What are the fees for trading Binance futures?
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Can you please provide detailed information about the fees associated with trading Binance futures? I would like to know about the different types of fees, such as trading fees, funding fees, and any other fees that may be applicable.
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1 answers
- When it comes to trading Binance futures, there are a few fees to keep in mind. The main fee is the trading fee, which is based on your trading volume. The higher your volume, the lower the fee percentage. The trading fee can range from 0.02% to 0.04%. Additionally, there is a funding fee that is charged every 8 hours for perpetual futures contracts. This fee is used to balance the contract price with the spot market price. The funding fee can be positive or negative, depending on the market conditions. It's important to note that these fees can impact your overall profitability, so it's always a good idea to factor them into your trading strategy.
Dec 18, 2021 · 3 years ago
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