R u a Maker or a Taker? Every trader must know this difference to save money while trading.
1. What Are Makers and Takers? - Makers are traders who provide liquidity to the market by placing orders that are not immediately matched with existing orders. These orders stay on the order book, helping to "make" the market.
- Takers are traders who remove liquidity from the market by placing orders that are immediately matched with existing orders on the order book. They "take" liquidity from the market.
2. Fee Differences Between Makers and Takers - Binance typically incentivizes makers with lower fees because they help provide liquidity to the platform.
- Maker fees are generally less expensive than taker fees. In some cases, makers can even receive a rebate for providing liquidity.
- Taker fees are usually higher because takers consume the liquidity that makers provide.
3. Why the Fee Difference Matters - The difference in fees encourages more users to place maker orders, which improves market liquidity and trading efficiency.
- For high-volume traders or VIP users, the fee difference can be significant and may impact trading strategies.
- Understanding whether your order is a maker or taker can help you minimize trading costs on Binance.
In summary, makers add liquidity and usually pay lower fees, while takers remove liquidity and typically pay higher fees on Binance.
To know whether funding rates are positive or negative on Binance Futures, here’s what you need to know:
1. Where to Check Funding Rates: - On Binance Futures, you can check the current funding rate directly on the trading interface for each perpetual contract. The funding rate is displayed in real-time, and you will see whether it is a positive or negative percentage.
2. What Positive and Negative Funding Rates Mean: - A positive funding rate means traders holding long positions pay funding fees to traders holding short positions. - A negative funding rate means traders holding short positions pay funding fees to traders holding long positions.
3. How Funding Rates Are Determined: - The funding rate can be either positive or negative, depending on the difference between the perpetual contract price and the spot price, as well as overall market sentiment. When the market is bullish, the funding rate is usually positive. When the market is bearish, the funding rate is usually negative.
In summary: You can always see whether the funding rate is positive or negative by checking the funding rate indicator on the Binance Futures trading page for your selected contract.
Hello beautiful people Todays tip is: Stop dealing Binance trading as a side hustle. Make it ur top priority, Give whole day every day to this app and do ur homework before start any trade.
Hello beautiful people How u all today. Another good day for me here at #BinanceSquareTalks and today had fun with new coin #sahara again
I m earning here daily and seeing many people worried, sad and upset for loosing all there money.
Plz listen i don't want ur money or asking u to follow me. All wana say is to do listen my points. that's all......
1. Stop dealing Binance trading as a side hustle. Make it ur top priority, Ur life and give whole day to this app and do ur homework before start any trade.
2. Like many traders i did the mistake of start the trade and went to bed and later my whole trade was liquidated. So make this app ur Office. No sleep while trading.
3. Use BB and Volume indicators and understand them. They will help u a lot.
4. Plz give time to read chart. Must understand how the candlesticks are working otherwise u will keep loosing money
5. #Binance app gives multiple ways to earn points and money. learn them, use them and make money other than trading.
6. Earn, Simple earn, staking, Play word of the day game, Check in, Referrals, Airdrops and other ways here to make money. Try them all.
7. Don't try to jump big. U and me, we are small traders. Play safe and earn daily. Some day less some day bit more. Try multiple trades in a day if possible .
8. In every trade save some money and buy #bnb cz it will give u money and also #Airdrops and also it's rate will increase with the passage of time.
So share ur views with me here and i will give u more tips to succeed in this field
Ahhhhhh. people love to lie here a lot. any way it's still fun to read there posts 😂
Alexa_king
--
I turned $2 into $316 in just 2 days — and now it’s time for Step 2: turning that $316 into $10,000 in the next 48 hours. This is more than a flip — it’s a mission. Minimal capital. Massive vision. Relentless mindset. Are you watching this unfold — or wishing it was you? Buckle up, because things are about to get intense.
Hi beautiful people : Yet another successful day at future trading. As i said before keep an eye on international news.
Than BB and Volume indicators are enough to understand the trade situation, and than choose to Buy or Sell. And ur journey towards ur dreams will b on fast track
Hi great people . hope u all doing great. Just Wana say if u Wana earn than plz understand BB and Volume indicators. Nothing much needed. Plus keep a close eye on intl news and that's it these tools are enough for u to make a difference in ur life