What are the trading fees for ETH/USDT on Binance?
Shyamsundar SodariDec 30, 2021 · 3 years ago3 answers
Can you please provide me with the current trading fees for ETH/USDT on Binance? I am interested in knowing the fees involved before I start trading.
3 answers
- Dec 30, 2021 · 3 years agoSure! The trading fees for ETH/USDT on Binance are 0.1% for both makers and takers. This means that whether you are placing a buy order or a sell order, you will be charged a fee of 0.1% of the total trade amount. Keep in mind that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information.
- Dec 30, 2021 · 3 years agoThe trading fees for ETH/USDT on Binance are currently 0.1%. This fee applies to both makers and takers, which means that whether you are adding liquidity to the order book or taking liquidity from it, you will be charged the same fee. It's important to note that Binance offers a tiered fee structure based on your trading volume, so the more you trade, the lower your fees will be.
- Dec 30, 2021 · 3 years agoWhen it comes to trading fees for ETH/USDT on Binance, you'll be happy to know that they are quite competitive. Currently, the fees stand at 0.1% for both makers and takers. This means that whether you are placing a limit order or a market order, you'll be charged the same fee. However, if you are a frequent trader, you may be eligible for lower fees through Binance's VIP program. So, keep an eye out for that!
Related Tags
Hot Questions
- 93
What are the best practices for reporting cryptocurrency on my taxes?
- 92
How does cryptocurrency affect my tax return?
- 85
What are the best digital currencies to invest in right now?
- 60
What is the future of blockchain technology?
- 59
How can I buy Bitcoin with a credit card?
- 30
What are the tax implications of using cryptocurrency?
- 26
How can I protect my digital assets from hackers?
- 20
Are there any special tax rules for crypto investors?