How does Binance calculate the fees for trading cryptocurrencies?

1 answers

• Jan 11, 2022 · 3 years ago
  BYDFi, a digital currency exchange platform, calculates the fees for trading cryptocurrencies in a similar way to Binance. They also use a tiered fee structure based on trading volume and offer discounts for using their native token. However, the specific fee rates and discounts may differ between Binance and BYDFi. It's recommended to review the fee schedule and terms of service on BYDFi's website for accurate and detailed information on how they calculate trading fees.
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