All this can add up quite a bit, depending on how active you are on the platform or with which positions you trade. For futures, as a maker you pay only 0.017% and as a taker only 0.034%. For market orders you pay only 0.425% instead of 0.5%. Instead of 0.1% you pay only 0.085% on each trade. You can also just click here and get the 20% in a new account. In the Spot Market, this would be 20% of the 0.1% you save on each trade for limit orders. Click on the coupon, sign up for a new account at Binance, and get 20% off all your trading fees. The first and most effective way to save on Binance fees is to sign up using the coupon on the left. Tip #1: Save 20% on all your trading fees The maker pays 0.02% of his position while the taker pays double, i.e. Binance Futures Trading Feesįor its derivatives, Binance differentiates between maker and taker and charges different fees for both trade partners. at the push of a button, at the current market price (which changes slightly every second), you pay a whopping 0.5%. If you want to buy or sell immediately, i.e. Everyone pays 0.1% for their limit trade, regardless of whether they were the one who entered their quote into the order book (maker) or the one who took an order out (taker). Limit orders are orders that are executed at a fixed price. However, you have to distinguish between limit and market orders, because the latter are significantly more expensive than limit orders at Binance as well. Here, Binance has a very simple fee structure where it does not differentiate between Maker and Taker.
This is the area ,where cryptocurrencies are bought or sold normally. Here we must first distinguish between Binance’ spot markets and Binance’ derivatives (futures). This means that it is no longer necessary to already be in possession of cryptocurrencies to get started on Binance.īut now let’s get to the core of this article – Binance’s fee structures and how you can save on fees when trading on Binance.Ĭlick here to save 20% on all your Binance trading fees! Several Ways To Save Trading Fees On Binanceįees on Binance are primarily incurred through trades. Now, users can even make SEPA transfers for free. This is new, as Binance previously did not support bank transfers for years. One of the latest innovations is that Binance no longer only allows you to trade cryptocurrencies, but also to buy cryptocurrencies with fiat money or cash them out in fiat money. The company is constantly expanding its offering, which now ranges from trading and various investment options to its own credit card. In this article we want to show Binance’s trading fee structure to everyone who is new to the trading platform and we want to show how you can lower those costs significantly.īinance is the world’s largest crypto trading and service platform, and that is for a reason.
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