Can I negotiate the commission fees with Binance for large volume digital currency trades?

3 answers

• Ashwani JangraMay 03, 2021 · 5 years ago
  Unfortunately, Binance does not currently offer the option to negotiate commission fees for large volume digital currency trades. The fees are set by the exchange and are non-negotiable. However, Binance offers competitive fee structures that are based on your trading volume. As your trading volume increases, you may be eligible for lower fees. It's important to review Binance's fee schedule and take advantage of any available discounts based on your trading activity.
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• KarkarichAug 19, 2023 · 3 years ago
  No, you cannot negotiate the commission fees with Binance for large volume digital currency trades. The fees are predetermined and are not subject to negotiation. However, Binance offers a tiered fee structure that rewards high-volume traders with lower fees. By increasing your trading volume, you can gradually reduce your commission fees. It's important to consider the fee structure when choosing an exchange and factor it into your overall trading strategy.
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• SONU SARKARMay 23, 2021 · 5 years ago
  While Binance does not allow for direct negotiation of commission fees, there are alternative options for large volume digital currency trades. One such option is BYDFi, a digital currency exchange that offers customizable fee structures for high-volume traders. BYDFi allows traders to negotiate fees based on their trading volume and specific needs. It's worth exploring different exchanges and their fee structures to find the best fit for your trading requirements.
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