A taker fee is a fee charged when a buy order is matched immediately with a sell order on the books. In other words, this fee is charged when you place a limit order to sell an asset, but that order is not filled immediately. A maker fee is the fee charged when you propose an order for other traders to take. Binance supports 369+ assets, which should give you a good range of industries and asset types to invest in without needing to hop between multiple exchanges.īinance fees Deposit & withdrawals fees Transaction typeīinance uses a maker taker fee structure for spot market trading.

While this is convenient, you are still exposed to the risks of DeFi, which include smart contract vulnerabilities and impermanent loss. This prevents the need to use a blockchain and Web3 wallet yourself. Binance provides access to staking and yield farming services through the exchange. These are high-risk products and should not be used by beginners. For experienced traders, it also offers crypto derivative trading products, including futures contracts for certain assets. Binance offers an array of trading and charting tools. Trading tools and derivative products.Users can verify that the assets in their accounts are held on the exchange using a Merkle tree. Binance’s cold wallet addresses are publicly verifiable. This helps protect against hacks and security breaches. Binance keeps over 90% of its digital assets in cold storage – a crypto wallet that isn’t connected to the internet. All international money transfer services.

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