Binance has a simple trading fee structure with fees starting from 0.1% for spot markets. There are also various other markets, products and types of trading activities you can engage in on Binance such as futures markets, leveraged tokens and margin trading. Each comes with a different fee structure.
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Your fee without applying BNB discount will be calculated as follows: 7000 x 0.1% (0,001) = $7. If you apply BNB discount and you hold fewer than 50 Binance Coins and your 30-day trading volume is less than 100 BTC, your trade commission will be as follows: 7000 x 0.075% (0,00075) = $5.25 (both maker and taker).
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Fees charged by Binance to each tier as of 2021. You can see the full trading fee rates on Binance here. Note: You will notice in the last column that Binance offers further discounts to its affiliates for successful referrals amounting to an additional 25% and a 20% kickback discount. Add up all these discounts, and you end up paying as low as 0.012%/0.024% maker/taker fees when the average prices across other competing platforms are 0.25%.
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Commission fee = notional value x fee rate. Notional value = (number of contracts x contract size) / trade price. For example, VIP0 marker commission: 0.015%; taker commission: 0.040%. Buy 10 BTCUSD 0925 quarterly contract using Market order: Notional value = (number of contracts x contract size) / opening price.
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Fee Schedules for Trading on the Binance Exchange. VIP trade volume levels are measured on the basis of the spot trading volume, or whether the futures trading volume meets the standard (Futures trading volume includes USDS-M futures and COIN-M futures).
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Binance Spot Market Fees. The Binance spot market base commission is 0.1% per maker and per taker. When using BNB to pay commission, the trader gets a 25% discount and pays 0.075% commission. When using BNB and a referral link, the trader receives a maximum discount of 40% and pays a 0.06% commission.
There are no fees for crypto deposits. Trading Fees. If you do not use BNB (Binance Coin) to pay your trading fees, each trade will carry a standard fee of 0.1%. Using BNB for transaction fees applies a discount to your trading fee. By default, if you hold BNB in your account, your trading fees will be automatically subtracted from your BNB balance.
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Trading Fees Deposit & Withdrawal Fees Trading Fees General: 0.1% spot trading fee; 0.5% Buy/Sell Crypto fee. By default, if you hold BNB in your account, your trading fees will be automatically deducted from your BNB balance. You get a 25% discount (subject to change) from your trading fee if you use BNB to pay for trading fees. Read more
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