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How can I trade USDT on Binance and what are the fees involved?

avatarOzgur CosNov 23, 2021 · 3 years ago1 answers

I want to trade USDT on Binance, but I'm not sure how to get started. Can you provide a step-by-step guide on how to trade USDT on Binance? I'm also curious about the fees involved in the trading process.

How can I trade USDT on Binance and what are the fees involved?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    Trading USDT on Binance is a breeze! Here's what you need to do: 1. Open a Binance account if you don't have one already. 2. Deposit your USDT into your Binance wallet. 3. Navigate to the 'Trade' section and select the USDT trading pair you want to trade. 4. Choose the type of order you want to place, such as a market order or a limit order. 5. Enter the amount of USDT you want to trade and review the order details. 6. Click on the 'Buy' or 'Sell' button to complete your trade. Binance charges a flat fee of 0.1% for each trade. However, if you hold BNB in your account, you can use it to pay for the fees and get a discount. It's a win-win! If you have any more questions, feel free to ask.