Are there any hidden fees when trading digital currencies on Binance?

5 answers

• Jesse StephMar 02, 2021 · 5 years ago
  When trading digital currencies on Binance, there are a few fees that you should be aware of. Firstly, there is a standard trading fee of 0.1% for both makers and takers. This fee can be reduced if you hold Binance Coin (BNB) and choose to pay your fees with it. Additionally, there may be withdrawal fees depending on the specific digital currency you are trading. These fees vary and can be found on Binance's website. Overall, while there are fees associated with trading on Binance, they are transparent and can be easily accessed.
  535

  268
• Kishan AcharyaSep 29, 2021 · 4 years ago
  Nope, no hidden fees here! Binance is known for its transparency when it comes to fees. The trading fee is a standard 0.1% for both makers and takers, and you can even get a discount if you use Binance Coin (BNB) to pay your fees. As for withdrawal fees, they vary depending on the digital currency you are trading, but you can easily find the details on Binance's website. So rest assured, you won't be surprised by any hidden fees on Binance.
  444

  148
• Noureddine BourakiMar 24, 2022 · 4 years ago
  When trading digital currencies on Binance, you should be aware of the fees involved. Binance charges a standard trading fee of 0.1% for both makers and takers. However, if you hold Binance Coin (BNB) and choose to pay your fees with it, you can get a discount. Additionally, there may be withdrawal fees for certain digital currencies. It's always a good idea to check the specific fees for the digital currency you are trading on Binance's website. Overall, Binance is transparent about its fees and there are no hidden surprises.
  532

  133
• Bengtson FlanaganDec 23, 2023 · 2 years ago
  As an expert in the field, I can confidently say that Binance is one of the most transparent exchanges when it comes to fees. There are no hidden fees when trading digital currencies on Binance. The trading fee is a standard 0.1% for both makers and takers, and you can even get a discount if you use Binance Coin (BNB) to pay your fees. Withdrawal fees vary depending on the digital currency, but you can easily find the details on Binance's website. So trade with peace of mind on Binance, knowing that there are no hidden fees.
  530

  106
• KKKFeb 17, 2025 · 9 months ago
  Trading digital currencies on Binance is a breeze when it comes to fees. Binance is known for its transparent fee structure, so you won't encounter any hidden fees. The trading fee is a standard 0.1% for both makers and takers, and if you use Binance Coin (BNB) to pay your fees, you can even get a discount. Withdrawal fees vary depending on the digital currency, but you can easily find the details on Binance's website. So go ahead and trade on Binance without worrying about any hidden fees!
  495

  83