#CryptoFees101 💰 #CryptoFees101: How to Optimize Fees on Binance?

Fees can eat into your profits! Let's explore how to trade on Binance with minimal costs.

### **1. Binance Rates: How to Reduce Fees by 25%**

✔ Hold BNB to pay for fees (-25%)

✔ Upgrade your VIP level (from 0.1% to 0.02%)

✔ Use Binance Spot for low fees (0.1% versus 0.5% on Convert)

### **2. Hidden Costs You Didn't Know About**

• **Withdrawal of USDT on ERC-20** — $15 vs $1 on BEP-20

• **Arbitrage** — a 0.2% difference eats up all profits

• **Futures** — funding rate can reach 0.1% every 8 hours

### **3. Life Hacks for Traders**

🔹 Scalpers: choose BNB/USDT (fee 0.075%)

🔹 Investors: large orders via OTC (-0.05%)

🔹 Arbitrageurs: compare networks (TRC-20 vs Polygon)

**📌 Important:** Fees on Binance Futures are 3-5 times lower than competitors!

**Are you tracking your trading costs? Share your life hacks!**

#Binance #Trading #Fees #Crypto #Investing

**Pro Tip:** In the mobile app, enable "Advanced View" in the fee settings!