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Are there any fees associated with trading perpetual futures on Binance US?

avatarmjj4884Nov 28, 2021 · 3 years ago3 answers

Can you please provide information about the fees associated with trading perpetual futures on Binance US? I am interested in knowing the costs involved before I start trading.

Are there any fees associated with trading perpetual futures on Binance US?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, there are fees associated with trading perpetual futures on Binance US. When you open a position, you will be charged a funding fee, which is a small percentage of the contract value. Additionally, there may be a taker fee and a maker fee, depending on your trading activity. It's important to review Binance US's fee schedule for the most accurate and up-to-date information.
  • avatarNov 28, 2021 · 3 years ago
    Trading perpetual futures on Binance US does involve fees. These fees help cover the costs of maintaining the platform and providing liquidity. The specific fees may vary depending on factors such as your trading volume and the type of order you place. It's always a good idea to check the fee schedule on Binance US's website for the most current information.
  • avatarNov 28, 2021 · 3 years ago
    Yes, there are fees associated with trading perpetual futures on Binance US. The fees include a funding fee, which is charged every 8 hours, and a taker fee and maker fee, which are charged based on your trading activity. The funding fee is used to ensure that the perpetual futures market price closely tracks the underlying spot market price. For more detailed information, you can refer to the Binance US website or contact their customer support.