Why do I sometimes pay higher fees on Binance even though I’m just a small trader?
Surprise! You’re not alone!
Here’s why your fees might be higher:
1. You’re Using Market Orders
Market orders are fast, but Binance charges a bit more.
Try using limit orders to save money!
2. You Don’t Hold BNB
BNB (Binance Coin) = Fee Discount!
Hold BNB in your wallet and get up to 25% off on trading fees.
3. You’re in a Lower VIP Tier
Binance rewards high-volume traders.
More trading = lower fees.
4. You’re Trading Futures or Margin
These come with extra fees – not always obvious!
Check the fee structure before trading.
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Smart Tip:
Hold BNB + Use Limit Orders = Lower Fees
Trade smart, pay less!