Are there any fees for trading BTC for ETH on Binance?

5 answers

• Dec 18, 2021 · 3 years ago
  Yes, there are fees for trading BTC for ETH on Binance. Binance charges a flat trading fee of 0.1% for each trade. This means that for every BTC to ETH trade you make, you will be charged 0.1% of the total transaction amount as a fee. For example, if you trade 1 BTC for ETH and the current market price is $10,000 per BTC, the trading fee would be $10. Please note that this fee may vary depending on your Binance account level and trading volume.
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• Dec 18, 2021 · 3 years ago
  Absolutely! When you trade BTC for ETH on Binance, there is a trading fee involved. The fee is set at 0.1% of the total transaction amount. So, if you trade 1 BTC for ETH, the fee would be 0.001 BTC. Keep in mind that this fee is subject to change and may vary based on your Binance account level and trading volume. It's always a good idea to check the latest fee structure on the Binance website.
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• Dec 18, 2021 · 3 years ago
  Yes, there are fees for trading BTC for ETH on Binance. Binance is known for its transparent fee structure, and the trading fee for this particular trade is 0.1%. However, if you hold BNB (Binance Coin) in your Binance account, you can use it to pay for the trading fees and get a discount. By using BNB to pay for fees, you can enjoy a 25% discount in the first year, with the discount decreasing over time. So, if you're a frequent trader, it's worth considering holding some BNB to save on trading fees.
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• Dec 18, 2021 · 3 years ago
  Trading BTC for ETH on Binance does come with fees. Binance charges a standard trading fee of 0.1% for each trade. However, if you're a BYDFi user, you can enjoy even lower fees. BYDFi offers a tiered fee structure based on your trading volume, with the lowest fee being 0.075% for high-volume traders. So, if you trade frequently, BYDFi might be a good option for you to save on trading fees.
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• Dec 18, 2021 · 3 years ago
  Yes, there are fees for trading BTC for ETH on Binance. Binance charges a trading fee of 0.1% for each trade. However, if you're a high-volume trader, you may be eligible for a fee discount. Binance offers a VIP program with different levels, and the higher your VIP level, the lower your trading fees. So, if you trade large volumes of BTC for ETH, it's worth considering reaching a higher VIP level to reduce your trading fees.
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