Binance has always been known for its low transaction fees and rich contract discounts. Compared with other exchanges, using Binance will significantly save transaction fees on contract transactions and spot transactions.
Binance spot trading fee rate: unified at 0.1%
Spot transaction fees are mainly charged for placing orders and taking orders.
Spot fee calculation: Transaction quantity × transaction fee rate
Take BTC/USDT trading pair as an example
Assuming the current BTC price is $70,000, traders can buy/sell 0.5 BTC with 35,000 USDT
Special note: There is no handling fee for BTC/FDUSD and FDUSD/USDT. Simply put, using FDUSD to buy BTC does not require any expenses.
Binance Futures Trading Fees: Hold BNB to get a 10% discount
The transaction fee for futures contracts on Binance is only incurred when the order is executed. The transaction fee will be deducted from the available balance in the account and will not affect the margin of the order.
Maker (order placing): handling fee rate 0.02%
Taker: 0.05% handling fee
Fee Calculation Method
Handling fee = order value × handling fee rate
Order value = currency quantity × opening price
If you have a handling fee rebate, you can get more discounts on this basis.
You just need to fill in an invitation code from the recommender when registering an account, and you can do it whenever you want.
