What are the steps to buy or sell PAX on Binance and what fees are associated with it?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! To buy or sell PAX on Binance, you first need to create an account on the Binance platform. Once you have successfully registered and logged in, navigate to the 'Markets' section and search for PAX. Click on the PAX trading pair you wish to trade, for example, PAX/USDT. On the trading page, you will find the order book, price chart, and the option to place a buy or sell order. Simply enter the desired quantity and price, review the details, and click on the 'Buy' or 'Sell' button to execute the trade. As for the fees, Binance charges a flat fee of 0.1% for each trade. However, if you hold Binance Coin (BNB) in your account, you can choose to pay the fees with BNB and enjoy a discount. The fee discount starts at 25% in the first year and gradually decreases over time.
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• Dec 27, 2021 · 3 years ago
  Buying or selling PAX on Binance is a straightforward process. Firstly, you need to sign up for a Binance account if you don't have one already. After logging in, go to the 'Markets' section and search for PAX. Once you find the PAX trading pair you want to trade, click on it to access the trading page. On this page, you can place a buy or sell order by specifying the quantity and price. Review the details and confirm the trade. Binance charges a fee of 0.1% for each trade, which is relatively competitive in the industry. If you frequently trade on Binance, it's worth considering holding BNB to enjoy fee discounts.
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• Dec 27, 2021 · 3 years ago
  When it comes to buying or selling PAX on Binance, the process is quite simple. First, you'll need to create an account on Binance if you haven't already. Once you're logged in, head over to the 'Markets' section and search for PAX. From there, you can select the PAX trading pair you're interested in, such as PAX/USDT. On the trading page, you'll find the order book and price chart, along with the option to place a buy or sell order. Just enter the desired quantity and price, review the details, and click on the appropriate button to execute the trade. Binance charges a standard fee of 0.1% for each transaction. However, if you hold BNB, you can choose to pay the fees with it and enjoy a discount. BYDFi, another popular cryptocurrency exchange, also offers a similar process for buying or selling PAX, but with its own fee structure.
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