Binance VS BingX Trading Fees
Cryptocurrency trading operates on exchanges, similar to trading on a stock exchange, but limited to cryptocurrencies. Many exchanges use a tiered fee structure based on a percentage of the user's 30-day trading volume. It is important to understand the fees associated with trading cryptocurrency to create profit-maximizing strategies.
Exchange fees for cryptocurrency can vary significantly between exchanges. Some charge a flat fee for all trades, while others charge a percentage of the trade amount. Some exchanges also offer discounts for users who hold certain memberships or trade large volumes.
Binance charges a maker fee of 0.1% and a taker fee of 0.1% for most trades, with discounts available for users who hold the exchange's native token (BNB) or trade large volumes. BingX charges a maker fee of 0.075% and a taker fee of 0.075% for most trades.
Please see the table below for a quick overview:
Exchange/ Fees
Binance
BingX
Maker Fee
0.1%
0.075%
Taker Fee
0.1%
0.075%
It is important to note that these fees are subject to change and to check the current fee schedule for the exchange you are considering using. It is also a good idea to compare fees across exchanges to find the one with the most competitive rates.
Tags
Comment / Reply From
You May Also Like
Popular Posts
Stay Connected
Newsletter
Subscribe to our mailing list to get the new updates!
Categories
- Science and Technology (4888)
- Health & Science (5339)
- Jobs (256)
- Sex & Relationships (2807)
- Movies & Animation (7833)
- Comedy (501)
- Travel and Events (731)
- Gaming (1928)
- Work Life (528)
- History and Facts (1997)
- Places and Regions (567)
- People and Nations (1753)
- Pets and Animals (538)
- Cars and Vehicles (630)
- News and Politics (5877)
- Others (7980)
- Economics and Trade (4429)
- Education (6279)
- Life Style (5748)
- Arts & Entertainment (3157)
- Opinions (817)
- Real estate & Properties (170)
- Shipping & Logistics (89)
- Politics & Leadership Show (49)
- Sports Show (0)
- DFTUntoldStories (1)
- Palscity Show (1)
- Celebrities (223)
- Business (4630)
- Digitally Fit Show (1)
- Entertainment & Lifestyle Show (6)
- Business Show (3)
- In The Morning Show (1)
- DFT Reels & Shorts (17)
- Natural & Food (1889)
- People and Culture (92)
- Sports (4120)
- Fashion (211)
- Gossip (141)
- Music (440)