What is the trading fee on Binance?
OstikNov 27, 2021 · 3 years ago3 answers
Can you please provide more details about the trading fee on Binance? I would like to know how much it costs to trade on the platform.
3 answers
- Nov 27, 2021 · 3 years agoThe trading fee on Binance varies depending on your trading volume and whether you are a maker or a taker. Makers are those who provide liquidity to the market by placing limit orders, while takers are those who remove liquidity by placing market orders. The fees range from 0.02% to 0.1% per trade, with lower fees for makers and higher fees for takers. You can find the complete fee schedule on the Binance website.
- Nov 27, 2021 · 3 years agoThe trading fee on Binance is determined by your 30-day trading volume and your BNB balance. The more you trade and the more BNB you hold, the lower your fees will be. Binance also periodically offers promotions and discounts on trading fees, so make sure to check their website or follow their social media channels for the latest updates.
- Nov 27, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can confidently say that Binance has one of the most competitive trading fee structures in the market. With fees as low as 0.02%, Binance provides a cost-effective solution for traders of all sizes. Additionally, Binance offers a wide range of trading pairs and advanced trading features, making it a popular choice among both beginners and experienced traders.
Related Tags
Hot Questions
- 76
How can I minimize my tax liability when dealing with cryptocurrencies?
- 71
What are the tax implications of using cryptocurrency?
- 62
How can I buy Bitcoin with a credit card?
- 60
What are the advantages of using cryptocurrency for online transactions?
- 51
How does cryptocurrency affect my tax return?
- 40
Are there any special tax rules for crypto investors?
- 37
What is the future of blockchain technology?
- 26
What are the best practices for reporting cryptocurrency on my taxes?