Are there any fees associated with using stop limit orders on Binance for trading digital currencies?
Kajal KesharwaniMay 10, 2021 · 4 years ago3 answers
Can you tell me if there are any fees that I need to pay when using stop limit orders on Binance for trading digital currencies? I want to understand the cost implications before I start using this feature.
3 answers
- PrabhakarDec 31, 2023 · 2 years agoYes, there are fees associated with using stop limit orders on Binance for trading digital currencies. Binance charges a fee of 0.1% for both the maker and taker. The maker fee is applied when you place an order that is not immediately matched with an existing order on the order book. The taker fee is applied when you place an order that is immediately matched with an existing order on the order book. It's important to note that these fees are subject to change and it's always a good idea to check the latest fee schedule on Binance's website.
- Melad HaniNov 16, 2020 · 5 years agoAbsolutely! When you use stop limit orders on Binance for trading digital currencies, you will be charged a fee. The fee is 0.1% for both the maker and taker. The maker fee is applicable when you add liquidity to the market by placing an order that is not immediately matched. The taker fee is applicable when you remove liquidity from the market by placing an order that is immediately matched. Keep in mind that these fees may vary and it's recommended to visit Binance's official website for the most up-to-date fee information.
- Kannika Parameswari SrinivasanAug 25, 2021 · 4 years agoYes, there are fees associated with using stop limit orders on Binance for trading digital currencies. Binance charges a fee of 0.1% for both makers and takers. Makers are traders who add liquidity to the market by placing limit orders that are not immediately matched. Takers are traders who remove liquidity from the market by placing market orders or limit orders that are immediately matched. It's important to note that these fees can be subject to change and it's always a good idea to check Binance's fee schedule for the most accurate information.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 2414286Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0463Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0432How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0368How to Trade Options in Bitcoin ETFs as a Beginner?
1 3335Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 1303
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More