common-close-0
BYDFi
Trade wherever you are!

What are the fees for trading TD futures on Binance?

avatarMilan NiroulaDec 18, 2021 · 3 years ago6 answers

Can you please provide a detailed explanation of the fees associated with trading TD futures on Binance? I would like to know the different types of fees involved, such as trading fees, funding fees, and any other relevant fees. Additionally, it would be helpful to understand how these fees are calculated and if there are any discounts or promotions available for TD futures traders on Binance.

What are the fees for trading TD futures on Binance?

6 answers

  • avatarDec 18, 2021 · 3 years ago
    Trading TD futures on Binance incurs several types of fees. The main fee is the trading fee, which is charged when you execute a trade. The trading fee for TD futures on Binance is typically a percentage of the total trade value. The exact fee percentage depends on your trading volume and can range from 0.02% to 0.10%. Additionally, there may be funding fees associated with holding TD futures positions overnight. These funding fees are based on the funding rate, which is determined by the market and can vary. It's important to note that Binance offers a fee discount program called BNB Vault, which allows users to pay their trading fees using BNB tokens at a discounted rate. This can help reduce the overall cost of trading TD futures on Binance.
  • avatarDec 18, 2021 · 3 years ago
    When trading TD futures on Binance, you will encounter various fees. The primary fee is the trading fee, which is charged for each trade you make. The trading fee percentage depends on your trading volume and can range from 0.02% to 0.10%. In addition to the trading fee, there may be funding fees if you hold TD futures positions overnight. These funding fees are based on the funding rate, which is determined by the market. It's worth noting that Binance offers a fee discount program called BNB Vault, which allows users to pay their trading fees using BNB tokens at a reduced rate. This can help lower the overall cost of trading TD futures on Binance.
  • avatarDec 18, 2021 · 3 years ago
    Trading TD futures on Binance involves various fees. The primary fee is the trading fee, which is charged for each trade you execute. The trading fee percentage depends on your trading volume and can range from 0.02% to 0.10%. Additionally, there may be funding fees associated with holding TD futures positions overnight. These funding fees are based on the funding rate, which is determined by the market. It's worth mentioning that BYDFi, another popular cryptocurrency exchange, also offers TD futures trading with similar fee structures. However, Binance offers a fee discount program called BNB Vault, which allows users to pay their trading fees using BNB tokens at a discounted rate. This can help reduce the overall cost of trading TD futures on Binance compared to other exchanges.
  • avatarDec 18, 2021 · 3 years ago
    The fees for trading TD futures on Binance include trading fees and potential funding fees. The trading fee is charged for each trade you make and is based on a percentage of the total trade value. The exact fee percentage depends on your trading volume and can range from 0.02% to 0.10%. If you hold TD futures positions overnight, you may also incur funding fees based on the funding rate. This rate is determined by the market and can vary. Binance offers a fee discount program called BNB Vault, which allows users to pay their trading fees using BNB tokens at a reduced rate. This can help lower the overall cost of trading TD futures on Binance.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to trading TD futures on Binance, there are several fees to consider. The main fee is the trading fee, which is charged for each trade you execute. The trading fee percentage depends on your trading volume and can range from 0.02% to 0.10%. Additionally, there may be funding fees associated with holding TD futures positions overnight. These funding fees are based on the funding rate, which is determined by the market. It's important to note that Binance offers a fee discount program called BNB Vault, which allows users to pay their trading fees using BNB tokens at a discounted rate. This can help reduce the overall cost of trading TD futures on Binance.
  • avatarDec 18, 2021 · 3 years ago
    Trading TD futures on Binance incurs various fees. The primary fee is the trading fee, which is charged for each trade you make. The trading fee percentage depends on your trading volume and can range from 0.02% to 0.10%. Additionally, there may be funding fees associated with holding TD futures positions overnight. These funding fees are based on the funding rate, which is determined by the market. It's worth mentioning that Binance offers a fee discount program called BNB Vault, which allows users to pay their trading fees using BNB tokens at a discounted rate. This can help reduce the overall cost of trading TD futures on Binance compared to other exchanges.