What is the strike fee for trading cryptocurrencies on Binance?

3 answers

• esam belhajMay 23, 2024 · 2 years ago
  The strike fee for trading cryptocurrencies on Binance is a fee charged when placing a limit order that is immediately matched with an existing order on the order book. It is a way for Binance to incentivize users to provide liquidity to the market. The strike fee is 0.1% of the trading volume and is deducted from the user's account balance.
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• rohit rawatAug 22, 2024 · 2 years ago
  When you place a limit order on Binance and it is immediately matched with an existing order, you will be charged a strike fee. The strike fee is 0.1% of the trading volume and is deducted from your account balance. It's important to note that the strike fee only applies to limit orders that are immediately matched.
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• Albright HardingMay 16, 2024 · 2 years ago
  The strike fee for trading cryptocurrencies on Binance is 0.1% of the trading volume. It is deducted from the user's account balance when a limit order is immediately matched with an existing order. This fee helps to ensure that there is sufficient liquidity in the market and encourages users to provide liquidity by placing limit orders.
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