What is the maker fee for trading cryptocurrencies on Binance?

3 answers

• Dec 17, 2021 · 3 years ago
  The maker fee on Binance refers to the fee charged to traders who provide liquidity to the market by placing limit orders that are not immediately matched with existing orders. This fee is typically lower than the taker fee, which is charged to traders who remove liquidity from the market by placing market orders or taking existing orders. The specific maker fee rates on Binance may vary depending on the trading volume and the user's VIP level. It's important to check the Binance website or contact their support for the most up-to-date information.
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• Dec 17, 2021 · 3 years ago
  When you place a limit order on Binance, you have the option to become a maker. As a maker, you are adding liquidity to the market by placing an order that is not immediately executed. Binance rewards makers by charging them a lower fee compared to takers. The exact maker fee rates on Binance can be found on their website or by contacting their customer support. It's important to note that these fees may vary depending on factors such as trading volume and user VIP level.
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• Dec 17, 2021 · 3 years ago
  The maker fee for trading cryptocurrencies on Binance is determined based on the user's trading volume and VIP level. Binance offers a tiered fee structure, where higher trading volumes and VIP levels result in lower fees. As a maker, you provide liquidity to the market by placing limit orders. Binance rewards makers by charging them lower fees compared to takers. To find the specific maker fee rates for your trading activity, you can refer to Binance's fee schedule on their website or reach out to their customer support.
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