Are there any fees associated with using the limit order feature on Binance?

3 answers

• Ahmad JadallahJun 07, 2024 · a year ago
  Yes, there are fees associated with using the limit order feature on Binance. When you place a limit order, you will be charged a trading fee based on your trading volume. The fee structure is tiered, meaning that the more you trade, the lower the fee percentage. You can find the detailed fee schedule on Binance's website. It's important to consider these fees when planning your trading strategy to ensure they align with your goals and expected returns.
  457

  229
• Deejay CastilloFeb 08, 2024 · a year ago
  Absolutely! Binance does charge fees for using the limit order feature. The fees are based on your trading volume and are calculated as a percentage of the total order value. The fee structure is designed to incentivize higher trading volumes by offering lower fees for larger trades. You can find the exact fee percentages on Binance's website. It's always a good idea to review the fee schedule before placing any orders to avoid any surprises.
  446

  149
• Teodor IgnatJan 13, 2023 · 3 years ago
  Yes, there are fees associated with using the limit order feature on Binance. The fees are based on your trading volume and are calculated as a percentage of the total order value. Binance offers a tiered fee structure, which means that the more you trade, the lower the fees you pay. This is designed to reward active traders and encourage higher trading volumes. You can find the detailed fee schedule on Binance's website. It's important to factor in these fees when calculating your potential profits and losses.
  516

  129