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What are the fees for trading cryptocurrency futures on the Binance platform?

Jose Eduardo Cruz CovarrubiasNov 17, 2020 · 5 years ago1 answers

Can you provide detailed information about the fees associated with trading cryptocurrency futures on the Binance platform? I'm interested in knowing the different types of fees, such as trading fees, funding fees, and any other fees that may apply. Additionally, it would be helpful to understand how these fees are calculated and if there are any discounts or promotions available.

Cryptocurrency
Binance
Trading Fees

1 answers

  • Munoz WillifordNov 29, 2020 · 5 years ago
    As an expert in the cryptocurrency industry, I can tell you that trading cryptocurrency futures on the Binance platform incurs certain fees. These fees include a trading fee and a funding fee. The trading fee is based on your VIP level and trading volume, with lower fees for higher VIP levels and higher trading volumes. The funding fee is calculated based on the funding rate and the position size. Binance provides a fee schedule on their website, where you can find detailed information about the fees for different cryptocurrencies and contract types. It's important to note that fees can vary depending on market conditions and other factors. If you're looking for more information about the fees for trading cryptocurrency futures on Binance, I recommend visiting their website or reaching out to their customer support for assistance.

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