In addition to a 20% fee discount on spot fees, you will also get a 10% fee discount on futures fees.įor example, my trading volume on the spot exchange in the last 30 days is below 1M BUSD as you can see in the image below, so I will be charged a 0.10% trading fee for both maker and taker orders as a VIP 0 / regular user. If you don’t have a Binance account, you can click this link or use the referral ID ”WRYOO8BZ” to open your Binance account with a 20% fee discount. To calculate the fee you will 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. Well, what do these rates exactly mean? How can you calculate the fee you will pay when you make a trade on Binance?Įven though understanding and calculating Binance fees are not a big deal for most traders, it might be still a bit confusing especially for beginners. The table below shows the trading fee that you will be charged when you make a spot trade on Binance depending on your trading volume in the last 30 days: 30d Volume &/or BNB Balance In this guide, I will give you an overview of Binance fees and show you how to calculate and reduce Binance fees. So, if you do more than just trade spot markets on Binance, you should know about these fees too. 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.Įach comes with a different fee structure. Binance’s fee structure might look a bit complex to beginners at first.īut it is actually very easy to understand how Binance fees work and learn how to calculate Binance fees.īinance has a simple trading fee structure with fees starting from 0.10% for spot markets.
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