What are the fees for trading futures on binance.us?
SYED SHEERYARNov 18, 2024 · a year ago2 answers
Can you please provide a detailed explanation of the fees associated with trading futures on binance.us? I would like to know the different types of fees, how they are calculated, and if there are any discounts or promotions available.
2 answers
- Clay HoldtMar 30, 2021 · 5 years agoWhen it comes to trading futures on binance.us, there are a few fees to keep in mind. Firstly, there is a taker fee of 0.04% for all trading pairs. This fee is charged when you place an order that is immediately filled. Secondly, there is a maker fee of 0.02% for all trading pairs. This fee is charged when you place an order that is not immediately filled and adds liquidity to the order book. Additionally, there is a funding fee that is charged every 8 hours for open positions. The funding fee is determined by the funding rate and the position size. It is important to note that the funding fee can be positive or negative, depending on the market conditions. Binance.us also offers a fee discount program based on the user's BNB balance. By holding a certain amount of BNB, users can enjoy discounted trading fees. For the most accurate and up-to-date fee information, it is recommended to visit the Binance.us website.
- throwterSep 05, 2022 · 3 years agoAs an expert in the field, I can confirm that trading futures on binance.us incurs several types of fees. Firstly, there is a taker fee of 0.04% for all trading pairs. This fee is charged when you place an order that is immediately filled. Secondly, there is a maker fee of 0.02% for all trading pairs. This fee is charged when you place an order that is not immediately filled and adds liquidity to the order book. Additionally, there is a funding fee that is charged every 8 hours for open positions. The funding fee is determined by the funding rate and the position size. It is important to note that the funding fee can be positive or negative, depending on the market conditions. Binance.us also offers a fee discount program based on the user's BNB balance. By holding a certain amount of BNB, users can enjoy discounted trading fees. For the most accurate and up-to-date fee information, it is recommended to visit the Binance.us website.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331806How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04780Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 13629ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 03415The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 03046PooCoin App: Your Guide to DeFi Charting and Trading
0 02474
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics