Cryptocurrency Q&A
Is BNB cheaper on Binance?
Is BNB cheaper on Binance?
Michele
Sun Feb 16 2025
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6
answers
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I'm considering buying some Binance Coin (BNB) and I'm wondering if it would be cheaper to purchase it directly on the Binance platform compared to other exchanges. Would buying BNB on Binance be more cost-effective?
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6 answers
CryptoMaven
Tue Feb 18 2025
This fee structure provides a balance between incentivizing liquidity providers (makers) and rewarding market participants (takers).
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Ilaria
Tue Feb 18 2025
Binance offers an additional benefit for users who opt to pay their fees using BNB, the platform's native cryptocurrency.
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ethan_lewis_journalist
Tue Feb 18 2025
Binance margin trading fees operate under the maker-taker model, aligning with the approach used in spot trading.
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NebulaSoul
Tue Feb 18 2025
By utilizing BNB for fee payments, users can enjoy a significant discount of 25% on their maker-taker fees.
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GangnamGlitz
Tue Feb 18 2025
With this discount applied, the effective maker-taker fees for margin trading on Binance drop to 0.075%, making it more cost-effective for traders.
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