How much does it cost to trade futures on Binance?

3 answers

• Sathvik1696Jun 11, 2021 · 4 years ago
  When trading futures on Binance, there are several costs to consider. Firstly, there are trading fees which are charged when you open or close a position. These fees vary depending on your trading volume and whether you are a maker or taker. Additionally, there may be funding fees for holding positions overnight. These fees are determined by the funding rate and can be positive or negative depending on the market conditions. It's important to note that Binance provides a fee schedule on their website where you can find detailed information about the costs associated with trading futures.
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• MacKinnon KeeganJul 14, 2023 · 2 years ago
  Trading futures on Binance comes with costs such as trading fees and funding fees. The trading fees are based on your trading volume and whether you are a maker or taker. The funding fees are determined by the funding rate and can be positive or negative. It's recommended to review Binance's fee schedule for more specific information on the costs involved in trading futures on their platform.
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• evanryuuMar 05, 2021 · 4 years ago
  When it comes to trading futures on Binance, there are a few costs to keep in mind. Firstly, there are trading fees which are based on your trading volume and whether you are a maker or taker. Additionally, there may be funding fees for holding positions overnight. These fees are determined by the funding rate and can vary depending on market conditions. To get a detailed breakdown of the costs associated with trading futures on Binance, you can visit their website and check out their fee schedule. It's always a good idea to stay informed about the costs before diving into futures trading.
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