Can I negotiate the commission fee with Binance for high-volume trading?

7 answers

• FerchoSep 23, 2020 · 5 years ago
  Unfortunately, Binance does not offer negotiation on commission fees for high-volume trading. The commission fees are set and non-negotiable. However, Binance provides a tiered fee structure where the fees decrease as your trading volume increases. So, the more you trade, the lower your commission fees will be.
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• gaopanSep 08, 2021 · 4 years ago
  No, you cannot negotiate the commission fee with Binance for high-volume trading. Binance has a fixed fee structure that applies to all traders, regardless of their trading volume. However, the fee structure is designed to be competitive and offers discounts for high-volume traders.
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• saiprasadMar 12, 2023 · 2 years ago
  While Binance does not explicitly mention negotiation on commission fees, they do have a tiered fee structure that benefits high-volume traders. As your trading volume increases, you will move up the fee tiers and enjoy lower commission fees. So, even though negotiation may not be possible, trading in high volumes can still lead to reduced fees on Binance.
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• Andreas BoyatzoglouOct 17, 2024 · 9 months ago
  BYDFi, another popular cryptocurrency exchange, offers negotiation on commission fees for high-volume trading. They have a dedicated team that works with high-volume traders to provide customized fee structures. If negotiation is important to you, you may consider exploring BYDFi as an alternative to Binance.
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• pg-crezcoJun 27, 2022 · 3 years ago
  Negotiating commission fees with Binance for high-volume trading is not an option. Binance has a transparent fee structure that applies to all traders equally. However, the fee structure is designed to be competitive and offers incentives for high-volume trading, such as lower fees for larger trading volumes.
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• Mohammed GourariAug 16, 2024 · a year ago
  You cannot negotiate the commission fee with Binance for high-volume trading. Binance has a fixed fee structure that is applied to all traders uniformly. However, Binance's fee structure is known for being competitive and offers discounts for high-volume traders, making it an attractive option for active traders.
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• SANDRA VINAYANDec 01, 2023 · 2 years ago
  While Binance does not allow negotiation on commission fees, they have a tiered fee structure that rewards high-volume traders. As you trade more on Binance, your trading volume will increase, and you will move to lower fee tiers, resulting in reduced commission fees. So, even without negotiation, trading in high volumes can still be beneficial on Binance.
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