What are the fees for selling less than 10 on Binance?
suhasi vayuvoyDec 17, 2021 · 3 years ago3 answers
Can you please provide information about the fees associated with selling less than 10 units of a cryptocurrency on Binance? I am interested in understanding the costs involved in selling small amounts on the platform.
3 answers
- Dec 17, 2021 · 3 years agoWhen selling less than 10 units of a cryptocurrency on Binance, you will be subject to a trading fee. The fee structure on Binance is based on your trading volume and BNB holdings. The fees range from 0.1% to 0.02% per trade, depending on your trading volume. Additionally, if you hold BNB (Binance Coin), you can use it to pay for trading fees and receive a discount. The fee discount decreases over time, so make sure to check the latest fee schedule on the Binance website.
- Dec 17, 2021 · 3 years agoSelling small amounts of cryptocurrency on Binance incurs a trading fee. The fee is calculated based on your trading volume and can range from 0.1% to 0.02% per trade. It's important to note that if you hold BNB (Binance Coin), you can use it to pay for trading fees and receive a discount. The discount starts at 25% in the first year and decreases gradually over time. To get the most up-to-date fee schedule, I recommend visiting the Binance website.
- Dec 17, 2021 · 3 years agoWhen you sell less than 10 units of a cryptocurrency on Binance, you will be charged a trading fee. The fee is based on your trading volume and can vary from 0.1% to 0.02% per trade. If you hold BNB (Binance Coin), you can use it to pay for the trading fees and get a discount. However, please note that the fee discount decreases over time. For the latest fee structure, you can refer to the Binance website. Please note that this information is subject to change, so it's always a good idea to double-check on the official platform.
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