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Cryptocoins Exchanges / Binance 228 Views

Can someone please explain to me how Binance decides how much commission it’s gonna take off my profits?

I understand there are articles out there, I read them, and it’s still not clear.

So say for example BTC is at $32k and I enter a long position with a $30 margin and my profit end up to be a $120. How does Binance decide how much the commission will be? (And are there extra charges if the position is opened for longer than 24hrs?)

submitted by /u/yh961
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