Everyone, make sure you understand this: spot trading fees!
Spot trading fees are generally calculated by multiplying the transaction amount by the fee rate. A fee is charged for each completed trade, and partially filled orders are charged only on the portion that’s filled.
When estimating your profits, remember to include the fees for both buying and selling. Looking only at the price difference can easily make your actual profit seem higher than it is.
On Binance, you can enable $BNB to pay your fees and receive a discount according to the rules.
Save this and take a closer look later 👇
Spot trading fees are generally calculated by multiplying the transaction amount by the fee rate. A fee is charged for each completed trade, and partially filled orders are charged only on the portion that’s filled.
When estimating your profits, remember to include the fees for both buying and selling. Looking only at the price difference can easily make your actual profit seem higher than it is.
On Binance, you can enable $BNB to pay your fees and receive a discount according to the rules.
Save this and take a closer look later 👇