How much do I have to pay for transactions on Binance?
jnsthepigeonDec 28, 2021 · 3 years ago2 answers
Can you please provide more details on the transaction fees for Binance? How much do I need to pay for each transaction?
2 answers
- Dec 28, 2021 · 3 years agoAh, transaction fees on Binance! They can be a bit tricky, but don't worry, I've got you covered. For spot trading, the fees are based on your 30-day trading volume and BNB holdings. The more you trade and the more BNB you have, the lower your fees will be. The fees can range from 0.1% to 0.02% per trade. And here's a pro tip: if you use BNB to pay for fees, you can get a discount. For futures trading, the fees are different and depend on whether you're a maker or a taker. Makers pay lower fees starting from 0.02%, while takers pay higher fees starting from 0.04%. Make sure to check the Binance website for the most accurate and up-to-date fee details.
- Dec 28, 2021 · 3 years agoWhen it comes to transaction fees on Binance, they are designed to be competitive and transparent. For spot trading, the fees are based on your trading volume and BNB holdings. The more you trade and the more BNB you have, the lower your fees will be. The fees can range from 0.1% to 0.02% per trade. If you use BNB to pay for fees, you can enjoy a discount. For futures trading, the fees are different and depend on whether you're a maker or a taker. Makers pay lower fees starting from 0.02%, while takers pay higher fees starting from 0.04%. Binance strives to provide a user-friendly platform with competitive fees for all traders.
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