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Hitora
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This is how Futures trading work. Those who are in favor of the market gets money from those who are not.
Shubh_am_castic
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Bullish
what type of trading fees is that 🤣🤣🤣
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Hitora
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Binance blocked your account from buying. You should contact the costumer support.
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0.1% on buy orders and 0.1% on sell orders, so in total 0.2% is the cost. And keep in mind, that you trade with a maximum of .00000 of an asset not .00000000 like hold in your spot
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While you can have 0.00000001 part of a coin in your wallet, the trading happens at minimum 0.00001 part of a coin. Plus this 0.00001 part has to be equal to either 5$ or 10$.
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Every Spot trading pair has a trade minimum, usually between 5-10$. But if you want to stop owning BIO then you can convert it to BNB in the Spot wallet for a costly price.
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You still have to report it, but won't pay any taxes on it because it can be deducted from the cost of the asset.
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