common-close-0
BYDFi
Trade wherever you are!

How does Binance calculate the fees for trading cryptocurrencies?

avatardonnadmclarDec 18, 2021 · 3 years ago1 answers

Can you explain how Binance calculates the fees for trading cryptocurrencies in detail?

How does Binance calculate the fees for trading cryptocurrencies?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a digital currency exchange platform, calculates the fees for trading cryptocurrencies in a similar way to Binance. They also use a tiered fee structure based on trading volume and offer discounts for using their native token. However, the specific fee rates and discounts may differ between Binance and BYDFi. It's recommended to review the fee schedule and terms of service on BYDFi's website for accurate and detailed information on how they calculate trading fees.