Cryptocurrency Q&A
How much does Binance charge per day for futures?
How much does Binance charge per day for futures?
Martino
Tue Sep 03 2024
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5 answers
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Excuse me, could you please clarify for me how much Binance charges per day specifically for futures trading? I'm interested in understanding the fee structure for this particular service as I'm considering using their platform for my trading activities. Additionally, are there any discounts or promotions available that could potentially reduce these daily fees? Your insights would be greatly appreciated.
5 answers
Stefano
Thu Sep 05 2024
Binance, a leading cryptocurrency exchange, employs a tiered fee structure for future trading that varies based on account type and trading volume. For standard users, a flat fee of 0.075% is applied to each trade, ensuring transparency and predictability for basic trading activities.
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MysticInfinity
Wed Sep 04 2024
For those seeking enhanced benefits and cost savings, Binance offers VIP account options. The VIP program caters to high-volume traders, providing tiered fee reductions as trading activity increases. This structure incentivizes increased trading while rewarding users for their loyalty and contribution to the platform's liquidity.
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Lorenzo
Wed Sep 04 2024
Under the VIP program, fees for future trading range from 0.03% to 0.05% per trade, significantly lower than the standard 0.075% fee. The exact fee rate is determined by the individual's trading volume and account tier, reflecting the exchange's commitment to offering competitive rates to its most active traders.
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Giulia
Wed Sep 04 2024
BTCC, another reputable cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of crypto enthusiasts. Its portfolio includes spot trading, where users can buy and sell digital assets at current market prices.
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Carolina
Wed Sep 04 2024
In addition to spot trading, BTCC also provides futures trading services, enabling traders to speculate on the future price movements of cryptocurrencies. This feature attracts investors seeking to leverage their capital and potentially maximize returns through strategic trading strategies.
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