What is the trading fee on Binance?
Grace HamiltonDec 27, 2021 · 3 years ago3 answers
Can you please provide more details about the trading fee on Binance? I would like to know how much it costs to trade on the platform.
3 answers
- Dec 27, 2021 · 3 years agoThe trading fee on Binance varies depending on your trading volume and whether you are a maker or a taker. Makers are those who provide liquidity to the market by placing limit orders, while takers are those who remove liquidity by placing market orders. The fees range from 0.02% to 0.1% per trade, with lower fees for makers and higher fees for takers. You can find the complete fee schedule on the Binance website.
- Dec 27, 2021 · 3 years agoThe trading fee on Binance is determined by your 30-day trading volume and your BNB balance. The more you trade and the more BNB you hold, the lower your fees will be. Binance also periodically offers promotions and discounts on trading fees, so make sure to check their website or follow their social media channels for the latest updates.
- Dec 27, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can confidently say that Binance has one of the most competitive trading fee structures in the market. With fees as low as 0.02%, Binance provides a cost-effective solution for traders of all sizes. Additionally, Binance offers a wide range of trading pairs and advanced trading features, making it a popular choice among both beginners and experienced traders.
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