Fees
BNB is the native token on Binance Chain, thus users are charged BNB for sending transactions.
Trading Fees on DEX
Trading fees are subject to complex logic that may mean that individual trades are not charged exactly by the rates below, but between them instead; this is due to the block-based matching engine in use on the DEX.
The current fee for trades, applied on the settled amounts, is as follows:
| Transaction Type | Pay in non-BNB Asset | Pay in BNB |
|---|---|---|
| Trade | 0.1% | 0.04% |
Trading fee can be queried at here. It's under the "params/DexFeeParam/". "FeeRate" and "FeeRateNative" are both under unit of 10^-6.
Fix Fee Table
The difference between Binance Chain and Ethereum is that there is no notion of gas. As a result,
fees for the rest transactions are fixed. The details are showned in the table below:
- Current Fees Table on Mainnet
| Transaction Type | Pay in Non-BNB Asset | Pay in BNB | Exchange (DEX) Related |
|---|---|---|---|
| New Order | 0 | 0 | Y |
| Cancel (No Fill) | Equivalent 0.00025 BNB | 0.00005 BNB | Y |
| Order Expire (No Fill) | Equivalent 0.00025 BNB | 0.00005 BNB | Y |
| IOC (No Fill) | Equivalent 0.0001 BNB | 0.000025 BNB | Y |
| Transfer | N/A | 0.000375 BNB | N |
| Multi-send | N/A | 0.0003 BNB | N |
| Issue Asset | N/A | 500 BNB | N |
| Mint Asset | N/A | 5 BNB | N |
| Burn Asset | N/A | 0.5 BNB | N |
| Freeze/Unfreeze Asset | N/A | 0.005 BNB | N |
| Lock/unlock/relock Asset | N/A | 0.01 BNB | N |
| List Asset | N/A | 1000 BNB | N |
| Submit Proposal | N/A | 5 BNB | N |
| Deposit | N/A | 0.000625 BNB | N |
| Enable Memo Check | N/A | 1 BNB | N |
| Disable Memo Check | N/A | 1 BNB | N |
| HTLT | N/A | 0.000375 BNB | N |
| depositHTLT | N/A | 0.000375 BNB | N |
| claimHTLT | N/A | 0.000375 BNB | N |
| refundHTLT | N/A | 0.000375 BNB | N |
- Current Fees Table on Testnet
| Transaction Type | Pay in Non-BNB Asset | Pay in BNB | Exchange (DEX) Related |
|---|---|---|---|
| New Order | 0 | 0 | Y |
| Cancel (No Fill) | Equivalent 0.00025 BNB | 0.00005 BNB | Y |
| Order Expire (No Fill) | Equivalent 0.00025 BNB | 0.00005 BNB | Y |
| IOC (No Fill) | Equivalent 0.0001 BNB | 0.000025 BNB | Y |
| Transfer | N/A | 0.000375 BNB | N |
| Multi-send | N/A | 0.0003 BNB | N |
| Issue Asset | N/A | 500 BNB | N |
| Mint Asset | N/A | 5 BNB | N |
| Burn Asset | N/A | 0.5 BNB | N |
| Freeze/Unfreeze Asset | N/A | 0.005 BNB | N |
| Lock/unlock/relock Asset | N/A | 0.01 BNB | N |
| List Asset | N/A | 1000 BNB | N |
| Submit Proposal | N/A | 5 BNB | N |
| Deposit | N/A | 0.000625 BNB | N |
| Enable Memo Check | N/A | 1 BNB | N |
| Disable Memo Check | N/A | 1 BNB | N |
| HTLT | N/A | 0.000375 BNB | N |
| depositHTLT | N/A | 0.000375 BNB | Y |
| claimHTLT | N/A | 0.000375 BNB | Y |
| refundHTLT | N/A | 0.000375 BNB | Y |
How to calculate multisend fee
bnbcli offers you a multi-send command to transfer multiple tokens to multiple people. 20% discount is available for multi-send transactions. For now, multi-send transaction will send some tokens from one address to multiple output addresses. If the count of output address is bigger than the threshold, currently it's 2, then the total transaction fee is 0.001 BNB per token per address.
For example, if you send 3 ABC token,1 SAT token and 1 ABC to 3 different addresses.
[
{
"to":"bnb1g5p04snezgpky203fq6da9qyjsy2k9kzr5yuhl",
"amount":"100000000:BNB,100000000:ABC"
},
{
"to":"bnb1l86xty0m55ryct9pnypz6chvtsmpyewmhrqwxw",
"amount":"100000000:BNB"
},
{
"to":"bnb1l86xty0maxdgst9pnypz6chvtsmpydkjflfioe",
"amount":"100000000:BNB,100000000:SAT"
}
]
0.0003 BNB * 5 = 0.0015 BNB
How are rewards distributed between validators?
you can use API to get the latest fee params.
