If you trade frequently, fees can add up to a significant expense. Binance offers several ways to reduce fees — smart use of these can save you a lot. If you don't have an account yet, register on Binance first, then download the Binance APP to start trading.
Binance Fee Structure
Binance's default spot trading fee is 0.1%, meaning for a 1,000 USDT trade, you pay 1 USDT in fees. Both buying and selling are charged, so a round trip costs 0.2%.
Futures trading fees differ slightly: Maker 0.02%, Taker 0.05%.
Method 1: Use BNB for Fee Deduction
This is the simplest and most popular way to save.
- Buy some BNB (Binance's native token) on Binance
- In the APP settings, enable "Use BNB for Fee Deduction"
- Once enabled, fees are automatically discounted by 25%
That means the original 0.1% fee drops to 0.075%. The savings add up significantly over time.
Method 2: Increase Your VIP Level
Binance assigns VIP levels based on your 30-day trading volume and BNB holdings — higher levels mean lower fees.
| VIP Level | Spot Maker | Spot Taker |
|---|---|---|
| Regular | 0.1% | 0.1% |
| VIP 1 | 0.09% | 0.1% |
| VIP 2 | 0.08% | 0.1% |
| VIP 3 | 0.07% | 0.09% |
Advanced VIP fees can go as low as 0.02% or even lower. However, VIP thresholds are quite high and are more suitable for high-volume traders.
Method 3: Use Referral Rebates
When registering with a referral code or through a referral link, you can receive fee rebates. Some referral codes offer 20% or more in fee kickbacks.
If you haven't registered yet, remember to use a link with referral benefits — every bit of savings counts.
Method 4: Participate in Promotions
Binance frequently runs various promotions, such as:
- Zero-fee trading pairs (specific pairs with no fees)
- Limited-time rebate events
- Trading competition rewards
Follow Binance's announcements and APP notifications to take advantage of relevant promotions.
Method 5: Use Limit Orders
In futures trading, Maker fees are much lower than Taker fees. Try to use limit orders (Maker) instead of market orders (Taker) to save on fees.
Fee Calculation Example
Assume your monthly trading volume is 100,000 USDT:
- Default rate: 100,000 x 0.1% x 2 (buy and sell) = 200 USDT
- With BNB deduction: 100,000 x 0.075% x 2 = 150 USDT
- Savings: 50 USDT
The higher your volume, the more you save. Stacking multiple methods together amplifies the effect.