How are spot trading fees calculated? Where are they deducted?
After enabling BNB fee deduction, fees are paid in BNB. If you don't have enough BNB in your account, fees are generally deducted the usual way.
If you don't enable BNB fee deduction, when you buy 1 coin with USDT, the fee is deducted from that 1 coin, so you'll receive slightly less than 1 coin.
On Binance, you can enable paying fees with $BNB and receive a discount according to the platform's rules.
#BNB
Just a casual note—make your own decisions when buying and selling.
After enabling BNB fee deduction, fees are paid in BNB. If you don't have enough BNB in your account, fees are generally deducted the usual way.
If you don't enable BNB fee deduction, when you buy 1 coin with USDT, the fee is deducted from that 1 coin, so you'll receive slightly less than 1 coin.
On Binance, you can enable paying fees with $BNB and receive a discount according to the platform's rules.
#BNB
Just a casual note—make your own decisions when buying and selling.
