How much does Binance charge for futures trading?

3 answers

• Dec 17, 2021 · 3 years ago
  When it comes to futures trading on Binance, there are a few different types of fees to consider. First, there is a trading fee, which is charged when you enter or exit a position. This fee is typically a small percentage of the total value of your trade. Additionally, there may be funding fees, which are charged periodically to ensure that the prices of perpetual futures contracts closely track the underlying asset. These fees are usually based on the funding rate and are paid by traders who hold positions open during funding intervals. It's important to note that the specific fees and fee structure may vary depending on the contract and market conditions. I recommend checking Binance's website or contacting their customer support for the most up-to-date information.
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• Dec 17, 2021 · 3 years ago
  Binance charges fees for futures trading to cover the costs associated with providing the platform and maintaining liquidity. The fees are typically competitive compared to other exchanges in the industry. The exact fee structure may depend on factors such as your trading volume, the type of contract you are trading, and the market conditions. Binance may offer different fee tiers based on your trading volume, so the more you trade, the lower your fees may be. It's always a good idea to review the fee schedule on Binance's website or reach out to their customer support for detailed information on the current fee structure.
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• Dec 17, 2021 · 3 years ago
  As an alternative to Binance, BYDFi also offers futures trading with its own fee structure. The fees charged by BYDFi may vary from Binance and can depend on factors such as trading volume, contract type, and market conditions. BYDFi aims to provide competitive fees to its users while ensuring a reliable and secure trading experience. To get the most accurate and up-to-date information on BYDFi's fee structure, I recommend visiting their website or contacting their customer support.
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