Are there any fees associated with Binance futures trading?

5 answers

• Dec 27, 2021 · 3 years ago
  Yes, there are fees associated with Binance futures trading. Traders need to consider two types of fees: trading fees and funding fees. Trading fees are charged when opening or closing a position, and they vary based on the user's VIP level and the trading volume in the last 30 days. Funding fees are charged every 8 hours for perpetual contracts and are based on the funding rate. Traders can check the Binance website for the exact fee structure and calculation methods. To be eligible for fee discounts or reductions, users can participate in the Binance Futures VIP program and achieve higher VIP levels by trading more volume.
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• Dec 27, 2021 · 3 years ago
  Absolutely! Binance futures trading does involve fees. When you open or close a position, you'll be charged a trading fee. The amount of the fee depends on factors such as your VIP level and trading volume. Additionally, there are funding fees that are charged every 8 hours for perpetual contracts. These fees are based on the funding rate. To get fee discounts or reductions, you can aim to increase your trading volume and achieve higher VIP levels. Binance provides a transparent fee structure on their website, so you can easily find the details.
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• Dec 27, 2021 · 3 years ago
  Yes, there are fees associated with Binance futures trading. Traders need to pay attention to both trading fees and funding fees. Trading fees are charged when you open or close a position, and they depend on your VIP level and trading volume. Funding fees, on the other hand, are charged every 8 hours for perpetual contracts and are based on the funding rate. To get fee discounts, you can participate in the Binance Futures VIP program and increase your trading volume. Keep in mind that the fee structure may vary, so it's always a good idea to check the Binance website for the most up-to-date information.
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• Dec 27, 2021 · 3 years ago
  Yes, there are fees associated with Binance futures trading. Traders should be aware of trading fees and funding fees. Trading fees are incurred when you enter or exit a position and are determined by your VIP level and trading volume. Funding fees are charged every 8 hours for perpetual contracts and are based on the funding rate. To qualify for fee discounts, you can join the Binance Futures VIP program and increase your trading volume. For detailed information on the fee structure, it's recommended to visit the Binance website.
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• Dec 27, 2021 · 3 years ago
  Yes, there are fees associated with Binance futures trading. Traders need to consider both trading fees and funding fees. Trading fees are charged when you open or close a position and are based on your VIP level and trading volume. Funding fees are charged every 8 hours for perpetual contracts and are determined by the funding rate. To enjoy fee discounts or reductions, you can participate in the Binance Futures VIP program and increase your trading volume. It's important to note that the fee structure may change, so it's advisable to refer to the Binance website for the latest information.
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