#CryptoFees101 here’s how you can reduce or avoid trading and gas fees on Binance:

✅ 1. Pay Fees Using BNB (Binance Coin)

If you pay trading fees using BNB, Binance gives you a 25% discount.

Go to: Settings > Fee > Use BNB for fees and make sure it's turned ON.

✅ 2. Stick to Spot Trading

Spot trading has lower fees compared to Futures or Margin trading.

Avoid using leverage if you're concerned about extra fees.

✅ 3. Increase Your VIP Level

The more you trade, the higher your VIP level goes.

Higher VIP levels get lower trading fees.

✅ 4. Be a Maker, Not a Taker

Use Limit Orders to become a Maker (lower fees).

Market Orders make you a Taker (higher fees).

✅ 5. Avoid ERC-20 Network for Withdrawals

Ethereum (ERC-20) withdrawals have high gas fees.

Instead, use BNB Chain (BEP-20), TRON (TRC-20), or Polygon/Arbitrum networks — they’re cheaper.

✅ 6. Watch for Zero-Fee Promotions

Binance sometimes offers zero trading fees on certain trading pairs (like BTC/TUSD).

Check the Binance Announcement page or promotions tab in the app regularly.

#CryptoCharts101 #Write2Earn