#CryptoFees101 Binance charges fees for each transaction made on its platform, whether it's buying, selling, or exchanging cryptocurrencies. These fees vary depending on the type of user (maker or taker) and the transaction volume over the last 30 days. Generally, the standard fee is 0.1%, but it can be reduced when paying with BNB, Binance's native token. Additionally, there are withdrawal fees, which depend on the asset and the network used. Binance also offers VIP levels that provide additional discounts. Understanding these fees is key to operating efficiently and maximizing returns on cryptocurrency investments.
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