Binance Futures is a cryptocurrency derivatives trading platform launched by Binance in September 2019. The platform offers leverage up to 125x and uses a tiered fee structure based on trading volume.
Binance is one of the largest cryptocurrency exchanges by trading volume and offers a wide range of features including spot and margin trading, derivatives trading, staking, and more. Binance launched its own native cryptocurrency, Binance Coin (BNB), in 2017 and has since become one of the most popular exchanges in the crypto space.
In September 2019, Binance launched its cryptocurrency derivatives trading platform, Binance Futures. The platform offers leverage of up to 125x and uses a tiered fee structure based on trading volume.
The following are the fees charged by Binance Futures:
Trading Fees:
-Taker fees: 0.075% (0.
025% for VIPs)
-Maker fees: 0.025% (0%- for VIPs)
-Withdrawal Fees: 0.0005 BTC.
Settlement Fees:
-BTC: 0.001 BTC
-ETH: 0.
005 ETH
-LTC: 0.01 LTC .
Other Fees:
-API Key Creation Fee: 0.001 BTC/ETH/LTC
-Margin Call Fee: 50% of futures contract value
-Liquidation Fee: 100% of futures contract value
NOTE: WARNING: Trading derivatives such as futures can be highly risky and may result in significant losses. Please make sure to always understand the terms and conditions of the exchange before you start trading, as well as the fees associated with trading on Binance Futures. Do your own research and only invest what you can afford to lose.
Binance Futures offers a discount to users who hold BNB in their account. Taker fees are reduced by 25% for VIPs and maker fees are reduced to 0% for VIPs.
Withdrawal fees are also reduced by 50% for VIPs.
The following are the fees charged by Binance Futures for VIPs:
Trading Fees:
-Taker fees: 0.05625%
-Maker fees: 0%
-Withdrawal Fees: 0.00025 BTC/ETH/LTC
Settlement Fees::
-BTC:: 0.0005 BTC
-ETH:: 0.
0025 ETH
-LTC:: 0.005 LTC .
Other Fees::
-API Key Creation Fee:: 0.0005 BTC/ETH/LTC
-Margin Call Fee:: 25% of futures contract value
-Liquidation Fee:: 50% of futures contract value.
8 Related Question Answers Found
Binance is a cryptocurrency exchange that launched in July 2017. The company is based in China but has an office in Tokyo, Japan. Binance is the world’s largest cryptocurrency exchange with a daily trading volume of $2.
4 billion.
Binance Futures is a cryptocurrency derivatives trading platform launched by Binance in September 2019. The platform allows users to trade cryptocurrencies with leverage of up to 125x. The Funding Fee is a charge levied on users of leveraged products, such as Binance Futures, that are holding positions at the time of funding.
When it comes to trading on Binance Futures, the next payment is always an important consideration. After all, this is what will determine how much profit or loss you make on your trade. Thankfully, understanding how the next payment works is not too difficult.
When it comes to futures trading, one of the most important things to know is how to calculate your profits. Otherwise, you could end up making some serious mistakes that could cost you a lot of money. Thankfully, calculating your profits on Binance Futures is actually quite simple.
Binance is a cryptocurrency exchange that offers a platform for trading various cryptocurrencies. Futures contracts are financial contracts that obligate the buyer to purchase an asset, or the seller to sell an asset, at a predetermined price at a future date. Binance offers futures contracts on a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance has a tiered fee structure for trading and withdrawing funds from the exchange.
Futures contracts are one of the most popular instruments in the cryptocurrency world. By definition, a futures contract is an agreement to buy or sell an asset at a predetermined price at a later date. In the cryptocurrency world, futures contracts are mostly used for trading Bitcoin and other major cryptocurrencies.
Binance is a cryptocurrency exchange that offers a platform for trading various cryptocurrencies. Binance Futures is a sub-platform of Binance that allows users to trade cryptocurrency derivatives. The maximum leverage available on Binance Futures is 125x.
