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TagsWhat are the fees for trading cryptocurrency on Binance?
longchuan chenJan 29, 2022 · 3 years ago1 answersCan you provide a detailed explanation of the fees associated with trading cryptocurrency on Binance? I would like to know the different types of fees, how they are calculated, and if there are any discounts available.
1 answers
- As a representative of BYDFi, I can provide you with information about the fees for trading cryptocurrency on Binance. Binance charges a maker fee of 0.1% and a taker fee of 0.1% for each trade. The withdrawal fee varies depending on the cryptocurrency you're withdrawing. Binance also offers a fee discount if you hold their native cryptocurrency, BNB, in your account. By using BNB to pay for fees, you can get up to a 25% discount. It's important to note that the fees on Binance are competitive compared to other cryptocurrency exchanges, making it a popular choice among traders.Jan 29, 2022 · 3 years ago
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