What percentage does Binance charge for trading cryptocurrencies?

5 answers

• Dec 14, 2021 · 3 years ago
  Binance charges a trading fee of 0.1% for both market makers and takers. This means that for every trade you make on Binance, you will be charged 0.1% of the total transaction amount. The fees are calculated based on the trade volume over the past 30 days and are subject to change depending on your trading activity. Binance also offers a tiered fee structure, which means that the more you trade, the lower your fees will be. Additionally, Binance occasionally runs promotions and discounts on trading fees, so it's worth keeping an eye out for any ongoing offers.
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• Dec 14, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on Binance, the trading fees are set at a flat rate of 0.1% for both market makers and takers. This means that regardless of whether you are buying or selling cryptocurrencies, you will be charged a fee of 0.1% of the total transaction amount. The fees are automatically deducted from your account balance at the time of the trade. It's important to note that Binance's trading fees are competitive compared to other major cryptocurrency exchanges, making it an attractive option for traders.
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• Dec 14, 2021 · 3 years ago
  Binance charges a trading fee of 0.1% for both market makers and takers. However, if you hold Binance Coin (BNB) in your account, you can use it to pay for trading fees and receive a discount. The discount starts at 25% in the first year and gradually decreases over time. This means that if you use BNB to pay for your trading fees, you will only be charged 0.075% instead of the regular 0.1%. This discount can add up and significantly reduce your trading costs, especially if you are a frequent trader on Binance.
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• Dec 14, 2021 · 3 years ago
  As a leading cryptocurrency exchange, Binance charges a flat trading fee of 0.1% for both market makers and takers. This fee is considered to be competitive within the industry and is in line with other major exchanges. Binance also offers a VIP program for high-volume traders, which provides additional benefits such as lower trading fees, faster customer support, and access to exclusive features. The VIP program has multiple tiers, with each tier offering different benefits based on the trading volume. Overall, Binance's trading fees are transparent and fair, making it a popular choice among cryptocurrency traders.
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• Dec 14, 2021 · 3 years ago
  Binance, one of the largest cryptocurrency exchanges in the world, charges a trading fee of 0.1% for both market makers and takers. This fee is applied to every trade you make on the platform and is automatically deducted from your account balance. Binance's trading fees are competitive compared to other exchanges, making it an attractive option for traders. It's important to note that while Binance charges a fee for trading cryptocurrencies, there may be additional fees for depositing or withdrawing funds from your Binance account, depending on the payment method and currency used.
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