What is the commission fee for trading cryptocurrencies on Binance?

1 answers

• Mar 06, 2022 · 3 years ago
  As an expert in the field, I can confirm that the commission fee for trading cryptocurrencies on Binance is 0.1% for both market makers and market takers. This means that for every trade you make, Binance will charge you 0.1% of the total value of the trade as a fee. However, Binance offers a discount on trading fees if you hold BNB (Binance Coin) in your account. By using BNB to pay for trading fees, you can get a discount of up to 25%. Additionally, Binance has a tiered fee structure based on your trading volume, which means that the more you trade, the lower your fee will be. It's important to note that there may be additional fees for certain types of trades, such as margin trading or futures trading. These fees can vary depending on the specific trading pair and the type of trade you are making. It's always a good idea to check the Binance website or contact their customer support for the most accurate and up-to-date information on fees.
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