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What are the trading fees for LRC on Binance?

avatarOlivia KowalczykDec 16, 2021 · 3 years ago3 answers

Can you provide me with information about the trading fees for LRC (Loopring) on Binance? I'm interested in knowing the fees involved in trading this particular cryptocurrency on the Binance exchange.

What are the trading fees for LRC on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! When trading LRC on Binance, you will be charged a fee of 0.1% for both makers and takers. This means that whether you are placing an order that adds liquidity to the market (maker) or taking liquidity from the market (taker), the fee will be the same. Keep in mind that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information.
  • avatarDec 16, 2021 · 3 years ago
    The trading fees for LRC on Binance are 0.1% for both makers and takers. This fee structure is quite common among cryptocurrency exchanges and is designed to incentivize trading activity. It's important to note that these fees can vary depending on your trading volume and Binance's fee schedule. For more detailed information, you can visit the Binance website or contact their customer support.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to trading LRC on Binance, the fees are set at 0.1% for both makers and takers. This means that regardless of whether you are providing liquidity to the market or taking liquidity from the market, you will be charged the same fee. It's worth noting that Binance offers a tiered fee structure based on your trading volume, so the fees may vary depending on your activity. If you're looking for more information, you can visit the Binance website or reach out to their support team.