#CryptoFees101 When buying cryptocurrencies, fees vary depending on the payment method. A bank transfer through the SEPA system usually has a low fee of 0.5% and allows transfers at no additional cost. In contrast, if you use a credit card, the fee rises to 2%. These are the Binance fees for buying and selling that you should consider to make an informed decision.

Strategies to reduce fees.

An effective way to reduce fees is to use BNB to pay for commissions. Additionally, increasing your trading volume allows you to access VIP levels, which grants you reduced fees. This strategy makes Binance's commission even more competitive for active users.