How are spot trading fees calculated, and where are they deducted from? Many people can't explain it clearly!
A Maker order is placed on the order book and waits to be filled, while a Taker order immediately matches with an existing order on the book. Their fee rates may differ.
If you haven't enabled the BNB fee discount, when you use USDT to buy 1 coin, the fee is deducted from that coin, so you'll receive slightly less than 1 coin.
Understanding how it works can help you avoid some pitfalls, but it can't replace risk management.
$BNB 726.21（+1.04%）
#BNB
A Maker order is placed on the order book and waits to be filled, while a Taker order immediately matches with an existing order on the book. Their fee rates may differ.
If you haven't enabled the BNB fee discount, when you use USDT to buy 1 coin, the fee is deducted from that coin, so you'll receive slightly less than 1 coin.
Understanding how it works can help you avoid some pitfalls, but it can't replace risk management.
$BNB 726.21（+1.04%）
#BNB