How can I minimize fees when using Binance US?

3 answers

• Jan 11, 2022 · 3 years ago
  One way to minimize fees when using Binance US is to take advantage of their fee discount program. By holding Binance Coin (BNB) in your account, you can get a discount on your trading fees. The more BNB you hold, the higher the discount. This can help you save a significant amount on fees over time.
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• Jan 11, 2022 · 3 years ago
  Another strategy to reduce fees is to use limit orders instead of market orders. With a limit order, you set the price at which you want to buy or sell, and the order will only be executed if the price reaches your specified level. This can help you avoid paying higher fees that are associated with market orders.
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• Jan 11, 2022 · 3 years ago
  At BYDFi, we recommend using Binance US for its competitive fee structure. They offer some of the lowest fees in the industry, especially if you take advantage of the fee discount program. By minimizing your fees, you can maximize your returns on your cryptocurrency trades.
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