How much does Binance cost?

Binance U.S. has a 0.5% instant Buy/Sell fee, 0.1% trading fee, and 25% if you use Binance coin. Meanwhile, Gemini has a $0.99 to $2.99 transaction fee and 0.50% convenience fee, as well as a 1.49% transaction fee for trades that exceed $200. Coinbase has a trading fee between 1.49% and 3.99% and a 0.50% spread.

What are Binance withdrawal fees & trading fees?

Withdrawal fees are charged when you want to take your money off Binance.US ( withdraw it from Binance.US) into a bank account or a crypto wallet . Trading fees are the charges for actually using the Biannce.US exchange day-to-day for buying and selling crypto. You are charged per transaction.

Is Binance a good place to trade Bitcoin?

Binance.US, the U.S. affiliate of the largest crypto exchange in the world by trading volume, said it will allow users to make spot bitcoin trades for the U.S. dollar and stablecoins tether, USD Coin and Binance USD without paying spot trading fees. Shares of Coinbase were down 9.7%. Robinhood slipped by less than 1%.

What is a limit order transaction on Binance?

If you trade only when the market matches your desired price, that is called a limit order transaction. On Binance.US, the maker and taker fees are the same for the first two trading volume levels. Above that, the taker (buyer) fee is always higher. Above 10 million USD, the maker fee is always 0%.