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Are there any fees or charges for trading perpetual futures on Binance?

avatarAfri AndyDec 17, 2021 · 3 years ago1 answers

What are the fees and charges associated with trading perpetual futures on Binance? How do they compare to other exchanges?

Are there any fees or charges for trading perpetual futures on Binance?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can confirm that there are fees and charges associated with trading perpetual futures on Binance. These fees include a trading fee, which is based on your trading volume, and a funding fee, which is paid by traders who hold positions overnight. The trading fee on Binance ranges from 0.02% to 0.10%, depending on your trading volume. The funding fee is determined by the prevailing interest rate and the funding rate of the perpetual futures contract. Compared to other exchanges, Binance offers competitive fees and charges for trading perpetual futures, making it a popular choice among traders.