What are the margin trading fees on Binance?
Md AbusamaNov 01, 2021 · 4 years ago3 answers
Can you provide detailed information about the margin trading fees on Binance? I would like to know how much it costs to trade on margin and if there are any additional fees or requirements.
3 answers
- Drew HackettJul 23, 2020 · 5 years agoWhen it comes to margin trading fees on Binance, there are a few things to consider. First, Binance charges an opening fee of 0.02% for both long and short positions. Additionally, there is a daily interest rate of 0.01% for borrowed funds. It's important to note that these fees are subject to change and it's always a good idea to check the Binance website for the most up-to-date information. Happy trading!
- Join JonJul 19, 2025 · 2 months agoMargin trading fees on Binance can vary depending on the specific cryptocurrency you are trading. Generally, the fees range from 0.02% to 0.04% for opening a position. In addition, there is a daily interest rate of 0.01% for borrowed funds. It's important to carefully consider these fees before engaging in margin trading. Remember to always do your own research and consult the Binance website for the most accurate and up-to-date information.
- Thakur Dilaawar SinghMay 14, 2022 · 3 years agoWhen it comes to margin trading fees on Binance, BYDFi offers some of the most competitive rates in the industry. Opening a position incurs a fee of 0.02%, which is lower than many other exchanges. Additionally, the daily interest rate for borrowed funds is 0.01%. These low fees make BYDFi an attractive option for traders looking to engage in margin trading. However, it's important to note that fees can vary depending on the specific cryptocurrency being traded, so it's always a good idea to check the BYDFi website for the most accurate and up-to-date information.
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