Binance follows a maker-taker model. It was initially situated in China; however, it was later moved from there because of China’s strict cryptocurrency laws and currently has its headquarters in Malta. The fees charged by Binance for its futures trading are a bit below industry average, as the standard taker fee is 0.075% and the standard maker fee is 0.025% according to our research. Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trading Fee. Step 1: Open your Futures account with a 10%+10% fee discount. Binance charges a trading fee of 0.1% in spot markets. Futures P&L Analysis Fees. 10% Off. In this article, we will review Binance is the world’s leading cryptocurrency exchange founded by Changpeng Zao (aka CZ) in July 2017. Binance (Futures) is a centralized cryptocurrency exchange. Log In Sign Up. Binance futures are based on a maker and take fee schedule. Luckily, you can pay much lower fees than 0.1% and you don’t need a trading volume of more than 50 BTC to do that. The fee's say 0.0200%/0.0400% Taker and Maker. This is because it comes jam-packed with tools and features. Press question mark to learn the rest of the keyboard shortcuts. As we said; by using our Binance futures referral code you’ll save 10% on your trading fees. These are the lowest futures trading fees we have seen. BNB transferred to futures wallets will only be able to be used for trading fee discounts. I’m talking 150,000 BTC or more. Binance offers fees as low as 0.02% and 0.04% for traders on the futures trading platform. Note: Both fee and referral discount is only valid for 30 days. After the price rises, Sell 10 BTCUSD 0925 quarterly contract using Limit order: Notional value = (number of contracts x contract size) / closing price, Maker commission fee is paid: 0.09 x 0.015% = 0.00001351 BTC. Binance (Futures) volume in the last 24 hours is reported to be at ₿897,529.85 and open interest of ₿182,689.51. Afterward, use ‘cryptopotato’ as your referral code to get 10% on Binance Futures fees for … Buy 10 BTCUSD 0925 quarterly contract using Market order: Notional value = (number of contracts x contract size) / opening price, Taker commission fee is paid: 0.09897 x 0.040% = 0.00003959 BTC. These trading fees can be compared to Bybit which charges -0.025% for maker orders and 0.075% for the taker. The Binance Smart Chain uses BNBs for transaction fees and other functions, and it has been on a tear. Join us. Enjoy increased leverage without risk of liquidation, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Become a liquidity provider & earn double, Binance Futures Trading Fee Discount Program - Save 10% With BNB. The second step involves using the available futures trading platform. For more details, please refer to. There are coins and 157 trading pairs on the exchange. Users will receive a 10% discount on standard trading fees when they use BNB to pay for trading fees on the Binance Futures platform. What is Binance? 10% Off. COIN-M Futures-Handelsgebühr. I'm trading BTCUSDTPERP futures so maker says 0.02% and taker is 0.04%. It is, however, a slightly different story with trades and withdrawals, although these remain among the cheapest in the crypto industry. By using Binance Futures Referral Code FREEDAY get Free 20$ with upto 20% Discount and upto 40% Referral bonus earning from Binance Future Referral on all of your and your friends trading fees. User VIP level and fee rates are updated daily at 02:00 (UTC) to correspond with the fee … Withdrawal Fees. After entering your trade size, enter the Binance fee rate and click the ”calculate” button. Trading Fee. Read below how to create your own Referral code and earn yourself a 20% Bonus. Like Bitmex, Binance also started Leverage Trading Platform naming it Binance Futures.In this article, you will get to know about Binance Futures Referral Code.For each successful referral, you will earn up to 20% of trading fees, paid by your referral to Binance. Das kumulierte 30-tägige Handelsvolumen und das durchschnittliche 24-Stunden-Guthaben werden täglich automatisch um 00:00 Uhr (UTC) berechnet. Trading Fee. One can also save 10% of their future trading fees through sign-ups. 25% Off. All VIPs of spot market are also VIPs on futures market. Cross Collateral-Zinssatz. Sign up on this link to save 10% of your trading fees on your futures trading … You can reduce Binance fees from 0.1% to 0.06% by opening a Binance account … Our withdrawal fees are dynamic and automatically adjusted based on the status of the market. Taker fee: from 0.024%to 0.04%. Cumulative 30-day trading volume and average 24-hour holdings are automatically calculated daily at 00:00 (UTC). The other perk to Binance exchange fees is that they’re cheaper than Coinbase with users paying 0.1% maker or taker fee per transaction. The Binance Smart Chain uses BNBs for transaction fees and other functions, and it has been on a tear. is it 0.02% of my realised gains? https://www.binance.com/en/fee/futureFee. Maker fee: from -0.009% to 0.015%. User account menu. These trades are "taking" volume off of the order book, and therefore called the "taker.". 