#CryptoFees101
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🔍 **#CryptoFees101: How Binance Fees Work**
Understanding cryptocurrency fees is essential for every trader! On **Binance**, the fees are competitive and can be reduced if you know how to handle them.
✅ Instant **trading fees** start from 0.10% for both makers and takers. Pay with **BNB (Binance Coin)** to get a **25% discount**, which reduces your fees to just **0.075%**.
✅ **Futures trading**? The fees are much lower - 0.02% (maker) and 0.04% (taker). Use BNB for an additional 10% savings.
✅ **Peer-to-peer fees** and **withdrawal fees** vary depending on the currency and network, so check the details before each transfer.
Pro Tip 💡: Use a referral code and upgrade your **VIP membership** with higher trading volumes to get better rates.
