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What is the short selling fee for digital currencies on Binance?

avatarmalankie gondweDec 28, 2021 · 3 years ago3 answers

Can you please provide more information about the short selling fee for digital currencies on Binance? I would like to know how much it costs to engage in short selling on the platform and if there are any specific requirements or conditions that need to be met.

What is the short selling fee for digital currencies on Binance?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The short selling fee for digital currencies on Binance varies depending on the specific currency being traded. Binance charges a fee of 0.02% for each short selling transaction. However, it's important to note that additional fees may apply, such as network fees for withdrawals. It's always a good idea to check the Binance website or contact their customer support for the most up-to-date information on fees and requirements.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to short selling digital currencies on Binance, there is a fee involved. The fee is typically 0.02% of the transaction amount. However, it's important to keep in mind that fees can vary depending on the specific currency being traded. Additionally, there may be other fees or requirements that need to be considered. It's recommended to visit the Binance website or reach out to their customer support for the most accurate and detailed information regarding short selling fees.
  • avatarDec 28, 2021 · 3 years ago
    Short selling fees for digital currencies on Binance are subject to change and can vary depending on the specific currency being traded. As of now, Binance charges a fee of 0.02% for each short selling transaction. However, it's always a good idea to check the Binance website or contact their customer support for the most up-to-date information on fees and any additional requirements that may apply. Please note that this information is subject to change and it's important to stay informed about the latest fee structure before engaging in short selling activities on Binance.