How Much Binance Trading Fee?

Binance's trading fees are based on a maker-taker model. Makers are those who place orders that are not immediately filled, while takers are those who place orders that are immediately filled. The maker fee is typically lower than the taker fee.

 

The exact trading fee you pay on Binance will depend on your trading volume and the cryptocurrency you are trading. For example, the maker fee for BTC/USDT trading is 0.1% if your 30-day trading volume is less than 1,000,000 BUSD. 

However, if your 30-day trading volume is more than 100,000,000 BUSD, the maker fee will be 0.04%. You can find the current trading fees for all cryptocurrencies on Binance's website.

 

How To Reduce Binance Trading Fee?

• Use a referral code when you create an account. This will give you a 20% discount on your trading fees.
• Hold Binance Coin (BNB) in your account. This will give you a 25% discount on your trading fees.
• Increase your trading volume. The higher your trading volume, the lower your trading fees will be.

There are a number of different types of traders. Some traders trade for their own accounts and some trade for others. There are fundamental traders who try to find stocks that are undervalued buy them, and then sell them when the price goes up; (Learn CGPA)




Technical traders try to find signals in the prices of stocks and commodities and trade accordingly, and market traders try to make money by buying and selling at the right time.





What is The Meaning of “K” in Money?

The word “K” is a symbol word to divert the figures in thousands. The letter “K” reflects the amount in four digits and “k” is used to explain full figures in an amount.





The word “k” is used in products to measure in KG or “K” is used to determine the actual amount and “K” is used to calculate the actual distance as well.





How Much Does Binance Have Trading Fees?

While other trading competitors have trading fees starting at 0.50%, maker/taker fees on Binance.US range from 0% to 0.01%. Instant buy fees are 0.50%. Users who hold BNC also get a 0.25% trading fee discount. (BNB 100 How Much?)

Table of Binance Trading Fee: 

Level                        30d Trade          Maker                 Taker                   BNB 25% off

Regular User            1,000,000            0.1000%               0.1000%               0.0750%

VIP 1                        1,000,000            0.0900%               0.1000%               0.0725%

VIP 2                        5,000,000            0.0800%               0.1000%               0.0675%

VIP 3                        20,000,000          0.0420%               0.0600%               0.0405%

VIP 4                        100,000,000        0.0365%               0.0525%               0.0350%

VIP 5                         400,000,000        0.0315%               0.0450%               0.0300%

 

Note:

Trading fees are always charged for the asset you receive. The maker fee is charged when you create a limit order that is then filled by a market order. The taker fee is charged when you create a market order that immediately fills an existing order. 

 

 

You can reduce your trading fees by using BNB to pay for your trades. With a BNB discount, your maker and taker fees will be 25% lower than the standard rates.

 

 

Crypto exchanges may offer fee discounts for users who hold certain assets and use them to pay their trading fees.





Always Use a Trading Plan:

Traders should analyze the market share up and down progress and then decide the best options trading plan to get more healthy profit in a specific time.





Treat Trading Like a Business:

Treat your trading as a business and invest in upward shares for a better return on the principal investment.





Use Technology to Your Advantage:

Get in touch with your Binance account and analyze the share's up-down position. Timely sales dropped share and buy growing once.





Protect Your Trading Capital:

To keep your trading capital safe, you need to draw a bottom line of decision. If trading capital drops less the lines immediately sell. (ATM Activation Process)




Frequently Ask Questions:

What is the fee per trade on Binance?

Binance charges a fee of 0.10% for each trade. This fee is applied to both the maker and taker sides of the trade. The maker fee is charged to the person who places an order that is then filled by an existing order on the order book. The taker fee is charged to the person who places an order that is then filled by a new order on the order book.





How can I reduce my trading fees on Binance?

There are a few ways to reduce your trading fees on Binance. One way is to become a VIP member. VIP members enjoy discounted trading fees, starting at 0.0420% for makers and 0.0600% for takers. You can become a VIP member by trading a certain amount of volume in a 30-day period.

Another way to reduce your trading fees is to use BNB to pay for your trades. When you use BNB to pay for your trades, you will receive a 25% discount on your trading fees.

Finally, you can also reduce your trading fees by trading on the Binance Futures platform. Binance Futures offers lower trading fees than the spot trading platform.




What are the other fees that I need to be aware of when trading on Binance?

In addition to the trading fees, there are a few other fees that you need to be aware of when trading on Binance. These fees include:

Deposit fees: Binance charges a fee for depositing cryptocurrency into your account. The deposit fee varies depending on the cryptocurrency that you are depositing.

Withdrawal fees: Binance charges a fee for withdrawing cryptocurrency from your account. The withdrawal fee varies depending on the cryptocurrency that you are withdrawing.



Funding fees: Binance charges a funding fee on margin accounts. The funding fee is charged when the price of the underlying asset moves against your position.