Are there any fees associated with using stop limit orders on Binance for trading digital currencies?
d02profDec 27, 2021 · 3 years ago3 answers
Can you tell me if there are any fees that I need to pay when using stop limit orders on Binance for trading digital currencies? I want to understand the cost implications before I start using this feature.
3 answers
- Dec 27, 2021 · 3 years agoYes, there are fees associated with using stop limit orders on Binance for trading digital currencies. Binance charges a fee of 0.1% for both the maker and taker. The maker fee is applied when you place an order that is not immediately matched with an existing order on the order book. The taker fee is applied when you place an order that is immediately matched with an existing order on the order book. It's important to note that these fees are subject to change and it's always a good idea to check the latest fee schedule on Binance's website.
- Dec 27, 2021 · 3 years agoAbsolutely! When you use stop limit orders on Binance for trading digital currencies, you will be charged a fee. The fee is 0.1% for both the maker and taker. The maker fee is applicable when you add liquidity to the market by placing an order that is not immediately matched. The taker fee is applicable when you remove liquidity from the market by placing an order that is immediately matched. Keep in mind that these fees may vary and it's recommended to visit Binance's official website for the most up-to-date fee information.
- Dec 27, 2021 · 3 years agoYes, there are fees associated with using stop limit orders on Binance for trading digital currencies. Binance charges a fee of 0.1% for both makers and takers. Makers are traders who add liquidity to the market by placing limit orders that are not immediately matched. Takers are traders who remove liquidity from the market by placing market orders or limit orders that are immediately matched. It's important to note that these fees can be subject to change and it's always a good idea to check Binance's fee schedule for the most accurate information.
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