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What are the trading fees for SHIB/USDT on Binance?

avatarScarlett LevyDec 24, 2021 · 3 years ago1 answers

Can you please provide detailed information about the trading fees for the SHIB/USDT trading pair 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.

What are the trading fees for SHIB/USDT on Binance?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    The trading fees for the SHIB/USDT trading pair on Binance are 0.1% for both makers and takers. This fee is in line with the industry standard and is quite competitive. Binance also offers a fee discount for users who hold BNB (Binance Coin) in their accounts. By using BNB to pay for trading fees, you can enjoy a discount of up to 25%. This can be a significant cost-saving for active traders. It's important to note that Binance has a transparent fee structure, and you can easily find the latest fee schedule on their website. Additionally, Binance occasionally introduces special promotions where users can enjoy reduced or even zero trading fees for certain trading pairs. So, it's always a good idea to stay updated with their announcements to take advantage of such opportunities.