Each product of Binance has a fee structure.
Market orders are for quick trades.
High fees are applied due to real-time execution.
Limit orders add liquidity by waiting to be executed on the order book, offering lower fees.
Trading with USDC pairs have lower fees than the standard fee.
Using BNB for fees discount is a strong incentive.
Higher VIP users get lower fees and bespoke services for being loyal customers.