20% fees kickback is the best one on Binance. Its all-time-high transaction volume of 5 million transactions was … I got that, but my question is of what. As a limited time offer, CryptoPotato and Binance offer new users 20% off on all trading fees using this link to register a new account. The most active trading pair on Binance (Futures) exchange is BTC/USDT. 25% Off. Notional value = number of contracts x trade price, For example, VIP0 marker commission: 0.02%; taker commission: 0.040%. As such, 0.1% trading fees apply to both spot trading and margin trading For example, Coinbase Pro charges 0.5% for any trade, while Bittrex charges 0.2% fee per trade. USDT-Ⓜ Futures-Handelsgebühr. Note: For quarterly delivery contracts, a flat 0.015% of settlement fee is charged for all positions settled on the delivery date. 10% Off. Every day at 0:00 am UTC, your trading volume (BTC) over thirty days, and BNB Balance is updated. 7. Binance (Futures) is established in year 2019. Its all-time-high transaction volume of 5 million transactions was … If you’re having a huge social influence try out the Binance Futures Affiliates Program and earn up to 72,000 USDT in Bonuses. Update 4/10/2020: Currently the platform has updated many other eternal futures contracts such as: BCH, XRP, EOS, .. Transaction fees on Binance Futures Become a Binance Futures Affliate and earn up to 40% on trading fees. 5.9k. Doing so gets you a 25% discount on all of your trading fees. I contacted binance support a couple days ago for a further explanation on their usdt futures fees. Test your trading skills and battle with other traders to win points. You’ll pay 2% for the pleasure and most card types are supported. Enjoy increased leverage without risk of liquidation, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Become a liquidity provider & earn double. Close. It still pays makers for its quarterly futures contract but charges a small fee for its perpetual futures contract. 235k. (Futures in detail) Please, use this referral code or link while creating a new Binance account to get a 20% discount on fees … Hi Team, I have used futures today for the first time and read up on the fees before hand. Margin Borrow Interest Rate. Trading Fee. ... J to jump to the feed. With this contract the user can customize the leverage from x2 up to x1 times. Enjoy more benefits with BNB fee deductions for the following transactions, Fast and secure decentralized digital asset exchange, USDⓈ margined with no expiration and up to 125x leverage, Token margined with or without expiry dates and up to 125x leverage. Binance Trading Fees. Users will need to transfer BNB from their exchange wallet to their futures wallet to receive the 10% discount. Fees are lower for “maker” trades (which add liquidity to the order book before execution), or for users with large monthly trading volumes. Join us. Its trading fees are below the industry average, with the standard taker fee starting at 0.075% and the standard maker fee at 0.025%. On November 28, 11, the 2019nd eternal futures contract - ETH / USDT was launched on Binance Futures. To check your trading fee rate, please click, Trades from Market orders are always Takers, as Market orders can never go on the order book. 0.02% of the capital put up for the trade? Along with that you’ll get 10% from your own trades which is shared from our referral bonus; that makes up a total of 20% discount. Hey y'all, just trying to understand fees a bit better. User VIP level and fee rates are updated daily at 02:00 (UTC) to correspond with the fee schedule in the table below. 