Are there any fees associated with placing a stop-limit order on Binance for digital currencies?

3 answers

• Iain LynchAug 21, 2023 · 2 years ago
  When placing a stop-limit order on Binance for digital currencies, there are certain fees involved. Binance charges a trading fee of 0.1% for both the maker and taker. This means that when you place a stop-limit order, you will be charged a fee of 0.1% of the total order value. It's important to note that this fee is subject to change and may vary depending on the specific digital currency being traded. Compared to other exchanges, Binance's fees are generally considered to be competitive.
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• Denis mainaJan 07, 2025 · a year ago
  Yes, there are fees associated with placing a stop-limit order on Binance for digital currencies. The trading fee for a stop-limit order on Binance is 0.1% of the total order value. This fee is charged both for the maker and the taker. It's worth noting that Binance offers a tiered fee structure, which means that the more you trade, the lower your fees will be. This can be advantageous for frequent traders who are looking to minimize their trading costs.
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• Denisha NicoleJan 14, 2021 · 5 years ago
  When it comes to placing a stop-limit order on Binance for digital currencies, there are indeed fees involved. Binance charges a trading fee of 0.1% for both the maker and taker. However, it's important to note that these fees can be reduced if you hold Binance Coin (BNB) in your account. By using BNB to pay for trading fees, you can enjoy a discount of up to 25%. This can significantly reduce the costs associated with placing stop-limit orders on Binance. Overall, Binance's fee structure is designed to be competitive and cost-effective for traders.
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