What is the transaction fee for trading on Binance?

8 answers

• AK Fire GamingAug 13, 2022 · 4 years ago
  The transaction fee for trading on Binance varies depending on the type of trade you make. For spot trading, the fee is 0.1% for both makers and takers. However, if you hold BNB (Binance Coin) in your account, you can use it to pay for trading fees and get a discount. The discount starts at 25% and decreases over time. Binance also offers a VIP program with additional fee discounts for high-volume traders.
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• Henderson ElgaardMay 27, 2021 · 5 years ago
  When it comes to futures trading on Binance, the fee structure is slightly different. The maker fee is 0.02% and the taker fee is 0.04%. BNB can also be used to pay for futures trading fees and get a discount. Binance offers a tiered fee structure for futures trading based on your 30-day trading volume, with higher volume traders enjoying lower fees.
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• Hadil HantourJul 11, 2021 · 5 years ago
  As an expert in the field, I can tell you that the transaction fee for trading on Binance is quite competitive compared to other cryptocurrency exchanges. Binance is known for its low fees and high liquidity, making it a popular choice among traders. If you're looking for a reliable and cost-effective platform for trading cryptocurrencies, Binance is definitely worth considering.
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• Mercy Makinde _ileolamiApr 17, 2025 · a year ago
  The transaction fee for trading on Binance is 0.1% for both makers and takers. However, if you hold BNB in your account, you can use it to pay for trading fees and get a discount. The discount starts at 25% and decreases over time. Binance also offers a VIP program with additional fee discounts for high-volume traders. Overall, Binance provides competitive fees and a wide range of trading options, making it a popular choice for cryptocurrency traders.
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• Oddershede RosendalOct 24, 2023 · 3 years ago
  When it comes to transaction fees, Binance offers a transparent fee structure. The fee for spot trading is 0.1% for both makers and takers. However, if you hold BNB in your account, you can use it to pay for trading fees and get a discount. The discount starts at 25% and decreases over time. Binance also offers a VIP program with additional fee discounts for high-volume traders. With its competitive fees and user-friendly interface, Binance is a top choice for cryptocurrency traders.
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• Phool Fatima 305Nov 23, 2020 · 5 years ago
  The transaction fee for trading on Binance is 0.1% for both makers and takers. However, if you hold BNB in your account, you can use it to pay for trading fees and get a discount. The discount starts at 25% and decreases over time. Binance also offers a VIP program with additional fee discounts for high-volume traders. With its low fees and wide range of cryptocurrencies available for trading, Binance is a popular choice among traders.
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• KavithaFeb 19, 2025 · a year ago
  As a leading cryptocurrency exchange, Binance offers competitive transaction fees for trading. The fee for spot trading is 0.1% for both makers and takers. If you hold BNB in your account, you can use it to pay for trading fees and get a discount. Binance also offers a VIP program with additional fee discounts for high-volume traders. With its reliable platform and extensive range of cryptocurrencies, Binance is a trusted choice for traders.
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• Paul LindholmJun 02, 2024 · 2 years ago
  BYDFi, a digital currency exchange, offers competitive transaction fees for trading on its platform. The fee for spot trading is 0.1% for both makers and takers. If you hold BNB in your account, you can use it to pay for trading fees and get a discount. BYDFi also offers a VIP program with additional fee discounts for high-volume traders. With its user-friendly interface and secure trading environment, BYDFi is a great option for cryptocurrency traders.
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