0.02% of price action while the trade is open? Bybit charges a flat fee and doesnt have VIP levels or other rebates. Binance USDT futures fees are charged when you trade the COIN futures. For Margin trading fees and data, please refer to the Margin Data page. Margin Borrow Interest Rate. Or if you will sell 3 ETH for Bitcoin, enter ”3” as your trade size. Hey Does anyone know if the futures P&L analysis total profit includes the fees you've paid? Binance takes a 0.1% cut of every trade that takes place on its trading platform, making it one of the cheaper crypto exchanges on the web. Enjoy more benefits with BNB fee deductions for the following transactions. Commission fee = notional value x fee rate, Notional value = (number of contracts x contract size) / trade price, For example, VIP0 marker commission: 0.015%; taker commission: 0.040%. USDⓈ-M Futures Trading Fee Rate. Binance has launched Binance Futures Referral Program which gives a 20% discount where 10% … Depositing funds is entirely free with Binance. The maker fees goes from 0.015% to – 0.009% and taker fees ranges from 0.04% to 0.024%. Battle. COIN-M Futures Trading Fee Rate. Margin Borrow Interest Rate. In terms of the trading platform itself, Binance is highly conducive for seasoned traders. It cannot be used for liquidation fee and as collateral. Binance futures fees. Please ensure that the BNB balance in your futures wallet is sufficient to pay trading fees, otherwise the system will automatically deduct USDT as futures trading fees and you will not be entitled to the discount. USDⓈ-M Futures Trading Fee Rate. Buy and Sell European-style Vanilla Options. They replied a day later and the response was less informative than the fees page, so I'm here asking the reddit community to clarify their fee rates. What are Binance Futures’ Trading Fees? Trading fee in cryptocurrencies or fiat currencies. … The 40% rate is described below in the post. Users will need to transfer BNB from their exchange wallet to their futures wallet to receive the 10% discount. Binance charges are based on trading volume (measured in Bitcoin amounts), starting at 0.1% for low volume trades and dropping down to 0.02% for super high volume trades. Futures fee tiers mirror the spot market but are generally lower; please note the volume requirement for each VIP tier is 5 times that of the spot market due to leverage provided. Fees on Binance Futures are slightly different from their spot markets, with maximum trading fees of 0.04% on any trade. Binance Futures Referral Code Free 20$ with 40% Bonus. Binance.com. Binance also has a cryptocurrency of its own. Deposit & Withdrawal Fees. The COIN futures fees doesnt have any BNB rebate as USDT futures. For our current withdrawal fees, please refer to our Fee Schedule. That's less then a percent. Other popular altcoin exchan… Binance Futures only launched in 2019 with futures and added its first options contract in March 2020. Binance 20% discount referral code. The fee is divided into eleven levels according to the trading volume over thirty days and BNB Balance. USDⓈ-M Futures Trading Fee Rate. Trading Fee. For Futures trading fees and data, please refer to the Fee Schedule of Binance Futures. These orders add volume to the order book, helping to "make the market," and are therefore termed the "maker" for any subsequent trades. Binancians. Gebühren für Einzahlungen und Abhebungen. Therefore your trading fee will be decided by your VIP Level. Cumulative 30-day trading volume and average 24-hour holdings are automatically calculated daily at 00:00 (UTC). Enjoy more benefits with BNB fee deductions for the following transactions. After the price rises, Sell 1BTC BTCUSDT contract using Limit order: Notional value = number of contracts x closing price, Maker commission fee is paid: 11,104 x 0.02% = 2.2208 USDT, Fast and secure decentralized digital asset exchange, USDⓈ margined with no expiration and up to 125x leverage, Token margined with or without expiry dates and up to 125x leverage. Online. This is lower than most other exchanges that charge up to 0.2%. Cross Collateral Interest Rate. For futures trading, Binance charges average trading fees to its traders. Users will receive a 10% discount on standard trading fees when they use BNB to pay for trading fees on the Binance Futures platform. USDⓈ-M Futures Trading Fee Rate. It has done so with a fee structure that is cheaper for “takers” than other exchanges. 7. Use our Referral Id “10crypto” and all Binance Futures New Users will receive a 10% discount on their trading fees. Need an explanation please. Buy 1BTC BTCUSDT contract using Market order: Notional value = number of contracts x opening price, Taker commission fee is paid: 10,104 x 0.040% = 4.0416 USDT. I need some help here. Buy and Sell European-style Vanilla Options.