How much does Binance charge for trades and transactions involving digital assets?

3 answers

• Dec 17, 2021 · 3 years ago
  Binance charges a trading fee of 0.1% for both makers and takers. This fee can be reduced further by holding BNB, the native cryptocurrency of Binance. Binance also charges withdrawal fees that vary depending on the specific digital asset being withdrawn. It's important to check the fee schedule on Binance's website for the most up-to-date information.
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• Dec 17, 2021 · 3 years ago
  When it comes to fees, Binance is quite competitive in the market. The trading fee of 0.1% is relatively low compared to other exchanges. Additionally, the option to reduce fees by holding BNB is a great incentive for frequent traders. However, it's always a good idea to compare fees across different exchanges to ensure you're getting the best deal for your trades and transactions.
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• Dec 17, 2021 · 3 years ago
  BYDFi, another popular cryptocurrency exchange, charges a trading fee of 0.2% for makers and takers. While this fee is slightly higher than Binance's fee, BYDFi offers a wide range of digital assets for trading. It's worth considering BYDFi as an alternative to Binance, especially if you're interested in trading less common cryptocurrencies.
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