![]() That said, Binance is a legitimate business. Trading cryptocurrencies and altcoins is a risky endeavour, and you can lose 100% of your capital. The maximum lifetime supply of BNB that will ever be in circulation is 200,000,000. When you pay your trading fees on Binance, you get an additional 25% discount of the standard fee schedule.īNB can also be stored offline using a cold wallet such as the Ledger Wallet.Īs of this update, Binance Coin was trading at $289 USD and had a market cap of $46 billion. You can buy BNB with Cash (fiat) or trade it for other cryptocurrencies. It is also used for payments, hotel and travel bookings, gift card purchases, loan applications, and more. The image below shows what you pay per trade, depending on your trading level.īinance has its native coin, Binance Coin (BNB), that can pay transaction fees when you trade on the platform. When you pay using Binance Coin, you get a 25% discount and pay 0.075%.īinance trading fees range from 0.015% to 0.10%. The standard trading fee (VIP0) is 0.10%. Trading levels are determined by how much BTC you have traded on the spot or futures exchange and how much BNB you hold. The trading fees you pay on Binance vary depending on your trading fee level, which ranges from VIP0 to VIP9. There is also a Binance app you can download on iOS and Android devices. This process is quick (less than 1 hour) and is completed online.īinance is available as a desktop application on Windows and Mac. ![]() New customers who sign up must verify their identity and complete KYC documentation. In addition to its robust spot market offerings, you can trade coins through its derivatives markets using various futures and options products. It supports trading more than 600 coins, including popular ones like Bitcoin, Ethereum, Litecoin, Dogecoin, Cardano, Polkadot, Stellar, and more.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |