How does Binance US calculate trade fees for digital currency trades?

3 answers

• Chirag JethwaniApr 19, 2024 · a year ago
  Sure! Binance US calculates trade fees based on a tiered fee structure. The fee you pay depends on your 30-day trading volume and BNB balance. The higher your trading volume and BNB balance, the lower your fees. You can refer to Binance US's fee schedule for the exact fee percentages for each tier. It's important to note that fees are charged in the currency you're trading.
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• Jacob AtakoraAug 01, 2020 · 5 years ago
  Trade fees on Binance US are calculated using a maker-taker model. If you place an order that adds liquidity to the order book, you're considered a maker and may qualify for lower fees. On the other hand, if you place an order that takes liquidity from the order book, you're considered a taker and may pay higher fees. The fee percentages for makers and takers can be found in Binance US's fee schedule.
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• muratMar 31, 2022 · 3 years ago
  When it comes to trade fees for digital currency trades on Binance US, it's important to understand that Binance US is a separate entity from Binance. While they share the same technology and liquidity, Binance US operates independently and has its own fee structure. So, the fee calculation for Binance US may differ from that of Binance. If you're specifically interested in Binance US's fee structure, you can visit their website or contact their customer support for more information.
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