What are the fees associated with trading on Binance in the US?

1 answers

• Dec 15, 2021 · 3 years ago
  When trading on Binance in the US, you will encounter various fees. The main fee is the trading fee, which is charged for each trade you make. The trading fee is based on your trading volume and can range from 0.1% to 0.2%. Binance also charges a withdrawal fee when you transfer your funds from Binance to another wallet or exchange. The withdrawal fee varies depending on the cryptocurrency you are withdrawing. Binance does not charge any deposit fees for funding your account. However, your bank or payment provider may charge fees for depositing funds into your Binance account. It's important to note that Binance offers a tiered fee structure, where the trading fee decreases as your trading volume increases. This means that the more you trade, the lower your trading fee will be. Binance occasionally offers promotions and discounts for frequent traders or high-volume traders. These promotions can include reduced trading fees or other incentives. It's always a good idea to check Binance's website or follow their official social media channels for the latest promotions and discounts.
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