What is the activity assessment fee for trading cryptocurrencies on Binance?

3 answers

• Nov 23, 2021 · 3 years ago
  The activity assessment fee on Binance is a fee charged to traders for their trading activity on the platform. It is calculated based on the trading volume and the average BNB balance held by the trader. The fee is deducted from the trader's BNB balance. The purpose of this fee is to encourage users to hold BNB and to promote active trading on the platform. Traders should consider their trading volume and BNB balance when calculating this fee to understand its impact on their overall trading costs.
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• Nov 23, 2021 · 3 years ago
  The activity assessment fee is a small fee charged by Binance to traders for their trading activity. It is calculated based on the trading volume and the average BNB balance held by the trader. This fee helps to maintain the liquidity of the exchange and incentivizes traders to hold BNB. Traders should keep in mind that the fee can vary depending on their trading volume and BNB balance. It's important to factor in this fee when planning your trading strategy on Binance.
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• Nov 23, 2021 · 3 years ago
  The activity assessment fee for trading cryptocurrencies on Binance is a fee charged to traders based on their trading volume and BNB balance. It is calculated daily and deducted from the trader's BNB balance. The fee is designed to encourage traders to hold BNB and to promote active trading on the platform. It's important for traders to consider this fee when calculating their overall trading costs and to factor it into their trading strategies. Other exchanges may have similar fees, so it's always a good idea to compare fees across different platforms before making trading decisions.
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