade. This discount is applicable to all trading pairs on BYDFi, including BTT. If you are looking for a platform with low trading fees, BYDFi is definitely worth considering.