What is the fee structure for trading digital assets on Binance?

4 answers

• nadia zranAug 14, 2023 · 2 years ago
  Sure! Binance has a transparent fee structure for trading digital assets. The fees vary depending on whether you are a maker or a taker. Makers are those who provide liquidity to the market by placing limit orders that are not immediately filled, while takers are those who remove liquidity by placing market orders that are immediately filled. For makers, the fee ranges from 0.02% to 0.10%, depending on their trading volume. For takers, the fee ranges from 0.04% to 0.10%. Binance also offers a fee discount if you use their native cryptocurrency BNB to pay for trading fees. The discount starts at 25% and decreases over time. It's important to note that Binance may also charge additional fees for certain services, such as deposit and withdrawal fees. Make sure to check their website for the most up-to-date fee information.
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• tiredtianAug 06, 2021 · 4 years ago
  The fee structure for trading digital assets on Binance is quite straightforward. As a maker, you will be charged a fee ranging from 0.02% to 0.10% depending on your trading volume. If you are a taker, the fee will range from 0.04% to 0.10%. Binance also offers a fee discount if you use their native cryptocurrency BNB to pay for trading fees. The discount starts at 25% and decreases over time. It's important to keep in mind that there may be additional fees for certain services, such as deposit and withdrawal fees. Binance provides a detailed breakdown of their fee structure on their website, so make sure to check it out for more information.
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• Maxuel AssisSep 29, 2024 · a year ago
  When it comes to trading digital assets on Binance, the fee structure is designed to be competitive and transparent. As a maker, you can enjoy fees as low as 0.02% and as high as 0.10%, depending on your trading volume. Takers, on the other hand, will be charged fees ranging from 0.04% to 0.10%. It's worth mentioning that Binance offers a fee discount if you use their native cryptocurrency BNB to pay for trading fees. The discount starts at 25% and decreases over time. Additionally, Binance may charge additional fees for certain services, such as deposit and withdrawal fees. For the most accurate and up-to-date fee information, I recommend visiting Binance's official website.
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• Gerardo QuintanaDec 06, 2020 · 5 years ago
  BYDFi, a digital asset exchange, has a fee structure that is designed to be competitive and transparent. The fees for trading digital assets on BYDFi are based on a maker-taker model. Makers, who provide liquidity to the market, are charged fees ranging from 0.02% to 0.10%, depending on their trading volume. Takers, who remove liquidity from the market, are charged fees ranging from 0.04% to 0.10%. BYDFi also offers a fee discount if you use their native cryptocurrency BYD to pay for trading fees. The discount starts at 25% and decreases over time. It's important to note that there may be additional fees for certain services, such as deposit and withdrawal fees. For the most accurate and up-to-date fee information, please refer to BYDFi's official website.
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