What is the fee structure for Binance futures trading?
Jesus Z.Dec 26, 2021 · 3 years ago3 answers
Can you explain the fee structure for trading futures on Binance? I'm interested in knowing how the fees are calculated and if there are any discounts available.
3 answers
- Dec 26, 2021 · 3 years agoSure! When it comes to trading futures on Binance, the fee structure is based on a tiered system. The fees you pay depend on your 30-day trading volume and BNB balance. The higher your trading volume and BNB balance, the lower your fees. Binance also offers a VIP program that provides additional fee discounts for high-volume traders. You can find more details about the fee structure on Binance's website.
- Dec 26, 2021 · 3 years agoThe fee structure for Binance futures trading is designed to incentivize higher trading volumes and BNB holdings. By increasing your trading volume and BNB balance, you can enjoy lower fees. Binance also periodically offers promotions and discounts on futures trading fees, so it's worth keeping an eye out for those. Overall, the fee structure is competitive and rewards active traders.
- Dec 26, 2021 · 3 years agoAs an expert in the field, I can tell you that the fee structure for Binance futures trading is quite favorable. Binance offers one of the most competitive fee structures in the industry, with fees as low as 0.02% for makers and 0.04% for takers. Additionally, Binance provides fee discounts for users who hold BNB, the native cryptocurrency of the Binance exchange. This makes Binance an attractive option for traders looking to minimize their trading costs.
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