Binance, one of the world’s largest cryptocurrency exchanges, does not charge fees for limit orders. A limit order is an order to buy or sell a security at a specified price or better.
Binance users can place a limit order by selecting the “Limit” order type when placing an order.
Binance does, however, charge fees for market orders and stop-limit orders. A market order is an order to buy or sell a security at the best available price.
NOTE: Warning: Binance does not charge for limit orders, but other fees may apply. For example, trading fees may be incurred when a trade is completed. Additionally, there may be withdrawal fees associated with transferring funds from Binance to your bank account or other external wallet. Please review all applicable fees before completing any transactions.
A stop-limit order is an order to buy or sell a security at a specified price or better after the security reaches a specified price (the “stop”).
The fee for market orders is 0.1% of the total trade value.
The fee for stop-limit orders is 0.1% of the total trade value if the stop is hit, and 0% if the stop is not hit.
In conclusion, Binance only charges fees for market and stop-limit orders, but not limit orders.
9 Related Question Answers Found
Binance is a digital asset exchange that facilitates trading of digital assets. The exchange is one of the most popular in the world and is frequently used by day traders. Binance does not have limit orders.
Binance, one of the world’s largest cryptocurrency exchanges, does not charge for open orders. This is good news for traders who want to take advantage of the platform’s many features without having to worry about fees eating into their profits. The no-fee policy applies to both market and limit orders.
A limit order is an order to buy or sell a security at a specified price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. A limit order is not guaranteed to execute, but if the security’s market price reaches the limit price, the order will likely execute.
A stop limit order is an order to buy or sell a security at a specified price or better after the security reaches a specified stop price. A stop limit order is different from a regular stop order in that, once the stop price is reached and the order activates, the order becomes a limit order to buy or sell at the specified limit price or better. A stop limit order can be used to help lock in profits or minimize losses.
A stop limit order is an order to buy or sell a security at a specified price or better, after a given stop price has been reached. Once the stop price is reached, the stop limit order becomes a limit order to buy or sell at the limit price or better. A stop limit order is used to control the price at which an order is executed.
Binance is a cryptocurrency exchange that offers a platform for trading various cryptocurrencies. Unlike traditional exchanges, Binance does not charge interest on margin. This is because Binance uses a system known as the “taker-maker” model.
A limit order is an order to buy or sell a security at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. Binance offers two types of limit orders: good-til-canceled (GTC) and immediate-or-cancel (IOC).
A stop limit order is an order to buy or sell a security at a specified price or better, after a given stop price has been reached. Once the stop price is reached, the stop limit order becomes a limit order to buy or sell at the limit price. A stop limit order can be used to attempt to limit losses or lock in profits.
Binance is a cryptocurrency exchange that offers its users a platform to trade digital assets. The company is headquartered in Malta and has offices in Singapore, Japan, and the United States. Binance was founded in 2017 by Changpeng Zhao and Yi He.
