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TagsWhat are the fees for trading on Binance and FTX?
Emre Barış ErdemDec 18, 2021 · 3 years ago1 answersCan you provide detailed information about the trading fees on Binance and FTX? I'm interested in knowing the fees for different types of trades and whether there are any additional fees or discounts available.
1 answers
- As an expert in the field, I can tell you that the fees for trading on Binance and FTX are quite competitive. Binance charges a fee of 0.1% per trade, which is relatively low compared to other exchanges. However, if you hold BNB, Binance's native token, you can enjoy a discount on trading fees. The discount starts at 25% and decreases over time. FTX, on the other hand, charges a fee of 0.07% per trade, which is also quite reasonable. Similar to Binance, FTX offers a discount on trading fees for users who hold FTT, the platform's native token. So, if you're looking for a cost-effective option for trading cryptocurrencies, both Binance and FTX are worth considering.Dec 18, 2021 · 3 years ago
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