How are spot trading fees calculated, and where are they deducted from? Don’t worry—the class rep is here to explain:
If you haven’t enabled BNB fee payment on Binance Spot, fees are generally deducted from the asset you receive: when you buy, they’re deducted from the coins you receive; when you sell, they’re deducted from the quote currency.
For accounts that trade frequently, fees that seem insignificant on a per-trade basis can add up to a considerable amount over time.
Practical tips may not seem useful day to day, but when you run into trouble, you’ll realize how valuable they are.
$BNB 725.3（+0.74%）
If you haven’t enabled BNB fee payment on Binance Spot, fees are generally deducted from the asset you receive: when you buy, they’re deducted from the coins you receive; when you sell, they’re deducted from the quote currency.
For accounts that trade frequently, fees that seem insignificant on a per-trade basis can add up to a considerable amount over time.
Practical tips may not seem useful day to day, but when you run into trouble, you’ll realize how valuable they are.
$BNB 725.3（+0.74%）