#CryptoFees101 you're trading on Binance, knowing the fees is key to keeping your profits high.
๐น Spot Trading Fees:
Standard is 0.1% per trade. But if you pay using BNB (Binance Coin), you get a 25% discount, bringing it down to 0.075%.
๐น Futures Trading:
Maker Fee: 0.02%
Taker Fee: 0.04%
Using BNB also gives you a discount here.
๐น Withdrawal Fees:
These vary depending on the coin. For example, ETH might cost over $1, while TRX or XRP could be much cheaper. Always check the fee before confirming