![]() ![]() Likewise, when it comes to withdrawing funds, Binance offers more diverse options for fiat currency withdrawals, while BingX only allows crypto withdrawals. In terms of trading fees, Binance offers lower fees on spot trading and futures maker trading unless we are talking about large cap coins, in which case BingX matches Binance.īingX's futures leverage option allowing up to 150X makes it a platform for more sophisticated traders while Binance offers up to 100X leverage.īinance has a more extensive range of fiat deposit and withdrawal options available. 20 fee discount on spot trades This will open your Binance account with a 20 fee discount. While Binance offers a comprehensive suite of products ranging from spot trading to decentralized finance, staking, and NFT marketplace, BingX is recognized for its focus on crypto trading products such as spot and futures trading for novice and experienced traders alike. In this case, we would be paying the taker fees, which, according to our crypto exchange fees calculator, will be 0.00307 FTT. You can find more information on trading fee rates here. Accordingly, Binance does not care about whether you are a taker or a maker. On the other hand, BingX does not request this kind of verification for users who only want to deposit cryptocurrencies and trade What is Binance Spot trading fee You need to pay a trading fee for every successful trade on the Binance Spot market. Binance offers a flat trading fee of 0.10. These include the spot price, the market. Both exchanges support a wide range of over 300 cryptocurrencies such as Bitcoin, Ethereum and many others.īinance is a well-established exchange that requires users to go through a KYC process before trading. There are three important aspects to take into consideration when understanding spot trading on the Binance Exchange. Binance, the world’s leading centralized crypto exchange, has announced zero maker fees on all TUSD spot and margin trading pairs. With Binance having over 120 million users worldwide, it has the highest liquidity of any exchange globally frequently handling daily spot trading volumes exceeding $10 billion. The move announced Wednesday by Binance.US, the U.S. BingX and Binance are two of the most popular cryptocurrency exchanges around the world, with millions of users and a wide range of trading services available. Cryptocurrency exchange Binance.US said it is eliminating fees on spot bitcoin trading for all customers. What are the Trading Fees on Binance.US Binance.
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