What are the fees for perpetual futures trading on Binance?
Huang LangballeOct 06, 2023 · 2 years ago5 answers
Can you provide more details about the fees associated with perpetual futures trading on Binance? What are the different types of fees involved and how are they calculated?
5 answers
- Muhammad SiddiqueSep 22, 2021 · 4 years agoWhen it comes to perpetual futures trading on Binance, there are several types of fees to consider. The main fees include the trading fee, funding fee, and withdrawal fee. The trading fee is charged for each trade you make and is typically a percentage of the trading volume. The funding fee is a mechanism to ensure that the perpetual futures contract price stays close to the spot market price. It is paid by traders who hold positions beyond the funding interval and is calculated based on the funding rate. Lastly, the withdrawal fee is charged when you withdraw funds from your Binance account. The fees may vary depending on the specific cryptocurrency you are trading. It's important to check Binance's fee schedule for the most up-to-date information.
- Mannat JainFeb 11, 2024 · 2 years agoPerpetual futures trading on Binance involves various fees that you should be aware of. The trading fee is charged for each trade you execute and is based on your trading volume. The funding fee is a unique feature of perpetual futures contracts and is used to maintain the contract's price in line with the underlying asset's price. It is paid by traders who hold positions beyond the funding interval and is calculated based on the funding rate. Additionally, Binance charges a withdrawal fee when you transfer your funds out of the platform. The specific fees may vary depending on the cryptocurrency you are trading. It's always a good idea to review Binance's fee schedule for accurate and up-to-date information.
- Luis Melero AlvarezApr 03, 2022 · 3 years agoWhen it comes to perpetual futures trading on Binance, there are a few fees to keep in mind. The trading fee is charged for each trade you make and is based on your trading volume. Binance offers a tiered fee structure, where the more you trade, the lower your fee rate becomes. The funding fee is another fee to consider, which is paid by traders who hold positions beyond the funding interval. It is calculated based on the funding rate and helps maintain the contract's price in line with the spot market price. Lastly, Binance charges a withdrawal fee when you withdraw funds from your account. The fees may vary depending on the cryptocurrency you are trading. For detailed information, it's best to refer to Binance's fee schedule.
- GianlucaApr 09, 2025 · 4 months agoPerpetual futures trading on Binance comes with its own set of fees. The trading fee is charged for each trade you execute and is based on your trading volume. Binance has a tiered fee structure, meaning the more you trade, the lower your fee rate becomes. The funding fee is another fee to consider, which is paid by traders who hold positions beyond the funding interval. It is calculated based on the funding rate and helps maintain the contract's price in line with the spot market price. Additionally, Binance charges a withdrawal fee when you transfer your funds out of the platform. The fees may vary depending on the specific cryptocurrency you are trading. It's important to review Binance's fee schedule for accurate and up-to-date information.
- KatieScapeFeb 22, 2024 · a year agoBYDFi, a digital currency exchange, offers perpetual futures trading with its own fee structure. The trading fee is charged for each trade you make and is based on your trading volume. BYDFi has a tiered fee system, where the more you trade, the lower your fee rate becomes. The funding fee is another fee to consider, which is paid by traders who hold positions beyond the funding interval. It is calculated based on the funding rate and helps maintain the contract's price in line with the spot market price. Additionally, BYDFi charges a withdrawal fee when you withdraw funds from your account. The fees may vary depending on the cryptocurrency you are trading. For detailed fee information, it's best to refer to BYDFi's fee schedule.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 3219531Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 01106How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0844How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0749Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0652Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0581
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More