What are the fees and charges for trading Binance Futures perpetual contracts?

5 answers

• HasanmeorsDec 17, 2022 · 3 years ago
  When trading Binance Futures perpetual contracts, there are several fees and charges to be aware of. Firstly, there is a trading fee which is charged for each trade you make. The trading fee is based on your trading volume and can range from 0.02% to 0.04%. Additionally, there is a funding fee which is paid by traders who hold positions overnight. The funding fee is determined by the prevailing interest rate and the funding rate of the contract. It is important to note that the funding fee can be positive or negative, depending on the market conditions. Lastly, there may be withdrawal fees if you decide to withdraw your funds from the platform. The withdrawal fees vary depending on the cryptocurrency you are withdrawing. It is recommended to check the Binance website for the most up-to-date information on fees and charges.
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• FacundoJun 04, 2022 · 3 years ago
  Trading Binance Futures perpetual contracts comes with certain fees and charges. The trading fee is the main fee you will encounter, and it is based on your trading volume. The more you trade, the lower the fee percentage. Additionally, if you hold positions overnight, you may be subject to a funding fee. This fee is determined by the interest rate and the funding rate of the contract. It's important to keep in mind that the funding fee can be positive or negative, depending on the market conditions. Lastly, there may be withdrawal fees if you decide to withdraw your funds from Binance. The withdrawal fees vary depending on the cryptocurrency you are withdrawing. Make sure to check the Binance website for the most accurate and up-to-date information on fees and charges.
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• Huxley NyaogaNov 17, 2022 · 3 years ago
  When it comes to trading Binance Futures perpetual contracts, it's important to understand the fees and charges involved. Binance Futures charges a trading fee for each trade you make. The trading fee is based on your trading volume and can range from 0.02% to 0.04%. Additionally, if you hold positions overnight, you may be subject to a funding fee. This fee is determined by the interest rate and the funding rate of the contract. It's worth noting that the funding fee can be positive or negative, depending on the market conditions. Lastly, there may be withdrawal fees if you decide to withdraw your funds from Binance. The withdrawal fees vary depending on the cryptocurrency you are withdrawing. It's always a good idea to check the Binance website for the most up-to-date information on fees and charges.
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• Galbraith HoldtMar 15, 2024 · 2 years ago
  When trading Binance Futures perpetual contracts, you should be aware of the fees and charges involved. Binance Futures charges a trading fee for each trade you make. The trading fee is based on your trading volume and can range from 0.02% to 0.04%. Additionally, if you hold positions overnight, you may be subject to a funding fee. This fee is determined by the interest rate and the funding rate of the contract. It's important to note that the funding fee can be positive or negative, depending on the market conditions. Lastly, there may be withdrawal fees if you decide to withdraw your funds from Binance. The withdrawal fees vary depending on the cryptocurrency you are withdrawing. For the most accurate and up-to-date information on fees and charges, it's best to refer to the Binance website.
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• Gibson ConnollyAug 15, 2024 · a year ago
  BYDFi, a digital currency exchange, offers trading of Binance Futures perpetual contracts. When trading these contracts, you will encounter certain fees and charges. The trading fee is based on your trading volume and can range from 0.02% to 0.04%. Additionally, if you hold positions overnight, you may be subject to a funding fee. This fee is determined by the interest rate and the funding rate of the contract. It's important to note that the funding fee can be positive or negative, depending on the market conditions. Lastly, there may be withdrawal fees if you decide to withdraw your funds from BYDFi. The withdrawal fees vary depending on the cryptocurrency you are withdrawing. For the most accurate and up-to-date information on fees and charges, it's best to refer to the BYDFi website.
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