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What are the trading fees for ADA/USD on Binance?

avatarSergey MaslennikovMar 18, 2022 · 3 years ago3 answers

Can you provide information about the trading fees for the ADA/USD trading pair on Binance? I'm interested in knowing the fees involved in trading Cardano (ADA) against the US dollar (USD) on the Binance exchange. Please provide details about the maker and taker fees, as well as any additional fees or discounts that may apply.

What are the trading fees for ADA/USD on Binance?

3 answers

  • avatarMar 18, 2022 · 3 years ago
    Sure! When trading ADA/USD on Binance, the trading fees for makers and takers are both 0.10%. This means that for every trade you make, whether you're placing a buy or sell order, you'll be charged a fee of 0.10% of the total trading volume. It's important to note that the trading fees on Binance are subject to change, so it's always a good idea to check the latest fee schedule on the Binance website.
  • avatarMar 18, 2022 · 3 years ago
    The trading fees for ADA/USD on Binance are 0.10% for both makers and takers. This means that whether you're providing liquidity to the market by placing a limit order (maker) or taking liquidity from the market by placing a market order (taker), you'll be charged a fee of 0.10% of the total trading volume. These fees are relatively low compared to other exchanges, making Binance an attractive option for trading ADA against USD.
  • avatarMar 18, 2022 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers competitive trading fees for the ADA/USD trading pair on Binance. Makers and takers are charged a fee of 0.10% of the total trading volume. This means that whether you're providing liquidity to the market or taking liquidity from the market, you'll be charged the same fee. Additionally, Binance offers a tiered fee structure, which means that the more you trade, the lower your fees will be. So if you're a frequent trader, you may be eligible for discounted fees on Binance.