How can I buy BNB token on Binance and what are the fees involved?
Aaron HoltDec 16, 2021 · 3 years ago1 answers
I'm interested in buying BNB token on Binance, but I'm not sure how to do it. Can you guide me through the process and also let me know about the fees involved?
1 answers
- Dec 16, 2021 · 3 years agoBuying BNB token on Binance is super easy! Just follow these steps: 1. Create a Binance account. 2. Deposit funds into your account. 3. Navigate to the BNB trading page. 4. Select the trading pair you want to use. 5. Enter the amount of BNB you want to buy. 6. Double-check the transaction details. 7. Confirm the purchase. Binance charges a flat fee of 0.1% for each trade. However, if you hold BNB in your account, you can use it to pay for the trading fees and get a discount. The discount starts at 25% and decreases over time. So, it's definitely worth considering holding some BNB in your account to save on fees.
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