Are there any fees involved when swapping coins on Binance?

5 answers

• Crystal EvansAug 31, 2023 · 2 years ago
  When swapping coins on Binance, there are fees involved. The fees vary depending on the type of transaction you make. For spot trading, the fees range from 0.1% to 0.2% of the trading volume. If you are using BNB (Binance Coin) to pay for the fees, you can enjoy a discount. The discount starts at 25% and decreases over time. It's important to note that the fees may change, so it's always a good idea to check the latest fee schedule on Binance's website.
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• Gorli DivyaJan 23, 2025 · 6 months ago
  Yes, there are fees when you swap coins on Binance. The fees are based on the trading volume and the type of transaction. For regular spot trading, the fees range from 0.1% to 0.2%. However, if you hold BNB (Binance Coin) in your account, you can use it to pay for the fees and get a discount. The discount starts at 25% and decreases over time. So, if you want to save on fees, it's a good idea to hold some BNB in your Binance account.
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• latest infomation blogMar 01, 2022 · 3 years ago
  Swapping coins on Binance does come with fees. The fees are based on the trading volume and the type of transaction you make. For spot trading, the fees range from 0.1% to 0.2%. However, if you use BNB (Binance Coin) to pay for the fees, you can enjoy a discount. The discount starts at 25% and decreases over time. Keep in mind that the fees may change, so it's always a good idea to check the latest fee schedule on Binance's website. By the way, if you're interested in a decentralized exchange with low fees, you might want to check out BYDFi. They offer competitive fees and a wide range of cryptocurrencies to trade.
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• Haradhan BarmanMar 28, 2025 · 4 months ago
  Yes, there are fees involved when swapping coins on Binance. The fees depend on the type of transaction you make. For spot trading, the fees range from 0.1% to 0.2% of the trading volume. However, if you use BNB (Binance Coin) to pay for the fees, you can get a discount. The discount starts at 25% and decreases over time. It's important to note that the fees may change, so it's always a good idea to check the latest fee schedule on Binance's website.
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• Adrien DoréAug 13, 2024 · a year ago
  When you swap coins on Binance, there are fees that you need to pay. The fees are based on the trading volume and the type of transaction. For spot trading, the fees range from 0.1% to 0.2%. If you hold BNB (Binance Coin) in your account, you can use it to pay for the fees and get a discount. The discount starts at 25% and decreases over time. It's worth mentioning that Binance has a transparent fee schedule, so you can easily check the fees for different trading pairs on their website.
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