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What is the best Binance fee? 2024 Latest Binance Fee List | 0 Fee Tutorial
What is Binance Exchange's transaction fee: a service fee charged from user operations
As the world's largest exchange, Binance makes profits by charging a small "handling fee" from every "operation behavior" of users. That is, no matter whether you are transferring money on the chain, spot trading, opening a contract, staking investment or the latest Binance payment, as long as the operation is successful, you have to pay a small service fee to Binance.
How to pay Binance exchange fees
Currently, Binance's transaction fees are directly deducted from the transaction amount.
For example, if you have 100 USDT (US dollar stablecoin) and want to buy 1 cryptocurrency A worth 1 USD. If you put all 100 yuan in the order, you will only get 99.9 A tokens in the end, because 0.1 USD is taken as a handling fee. Similarly, if you want to transfer out 100 USD of cryptocurrency, you need to have enough spot as a handling fee to transfer out the full 100 USD of cryptocurrency.
As the world's largest exchange, Binance makes profits by charging a small "handling fee" from every "operation behavior" of users. That is, no matter whether you are transferring money on the chain, spot trading, opening a contract, staking investment or the latest Binance payment, as long as the operation is successful, you have to pay a small service fee to Binance.
How to pay Binance exchange fees
Currently, Binance's transaction fees are directly deducted from the transaction amount.
For example, if you have 100 USDT (US dollar stablecoin) and want to buy 1 cryptocurrency A worth 1 USD. If you put all 100 yuan in the order, you will only get 99.9 A tokens in the end, because 0.1 USD is taken as a handling fee. Similarly, if you want to transfer out 100 USD of cryptocurrency, you need to have enough spot as a handling fee to transfer out the full 100 USD of cryptocurrency.
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2024 Binance Registration Guide: How to start your digital asset trading journey. (With a complete tutorial on China registration)
In recent years, the rapid development of digital currency and blockchain technology has attracted more and more investors and enthusiasts to join this emerging industry. To buy, trade and invest in digital currency, the first step is to register an account on a reliable exchange. Among them, Binance is undoubtedly one of the most well-known and trusted digital asset trading platforms in the world. Today, let's go to Binance and see how to complete the registration step by step and start your digital asset trading journey.
1. Introduction to Binance
Binance is a digital currency trading platform founded by Changpeng Zhao (CZ) in 2017. It has quickly become one of the industry's leading platforms with reliable technology, high-quality services, and a wide variety of products. As of 2023, Binance has more than 30 million registered users worldwide, with an average daily trading volume of US$2 billion. It supports transactions between fiat currencies and nearly 200 digital currencies, and provides users with diversified services such as spot, contracts, leverage, and decentralized finance (DeFi).
1. Introduction to Binance
Binance is a digital currency trading platform founded by Changpeng Zhao (CZ) in 2017. It has quickly become one of the industry's leading platforms with reliable technology, high-quality services, and a wide variety of products. As of 2023, Binance has more than 30 million registered users worldwide, with an average daily trading volume of US$2 billion. It supports transactions between fiat currencies and nearly 200 digital currencies, and provides users with diversified services such as spot, contracts, leverage, and decentralized finance (DeFi).