follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: How to Calculate Binance Fees?  (Read 622 times)

Offline Fariwala

  • Sr. Member
  • *
  • *
  • Activity: 367
  • points:
    4362
  • Karma: 4
  • BITGAME - Blockchain Betting Platform
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: July 04, 2022, 03:46:26 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
How to Calculate Binance Fees?
« on: February 24, 2021, 07:07:10 AM »
Binance Fees Explained  Binance’s fee structure might look a bit complex to beginners at first. But it is actually very easy to understand how Binance fees work and calculate Binance fees.  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. So, if you do more than just trade on spot markets on Binance, you should know about these fees too.  In this guide, I’ll give you an overview of Binance fees and show you how to calculate and reduce Binance fees.  Binance spot fees The table below shows the trading fee that you will be charged when you trade on spot markets depending on your trading volume in the last 30 days:  30d Trade Volume (BTC) &/or BNB Balance   Maker   Taker < 50 BTC or ≥ 0 BNB   0.10%   0.10% ≥ 50 BTC & ≥ 50 BNB   0.09%   0.10% ≥ 500 BTC & ≥ 200 BNB   0.08%   0.10% Well, what do these rates exactly mean? How can you calculate the fee you will pay when you make a trade?  Even though understanding and calculating Binance fees are not a big deal for most traders, it might be a bit confusing for especially beginners.  To calculate the fee you’ll pay, you should first know your trading volume in the last 30 days, which you can check out on this page if you have a Binance account.  For example, my trading volume in the spot markets in the last 30 days is below 50 BTC as you can see in the image below, so I will be charged a 0.10% trading fee for both maker and taker orders.    Notice that you also need at least 50 BNB in your wallet besides adequate trading volume to level up and enjoy lower trading fees.

More info: https://dappgrid.com/binance-fees-explained-fee-calculation/#:~:text=When%20you%20make%20a%20trade%20with%20200%20USDT%2C%200.2%20USDT,is%200.10%25%20in%20this%20case.
                  ▄▄▄▄▄▄ ████▄██▄ █████████
████████ ████████ ███████▄██ █████▄ ███████
██████████████   ████████ ▀▀ ███████▄███████
████████████████████████         ████ █        ▄▄▄▄ ▄▄    ▄▄▄▄
██████████████████████████         █████         █████   █████▄▄█████████▄█████▄▄▄██████▄
█████████████████████ ██████▄     ██████       ████████   ▄█████████ █████████████████████
▐█████████████████████▄ ██████     ███████      █████▀   ███████████ █████████ ████████████
▐███████████████████████           ███████      ▀██████   ███████████ █████████  █████████▀▀
▐██████████████████████▄          ███████     █▄ ███████  █████████████████    ████████▄
 ████████████████████████▄         ███████     ███▄██████  ██████████ ██████████ ▄▄██████▄
 █████████████████████████         ███████     ████▀▀▀████ ███ ███████████████████████████
 ██
███████████████████████         ███████     ████   ████ ███  █████████████████████████▀
 █████████ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀           ▀▀▀▀▀▀▀     ▀▀▀▀   ▀▀▀▀ ▀▀▀    ▀▀▀ ▀▀▀    ▀▀▀▀▀  ██████▀▀▀
[  PvE Mode  ]   [  PvP Mode  ]   [ Team Battle ]
|   TWITTER   |  TELEGRAM  |   DISCORD   |

Altcoins Talks - Cryptocurrency Forum

How to Calculate Binance Fees?
« on: February 24, 2021, 07:07:10 AM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod