Trading platforms primarily aim to provide you with tools and services that help you trade easily for a specified fee. If you understand how the system works, you can manage your costs intelligently and benefit to the fullest.
In this article, I will simply explain how the fees work... and how you can also maximize your gains as a conscious user 👇
💰 How do trading platforms make their profits?
🔸 Trading Fees
Every trade you open or close has a small fee (for example, 0.1% on Binance). If your trading volume is large, these fees accumulate.
🔸 Spreads
There is a difference between the selling price and the buying price, and this is a natural part of the market mechanism.
🔸 Funding Rate
In leveraged trading (futures contracts), you pay or receive funding every 8 hours — depending on market direction.
🔸 Withdrawal Fees:
When withdrawing currencies, you pay fees that cover network costs and part of it goes to the platform.
🔸 Launchpad & IEO Fees:
New projects pay fees to the platform for launching currencies (Launchpad).
🚀 How to smartly benefit as a user
✅ Use platform currencies to reduce fees:
BNB (Binance), OKB (OKX), BGB (Bitget) — all give you discounts on trading fees if you pay with them (~25%).
✅ Upgrade to VIP levels:
The larger your trading volume, the lower your fees (VIP 1 - VIP 9 on Binance as an example).
✅ Launchpads:
Follow the opportunities in the Launchpad — you can achieve excellent gains from new currencies.
✅ Earn & Staking
Instead of leaving currencies in your account, activate them through Earn or Staking — you will achieve good returns.
✅ Competitions and promotions:
There are ongoing competitions on Binance, Bitget, and OKX — cash prizes and free currencies.
✅ Copy Trading
If you are still learning, Copy Trading is an excellent option to learn from professional traders.
✨ Success in trading is not just about transactions but also about how to manage your expenses and seize every available opportunity.
Reduce your fees, activate your profits, and participate in competitions... and keep your money always working.
