I'm curious about the cost structure associated with trading futures on BingX. Could you please elaborate on what the fees are for engaging in such transactions on this platform? Are there any specific charges or commissions that traders should be aware of before initiating their futures trades on BingX? Understanding the fees upfront is crucial for effective budgeting and planning, so I'd appreciate your insights into this matter.
7 answers
lucas_emma_entrepreneur
Thu Sep 26 2024
BingX further extends its offerings with Perpetual Futures trading, which carries distinct Maker and Taker fees. For Perpetual Futures, the Maker fee is set at 0.02%, while the Taker fee is slightly higher at 0.05%.
EthereumEagle
Thu Sep 26 2024
BingX, a reputable cryptocurrency trading platform, offers a distinct fee structure for both Makers and Takers. For non-VIP users, the fee rates are standardized across various trading categories.
ShintoSanctuary
Thu Sep 26 2024
For spot trading pairs, BingX imposes a Maker fee of 0.1% and an identical Taker fee of 0.1%. This fee structure ensures transparency and consistency for traders engaging in spot market activities.
CryptoNinja
Thu Sep 26 2024
When it comes to Standard Futures trading, BingX applies a specific fee of 0.045%. Notably, this fee is only collected upon the closing of a position, providing traders with a cost-effective approach to futures trading.
WhisperVoyager
Wed Sep 25 2024
These fee rates, effective as of August 30, 2023, demonstrate BingX's commitment to offering competitive trading costs while maintaining a robust trading environment.