#CryptoFees101 To reduce or avoid Binance fees, follow these smart tips:
Trading Fees
Use BNB to pay fees: Get a 25% discount on spot and margin trading. Enable this in your account settings.
Increase trading volume: Higher VIP levels get lower maker/taker fees.
Use Spot trading instead of Convert to avoid hidden spreads.
Place limit orders to act as a maker, which often has lower fees.
Withdrawal Fees
Select cheaper networks:
USDT (TRC20) ≈ 1 USDT
BNB (BEP20) ≈ very low
Avoid ERC20 (Ethereum) unless needed.
Withdraw less often in larger amounts to reduce total fees.
Use internal transfers between Binance users (free).
Try Binance P2P for fee-free peer-to-peer transfers.
Fiat Fees
Avoid credit/debit cards: They often have high fees (1.8–3%).
Use bank transfers (like SEPA, FPS) for lower or zero fees.
P2P lets you buy/sell crypto using local payment methods with zero fees.
Futures and Margin
Use limit orders and trade during low volatility to reduce slippage and fees