If you trade on Binance, saving on fees can help you keep more of your profits. Here are some simple ways to lower your trading costs.
Use $BNB to Pay Fees
Binance gives you a 25 percent discount on spot and margin trading fees when you use BNB, the Binance Coin, to pay for them. Just make sure you have some BNB in your account and turn on the setting to use BNB for fees. It’s one of the easiest ways to save money.
Trade More to Pay Less
Binance rewards frequent traders with lower fees. The more you trade in a 30-day period, the lower your fees get. If you already trade often, this can make a big difference over time.
Use Referral Links and Promotions
Binance sometimes offers discounts if you sign up using a referral link or invite others to join. You and your referrals can both get fee benefits. Also, keep an eye out for special promotions that reduce fees or offer bonuses.
Join the VIP Program
If you’re a serious or regular trader, you might qualify for Binance’s VIP Program. It gives you lower fees based on your trading volume and how much BNB you hold. VIP members also get other perks like faster customer support.
Trade Zero-Fee Pairs
Binance sometimes offers zero-fee trading on certain pairs, meaning you don’t pay any fees at all when trading those pairs. Check Binance announcements or the fee schedule to see which pairs qualify.
By following these simple tips, using BNB, trading more, using referral links, joining the VIP program and picking zero-fee pairs you can reduce your trading costs and get more value from every trade you make.
Ready to start your crypto journey with Binance? Sign up today: https://accounts.binance.com/en/register
