Market Cap: $3.1573T -0.810%
Volume(24h): $91.5286B -30.560%
Fear & Greed Index:

35 - Fear

  • Market Cap: $3.1573T -0.810%
  • Volume(24h): $91.5286B -30.560%
  • Fear & Greed Index:
  • Market Cap: $3.1573T -0.810%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

how much binance trading fees

For spot trading, makers (who add liquidity to the market) with VIP Level 1 status pay a reduced fee of 0.09% compared to takers, who pay a flat rate of 0.10%.

Oct 28, 2024 at 08:32 pm

Binance Trading Fees: A Comprehensive Guide

Binance, the world's leading cryptocurrency exchange, offers a wide range of trading options with varying fee structures. Understanding these fees is crucial for effective trading decisions.

1. Spot Trading Fees

Maker Fees:

  • 0.10% for VIP Level 0 (Tier 1)
  • 0.09% for VIP Level 1 (Tier 2)
  • 0.08% for VIP Level 2 (Tier 3)
  • 0.075% for VIP Levels 3-5 (Tier 4-6)

Taker Fees:

  • 0.10% for all VIP levels

2. Margin Trading Fees

Maker Fees:

  • 0.02% for tokens with a borrow rate of less than 50%
  • 0.04% for tokens with a borrow rate of 50% or more

Taker Fees:

  • 0.04% for all tokens

Spread Fees:

  • Varies based on market conditions

3. Futures Trading Fees

Maker Fees:

  • -0.02% for market makers (up to 30% discount)
  • 0.02% for all other traders

Taker Fees:

  • 0.04% for all traders

4. Options Trading Fees

Option Premium:

  • The price paid by the option buyer is the premium, which includes the option fee.

Option Fee:

  • 0.03%-0.06% of the underlying asset value, depending on the option type and expiration date.

5. P2P Trading Fees

Maker Fees:

  • 0% for posting Buy/Sell ads
  • 0.01% for completing P2P trades

Taker Fees:

  • 0.06% for completing P2P trades

6. Cryptocurrency Withdrawal Fees

Binance charges a withdrawal fee for each cryptocurrency. The fee varies depending on the token and withdrawal method. A complete list of withdrawal fees is available on Binance's website.

Factors Affecting Trading Fees

  • VIP Level: VIP traders with higher trading volumes qualify for lower maker and taker fees.
  • Token Volatility: Trading fees may vary slightly during periods of high market volatility.
  • Liquidity: Trading fees are lower for tokens with higher liquidity.

Conclusion

Binance's trading fees are generally competitive within the cryptocurrency industry. By understanding the different fee structures, traders can optimize their trading strategies to minimize costs and maximize profits. It's recommended to refer to Binance's website for the most up-to-date fee information.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

How to buy coins on Binance mobile version

How to buy coins on Binance mobile version

Feb 04,2025 at 07:36pm

Key Points:Set up a Binance accountFund your Binance accountFind the coin you want to buyCreate a buy orderReview and confirm your orderStep-by-Step Guide:1. Set Up a Binance AccountDownload the Binance app from the App Store (iOS) or Google Play Store (Android).Create an account by providing your email address, password, and phone number.Verify your id...

How to view the market value ranking on Binance

How to view the market value ranking on Binance

Feb 03,2025 at 09:42am

Key PointsBinance is one of the leading cryptocurrency exchanges in the world.Binance provides a variety of features, including the ability to view the market value ranking of cryptocurrencies.The market value ranking is a list of cryptocurrencies, sorted by their total market capitalization.The market capitalization of a cryptocurrency is calculated by...

How to trade after recharging on Binance

How to trade after recharging on Binance

Feb 03,2025 at 09:36pm

Key PointsUnderstand the Binance platform and its features.Fund your Binance account through various methods.Choose the right trading pair and order type.Monitor your trades and adjust your strategy as needed.Explore advanced trading options for increased efficiency.Detailed Guide on How to Trade After Recharging on Binance1. Understanding the Binance P...

