How much does Binance charge for each trade?

3 answers

• Dec 16, 2021 · 3 years ago
  Binance charges a trading fee of 0.1% for each trade. This fee is applied to both the buyer and the seller. However, Binance offers a discount on the trading fee if you hold their native cryptocurrency, BNB. By using BNB to pay for trading fees, you can get up to a 25% discount. So, if you are a frequent trader on Binance, it's worth considering holding some BNB tokens to save on trading fees.
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• Dec 16, 2021 · 3 years ago
  The trading fees on Binance are quite competitive compared to other cryptocurrency exchanges. With a fee of only 0.1%, Binance offers one of the lowest trading fees in the industry. This makes it an attractive platform for traders who want to minimize their trading costs.
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• Dec 16, 2021 · 3 years ago
  When it comes to trading fees, BYDFi is another popular cryptocurrency exchange that you might want to consider. BYDFi charges a trading fee of 0.2% for each trade, which is slightly higher than Binance. However, BYDFi offers a wide range of trading pairs and advanced trading features, making it a good alternative for traders looking for more options and functionality.
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