[
{
msg_type: "submit_proposal",
fee: 500000000,
fee_for: 1
},
{
msg_type: "deposit",
fee: 62500,
fee_for: 1
},
{
msg_type: "vote",
fee: 0,
fee_for: 3
},
{
msg_type: "create_validator",
fee: 1000000000,
fee_for: 1
},
{
msg_type: "remove_validator",
fee: 100000000,
fee_for: 1
},
{
msg_type: "dexList",
fee: 100000000000,
fee_for: 2
},
{
msg_type: "orderNew",
fee: 0,
fee_for: 3
},
{
msg_type: "orderCancel",
fee: 0,
fee_for: 3
},
{
msg_type: "issueMsg",
fee: 50000000000,
fee_for: 2
},
{
msg_type: "mintMsg",
fee: 500000000,
fee_for: 2
},
{
msg_type: "tokensBurn",
fee: 50000000,
fee_for: 1
},
{
msg_type: "tokensFreeze",
fee: 500000,
fee_for: 1
},
{
fixed_fee_params: {
msg_type: "send",
fee: 37500,
fee_for: 1
},
multi_transfer_fee: 30000,
lower_limit_as_multi: 2
},
{
dex_fee_fields: [
{
fee_name: "ExpireFee",
fee_value: 25000
},
{
fee_name: "ExpireFeeNative",
fee_value: 5000
},
{
fee_name: "CancelFee",
fee_value: 25000
},
{
fee_name: "CancelFeeNative",
fee_value: 5000
},
{
fee_name: "FeeRate",
fee_value: 1000
},
{
fee_name: "FeeRateNative",
fee_value: 400
},
{
fee_name: "IOCExpireFee",
fee_value: 10000
},
{
fee_name: "IOCExpireFeeNative",
fee_value: 2500
}
]
},
{
msg_type: "timeLock",
fee: 1000000,
fee_for: 1
},
{
msg_type: "timeUnlock",
fee: 1000000,
fee_for: 1
},
{
msg_type: "timeRelock",
fee: 1000000,
fee_for: 1
},
{
msg_type: "setAccountFlags",
fee: 100000000,
fee_for: 1
},
{
msg_type: "HTLT",
fee: 37500,
fee_for: 1
},
{
msg_type: "depositHTLT",
fee: 37500,
fee_for: 1
},
{
msg_type: "claimHTLT",
fee: 37500,
fee_for: 1
},
{
msg_type: "refundHTLT",
fee: 37500,
fee_for: 1
}
]
The fee_forparameter indicate the different distribution way:
1means rewards is only for block proposer2means rewards are shared among all validators3means fee is free.
How to query fees in every block
The rewards for Binance Chain validators are displayed in explorer. For example: in block 59947302, validator bnb1tpagqqqx36gq09kzw4f5a3a9sk3tq54dpl5ldn get 0.00005 BNB as rewards.
If you have a fullnode running, you can also get the rewards details exported. To achieve this, you need to set publishBlockFee to be true in your app.toml. To receive rewards stream, there aretwo options publishKafka and publishLocal
# Whether we want publish block fee changes
publishBlockFee = true
blockFeeTopic = "accounts"
blockFeeKafka = "127.0.0.1:9092"
# Global setting
publicationChannelSize = "10000"
publishKafka = false
publishLocal = true
The rewards history are saved under {fullnode home}/marketdata/marketdata.json. For example,
Note: Quantities here are expressed without decimals, i.e. shifted by 10^8
{"Height":59947302,"Fee":"BNB:5000","Validators":["bnb1tpagqqqx36gq09kzw4f5a3a9sk3tq54dpl5ldn"]}
{"Height":59947303,"Fee":"BNB:5000","Validators":["bnb1y888axmhzz6yjj464syfy68mkhzy9phlv8fzac"]}
{"Height":59947304,"Fee":"BNB:5000","Validators":["bnb19klje94mnu53wj7pmrk0zmtpwgr0uz8th0fcvw"]}
{"Height":59947305,"Fee":"BNB:21364","Validators":["bnb19hunw9ps8n9tkrp2j64jvheezgqmfc2eyrxd7a"]}
{"Height":59947306,"Fee":"","Validators":[]}
...
{"Height":59947480,"Fee":"BUSD-BD1:1486828;XRP-BF2:3311258","Validators":["bnb19klje94mnu53wj7pmrk0zmtpwgr0uz8th0fcvw"]}
...