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How much does Binance cost?

At the same time, it can be very useful to know what every platform has to offer so you can settle for the best one. Binance U.S. has a 0.5% instant Buy/Sell fee, 0.1% trading fee, and 25% if you use Binance coin.

What is Binance coin (BNB)?

What is Binance? Binance is a popular cryptocurrency exchange that launched in 2017. Its explosive growth is attributed to the combination of low trading fees and fast transactions. Binance also has its own token, Binance Coin (BNB). The name Binance is a mashup of the words ‘binary’ and ‘finance’. Who created Binance?

What happened to Binance smart chain-based qubit finance?

Binance Smart Chain-based Qubit Finance was exploited for over $80 million by attackers on Friday morning, developers confirmed in a post. “The hacker minted unlimited xETH to borrow on BSC. The team is currently working with security and network partners on next steps,” developers said in a tweet. The hacker minted unlimited xETH to borrow on BSC.

How to lower Binance coin trading fees?

You can decrease the trading fee if you keep some Binance Coin in your account. This way, all of your fees can be taken from that amount. This can also give you a 25% discount on all trading fees. Depending on what crypto you are withdrawing, you may also get some withdrawal fees.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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