#CryptoFees101

Understanding Binance Trading Fees 💡

Whether you're a seasoned trader or just starting, knowing how fees work on Binance can save you money. Binance uses a maker-taker model. Makers add liquidity (placing limit orders), while takers remove it (market orders). Fees start at 0.1% for both, but can drop significantly with higher trading volumes or if you use BNB (Binance Coin) to pay fees—giving you a 25% discount!

Don’t forget: spot trading, margin trading, and futures have slightly different fee structures. Also, withdrawal fees vary by coin and network, so always double-check before transferring funds.

Pro tip: check your VIP level—higher levels mean lower fees. Monitor fee changes and promos on Binance's official fee page.

Mastering fees = smarter trading. 🚀