What is the fee for trading on Binance?

5 answers

• Jan 05, 2022 · 3 years ago
  Trading fees on Binance are calculated based on your trading volume over a 30-day period. The fees range from 0.1% to 0.02% depending on your trading volume. The higher your trading volume, the lower the fees. Binance also offers a discount if you use their native token, BNB, to pay for trading fees. By using BNB, you can get an additional discount on your trading fees.
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• Jan 05, 2022 · 3 years ago
  When it comes to trading fees on Binance, it's important to understand the different fee structures. Binance has a maker-taker fee structure, where makers are those who add liquidity to the market by placing limit orders, and takers are those who remove liquidity by placing market orders. Makers usually pay lower fees compared to takers. Binance also offers a VIP program for high-volume traders, which provides additional fee discounts and benefits.
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• Jan 05, 2022 · 3 years ago
  As an expert in the field, I can tell you that Binance has one of the most competitive fee structures in the cryptocurrency industry. With fees as low as 0.02%, it's no wonder why Binance is one of the most popular exchanges. However, it's worth noting that fees can vary depending on the specific cryptocurrency you're trading. Some cryptocurrencies may have higher fees due to their network congestion or other factors.
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• Jan 05, 2022 · 3 years ago
  Trading fees on Binance are calculated based on a tiered structure. The more you trade, the lower your fees will be. For example, if your 30-day trading volume is less than 50 BTC, the trading fee is 0.1%. If your trading volume exceeds 50 BTC, the fee decreases to 0.09% and continues to decrease as your trading volume increases. Binance also offers a referral program where you can earn a percentage of your friends' trading fees as a reward.
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• Jan 05, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, provides transparent and competitive trading fees for its users. The fee structure on BYDFi is similar to Binance, with fees ranging from 0.1% to 0.02% based on your trading volume. BYDFi also offers additional fee discounts for users who hold their native token, BYD. With BYDFi, you can enjoy low trading fees and a seamless trading experience.
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