common-close-0
BYDFi
Trade wherever you are!

What are the trading fees for XRP on Binance US?

avatarMuhammad AshrafDec 24, 2021 · 3 years ago3 answers

Can you provide detailed information about the trading fees for XRP on Binance US? I would like to know the fees for both market makers and market takers, as well as any additional fees or discounts that may apply.

What are the trading fees for XRP on Binance US?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! The trading fees for XRP on Binance US are 0.1% for both market makers and market takers. Market makers are those who place limit orders that are not immediately matched with existing orders, while market takers are those who place market orders or limit orders that are immediately matched with existing orders. Binance US offers a tiered fee structure based on your trading volume. The more you trade, the lower your fees will be. Additionally, Binance US occasionally offers promotions and discounts on trading fees, so it's worth keeping an eye out for any ongoing promotions.
  • avatarDec 24, 2021 · 3 years ago
    The trading fees for XRP on Binance US are 0.1% for both market makers and market takers. This means that for every XRP trade you make, Binance US will charge you a fee equal to 0.1% of the total trade value. It's important to note that these fees may vary depending on your trading volume and any ongoing promotions or discounts. Binance US provides a transparent fee structure on their website, so you can easily calculate the fees for your specific trading activity.
  • avatarDec 24, 2021 · 3 years ago
    As a representative of BYDFi, I can tell you that the trading fees for XRP on Binance US are 0.1% for both market makers and market takers. Binance US offers a competitive fee structure that is in line with industry standards. They also provide a user-friendly interface and a wide range of trading pairs for XRP. If you're looking for a reliable and secure platform to trade XRP, Binance US is definitely worth considering.