Cryptocurrency Q&A
What is the fee for buying BTC on Binance?
What is the fee for buying BTC on Binance?
EchoSolitude
Mon Dec 23 2024
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5 answers
1004
I want to know the cost of purchasing Bitcoin on the Binance platform. I'm curious about the fees associated with buying BTC on this exchange.
5 answers
SkyWalkerEcho
Wed Dec 25 2024
To illustrate, if you purchase 1 BTC valued at $25,000 and choose to pay with BNB, the fee you will incur is calculated as 0.075% of $25,001.
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AltcoinAdventurer
Wed Dec 25 2024
This equates to a fee of $18.75, which is a significant savings compared to the original fee without the discount.
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noah_harrison_philosopher
Wed Dec 25 2024
Binance provides a special discount for users who utilize BNB in Spot trades.
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KatanaBlade
Wed Dec 25 2024
Specifically, a 25% reduction is applied to the standard taker fee when BNB is used as payment.
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CryptoNinja
Wed Dec 25 2024
For instance, the taker fee originally set at 0.10% is decreased to 0.075% after the discount is applied.
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