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

3 answers

• Chirag JethwaniMay 07, 2021 · 4 years 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.
  376

  188
• Jacob AtakoraNov 10, 2021 · 4 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.
  404

  135
• muratNov 28, 2023 · 2 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.
  488

  122