Binance usd fees8/6/2023 This way you will be charged a 0.075% fee in BNB instead of 0.10% when you make a spot trade on Binance. If you’ve enabled the option to use BNB to pay for fees in your Binance account, you can receive a 25% fee discount. Notice that you also need BNB (at least 25 BNB) in your wallet besides adequate trading volume to level up and enjoy lower trading fees. To upgrade to VIP 1 level, you need to trade 1M BUSD worth of crypto on the spot exchange or 15M BUSD on the futures exchange. In addition to a 20% fee discount on spot fees, you will also get a 10% fee discount on futures fees.įor example, my trading volume on the spot exchange in the last 30 days is below 1M BUSD as you can see in the image below, so I will be charged a 0.10% trading fee for both maker and taker orders as a VIP 0 / regular user. If you don’t have a Binance account, you can click this link or use the referral ID ”WRYOO8BZ” to open your Binance account with a 20% fee discount. To calculate the fee you will pay, you should first know your trading volume in the last 30 days, which you can check out on this page if you have a Binance account. Well, what do these rates exactly mean? How can you calculate the fee you will pay when you make a trade on Binance?Įven though understanding and calculating Binance fees are not a big deal for most traders, it might be still a bit confusing especially for beginners. The table below shows the trading fee that you will be charged when you make a spot trade on Binance depending on your trading volume in the last 30 days: 30d Volume &/or BNB Balance In this guide, I will give you an overview of Binance fees and show you how to calculate and reduce Binance fees. ![]() So, if you do more than just trade spot markets on Binance, you should know about these fees too. There are also various other markets, products and types of trading activities you can engage in on Binance such as futures markets, leveraged tokens and margin trading.Įach comes with a different fee structure. You can set Binance as your preferred withdrawal method and enable auto-pay to withdraw automatically to Binance every payday.Binance’s fee structure might look a bit complex to beginners at first.īut it is actually very easy to understand how Binance fees work and learn how to calculate Binance fees.īinance has a simple trading fee structure with fees starting from 0.10% for spot markets. See: How do I find my Binanace Pay ID?Ĭongratulations! Binance is now available in your saved Withdrawal Methods. You can find your Binance Pay ID on the Binance website. If you need to use a different email address please contact us. The email address registered to Binance must match the email address registered with Deel. ✅ Step 3 - Add your email address and Binance Pay ID (1) Go to Account Settings, (2) Select the Withdrawal Methods tab, and (3) click Add Method. How to set up withdrawals with Binance ✅ Step 1 - Add a new withdrawal method Please see: How Do I Find My Binance Pay ID? Please contact us if you would like to use another email address. Unfortunately this withdrawal method is not compatible with at this time.īoth your Deel and Binance accounts must be registered to the same email address. ![]() This withdrawal method is only available to independent contractors using the Binance International platform. You can withdraw your funds directly to the Binance platform. Use Binance to withdraw your funds in BUSD - Binance's US dollar-backed stablecoin. This article explains how to use Binance to withdraw your Deel balance.
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