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Do I have to pay fees for trading futures on Binance?

avatarRakesh Ranjan PradhanDec 18, 2021 · 3 years ago3 answers

I'm interested in trading futures on Binance. Can you please tell me if there are any fees associated with trading futures on Binance? I want to understand the cost involved before I start trading.

Do I have to pay fees for trading futures on Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees for trading futures on Binance. Binance charges a trading fee for both makers and takers. The fee structure is based on your 30-day trading volume and BNB holdings. The higher your trading volume and BNB holdings, the lower the fees you'll pay. You can find the detailed fee schedule on Binance's website.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Trading futures on Binance comes with fees. Binance has a transparent fee structure that is designed to be competitive in the market. The fees are based on your trading volume and BNB holdings. The more you trade and the more BNB you hold, the lower your fees will be. Make sure to check Binance's fee schedule for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees for trading futures on Binance. Binance offers a tiered fee structure, which means the more you trade, the lower your fees will be. Additionally, if you hold BNB, Binance's native cryptocurrency, you can use it to pay for trading fees and get a discount. Binance's fee schedule is available on their website, where you can find all the details.