How to create an address for withdrawal from Binance

How to create an address for withdrawal from Binance

Feb 05,2025 at 12:31am

Key Points:Understand the concept of cryptocurrency addressesGenerate a new address for withdrawal on BinanceVerify the address before withdrawing fundsSecurely store your cryptocurrency addressesMonitor your withdrawal transactionsHow to Create an Address for Withdrawal from Binance1. Understand Cryptocurrency AddressesA cryptocurrency address is a uni...

How to recharge Binance with QR code

How to recharge Binance with QR code

Feb 03,2025 at 10:36pm

Key Points:Utilize Binance's QR code for a seamless recharge experienceUnderstand the process of generating a QR code for Binance depositsIdentify various methods for recharging Binance through QR codesExplore the advantages and security aspects of using QR codes for Binance rechargesComprehensive Guide to Recharging Binance with QR CodeStep 1: Generati...

How to buy spot from Binance

How to buy spot from Binance

Feb 04,2025 at 05:24pm

Key Points:Understand the concept of spot trading on Binance.Create a Binance account and complete KYC verification.Fund your Binance account with supported currencies.Navigate the Binance spot trading interface.Place a spot trading order: Market order or limit order.Manage your spot trading portfolio and track orders.How to Buy Spot from Binance: A Com...

How to buy coins on Binance mobile version

How to buy coins on Binance mobile version

Feb 04,2025 at 07:36pm

Key Points:Set up a Binance accountFund your Binance accountFind the coin you want to buyCreate a buy orderReview and confirm your orderStep-by-Step Guide:1. Set Up a Binance AccountDownload the Binance app from the App Store (iOS) or Google Play Store (Android).Create an account by providing your email address, password, and phone number.Verify your id...

How to view the market value ranking on Binance

How to view the market value ranking on Binance

Feb 03,2025 at 09:42am

Key PointsBinance is one of the leading cryptocurrency exchanges in the world.Binance provides a variety of features, including the ability to view the market value ranking of cryptocurrencies.The market value ranking is a list of cryptocurrencies, sorted by their total market capitalization.The market capitalization of a cryptocurrency is calculated by...

How to trade after recharging on Binance

How to trade after recharging on Binance

Feb 03,2025 at 09:36pm

Key PointsUnderstand the Binance platform and its features.Fund your Binance account through various methods.Choose the right trading pair and order type.Monitor your trades and adjust your strategy as needed.Explore advanced trading options for increased efficiency.Detailed Guide on How to Trade After Recharging on Binance1. Understanding the Binance P...

How to create an address for withdrawal from Binance

How to create an address for withdrawal from Binance

Feb 05,2025 at 12:31am

Key Points:Understand the concept of cryptocurrency addressesGenerate a new address for withdrawal on BinanceVerify the address before withdrawing fundsSecurely store your cryptocurrency addressesMonitor your withdrawal transactionsHow to Create an Address for Withdrawal from Binance1. Understand Cryptocurrency AddressesA cryptocurrency address is a uni...

How to recharge Binance with QR code

How to recharge Binance with QR code

Feb 03,2025 at 10:36pm

Key Points:Utilize Binance's QR code for a seamless recharge experienceUnderstand the process of generating a QR code for Binance depositsIdentify various methods for recharging Binance through QR codesExplore the advantages and security aspects of using QR codes for Binance rechargesComprehensive Guide to Recharging Binance with QR CodeStep 1: Generati...

How to buy spot from Binance

How to buy spot from Binance

Feb 04,2025 at 05:24pm

Key Points:Understand the concept of spot trading on Binance.Create a Binance account and complete KYC verification.Fund your Binance account with supported currencies.Navigate the Binance spot trading interface.Place a spot trading order: Market order or limit order.Manage your spot trading portfolio and track orders.How to Buy Spot from Binance: A Com...

See all articles

User not found or password invalid

Your input is correct