Expanded academic post of alternative #Binance_Academy — #Psy_trade .

Style: Psy_Trade with a light metaphor for 'human' understanding.

Author | #Tar_Agustin

1. What is a fee and why does it exist?

  • Imagine a large lagoon with clear water — this is the Binance market.

  • Different fish swim in it: small, medium, and giant.

  • To swim safely here, you need to 'pay the toll' to the lagoon guards — this is the fee.

  • It is not evil, but rather 'the cost of the ticket' to stable trading.

In a financial sense:

A fee (#Fee ) is a percentage or fixed amount that the exchange charges for executing transactions (trading, conversion, deposits/withdrawals).

2. Types of fees on Binance

Type of operationDescriptionApproximate size (2025)Spot Trading FeeBuying/selling assets in spot mode0.1% of the transaction volume (can be reduced when paying in BNB or with high trading volume)Futures Trading FeeTrading futures contractsMaker: 0.02%, Taker: 0.04%Convert FeeInstant conversion between cryptocurrenciesIn most cases, without a separate fee, but with an embedded spreadWithdrawal FeeWithdrawing assets to other walletsFixed amount depending on the coin (e.g., USDT-TRC20 ≈ 1 USD)Deposit FeeDepositing fundsIn cryptocurrency free; in fiat — depending on the payment method

3. Examples of the impact of fees

  • Buying BTC for $1,000 at 0.1% fee = $1 fee.

  • If you pay the BNB fee — it decreases to 0.075%, which is $0.75.

  • If you make 100 such trades in a month without a discount — that's already $100 in expenses.

4. How to reduce fees

  • Payment of BNB fees → automatic discount of 25% (Spot) and 10% (Futures).

  • Increase in trading volume → VIP levels reduce fees to 0.02% and below.

  • Using Convert → sometimes cheaper for quick exchanges without open orders.

  • Choosing the right network for withdrawal → TRC20 is usually cheaper than ERC20.

  • Do not split operations → several small trades = several fees.

5. Metaphor from #Psy_Trade

Tokenius is a small agile dolphin in the Binance lagoon.

He understands that every time he swims into a new cove (order), he gives a piece of the catch (fee) to the guards.

If you swim without a plan, pieces will quickly add up to a whole barrel of fish.

But Tokenius knows the secret: swim straight to the big school, not stopping for small snacks, and always have a reserve of 'golden corals' (BNB) — then the guards take less.

6. Conclusion

  1. Fees are not enemies, but part of the ecosystem.

  2. They need to be known, taken into account, and optimized.

  3. If you reduce your fee costs by at least 20% per year — this is equivalent to additional earnings without any additional risk.

☝🏻Tip from #Tar_Agustin: Before each trade, think not only about profit but also about how much 'fish' you will have to give to the lagoon guards.

$SOL $BNB $PROM