What are the fees and limits for trading cryptocurrencies on Binance Australia?

3 answers

• Dec 15, 2021 · 3 years ago
  Sure! When it comes to trading cryptocurrencies on Binance Australia, there are a few things you should know about the fees and limits. First, let's talk about the fees. Binance Australia charges a flat fee of 0.1% for both market makers and market takers. This means that whether you're placing a buy or sell order, you'll be charged a fee of 0.1% of the total transaction value. As for the limits, Binance Australia has different limits for deposits, withdrawals, and trading volumes. The deposit limit depends on the level of verification you have completed on your account. For Level 1 verification, the daily deposit limit is AUD 2,000, while for Level 2 verification, the daily deposit limit is AUD 10,000. The withdrawal limit for Level 1 verification is AUD 2,000 per day, while for Level 2 verification, it is AUD 10,000 per day. Lastly, the trading volume limit on Binance Australia is based on a tiered system. The higher your trading volume, the higher your tier and the higher your trading volume limit. It's important to note that these limits are subject to change and it's always a good idea to check the latest information on the Binance Australia website.
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• Dec 15, 2021 · 3 years ago
  Hey there! Looking to trade cryptocurrencies on Binance Australia? Let me break down the fees and limits for you. When it comes to fees, Binance Australia charges a flat fee of 0.1% for both makers and takers. This means that regardless of whether you're buying or selling, you'll be charged a fee of 0.1% of the total transaction value. Now, let's talk about the limits. The deposit limit on Binance Australia depends on your verification level. For Level 1 verification, the daily deposit limit is AUD 2,000, while for Level 2 verification, it's AUD 10,000. As for withdrawals, Level 1 verification allows you to withdraw up to AUD 2,000 per day, while Level 2 verification increases the limit to AUD 10,000 per day. When it comes to trading volumes, Binance Australia has a tiered system. The more you trade, the higher your tier and the higher your trading volume limit. Just keep in mind that these limits are subject to change, so it's always a good idea to double-check the latest information on the Binance Australia website.
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• Dec 15, 2021 · 3 years ago
  Certainly! Let me provide you with the details about the fees and limits for trading cryptocurrencies on Binance Australia. Binance Australia charges a flat fee of 0.1% for both market makers and market takers. This means that regardless of whether you're placing a buy or sell order, you'll be charged a fee of 0.1% of the total transaction value. As for the limits, Binance Australia has different limits for deposits, withdrawals, and trading volumes. The deposit limit depends on your verification level. For Level 1 verification, the daily deposit limit is AUD 2,000, while for Level 2 verification, it's AUD 10,000. The withdrawal limit for Level 1 verification is AUD 2,000 per day, while for Level 2 verification, it's AUD 10,000 per day. When it comes to trading volumes, Binance Australia has a tiered system. The higher your trading volume, the higher your tier and the higher your trading volume limit. It's important to note that these limits and fees are subject to change, so it's always a good idea to check the latest information on the Binance Australia website.
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