What are the commission rates for trading digital currencies on Binance?

3 answers

• Mccormick ColeySep 10, 2020 · 5 years ago
  Sure! When it comes to commission rates for trading digital currencies on Binance, it's important to note that they operate on a tiered fee structure. The fees you pay depend on your trading volume over the past 30 days and whether you hold BNB (Binance Coin) in your account. The more you trade and the more BNB you hold, the lower your fees will be. The lowest tier starts at 0.1% for both maker and taker fees, and it can go as low as 0.02% for high-volume traders with a significant amount of BNB. So, the commission rates on Binance are quite competitive, especially if you are an active trader with a large trading volume and hold BNB in your account.
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• seorepoNov 12, 2021 · 4 years ago
  Commission rates for trading digital currencies on Binance vary depending on your trading volume and whether you hold BNB. Binance offers a tiered fee structure, which means the more you trade, the lower your fees will be. The lowest tier starts at 0.1% for both maker and taker fees. If you hold BNB in your account, you can use it to pay for your trading fees and get a discount. The discount rate decreases over time, but it's still a great way to save on fees. Overall, Binance has competitive commission rates compared to other exchanges in the market.
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• Moesgaard ParrishAug 12, 2020 · 5 years ago
  When it comes to commission rates for trading digital currencies on Binance, they offer a tiered fee structure based on your trading volume and whether you hold BNB. The lowest tier starts at 0.1% for both maker and taker fees. As you increase your trading volume and hold more BNB, your fees decrease. Binance also periodically introduces promotions and discounts on trading fees, so it's worth keeping an eye out for those. Overall, Binance aims to provide competitive commission rates to attract and retain traders on their platform.
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