Cryptocurrency Q&A
How much is Binance fee per trade?
How much is Binance fee per trade?
CryptoMystic
Wed Oct 09 2024
|
7 answers
2184
I'm curious about the trading fees on Binance. Specifically, I want to know how much Binance charges per trade. This information is important for me to understand the cost of trading on the platform.
7 answers
BlockchainLegendary
Fri Oct 11 2024
Binance, a leading cryptocurrency exchange platform, imposes a trading fee of 0.10% on all transactions executed on its marketplace. This fee structure ensures that users are charged a fair and transparent amount for their trading activities.
Was this helpful?
385
36
Caterina
Fri Oct 11 2024
In addition to the standard trading fee, Binance also levies a 0.50% fee for its Instant Buy/Sell service. This feature allows users to quickly purchase or sell cryptocurrencies at market prices, providing added convenience but at a slightly higher cost.
Was this helpful?
293
29
SejongWisdomKeeperEliteMind
Fri Oct 11 2024
The actual fee amount that a user incurs on Binance depends on the volume of their trade. For instance, a larger transaction will result in a higher fee being charged, as the percentage-based fee structure applies to the entire transaction value.
Was this helpful?
369
20
Bianca
Fri Oct 11 2024
Despite the fees, Binance remains a popular choice among cryptocurrency traders due to its robust security measures, diverse range of supported digital assets, and high trading volumes. The platform's user-friendly interface and advanced trading tools also contribute to its widespread adoption.
Was this helpful?
377
40
Stefano
Thu Oct 10 2024
BTCC, another reputable cryptocurrency exchange, offers a comprehensive suite of services to cater to the needs of traders and investors alike. Among its offerings are spot trading, which allows users to buy and sell cryptocurrencies at current market prices.
Was this helpful?
351
63
Load 5 more related questions
