Tips on how to Reduce Binance Trading Fees: Ideas and Tricks

Trading on Binance, one of many largest and most popular cryptocurrency exchanges on the planet, gives a vast array of opportunities. Nevertheless, in case you’re not careful, trading fees can slowly eat into your profits over time. Whether or not you’re a casual investor or an active trader, learning the best way to decrease Binance trading fees may also help you maximize your returns. Listed here are some practical suggestions and tricks to reduce these fees and keep more of your earnings.

1. Use BNB to Pay for Charges

One of the easiest and handiest ways to reduce your trading charges on Binance is by using Binance Coin (BNB) to pay them. Binance presents a 25% discount while you use BNB for spot trading fees. This option may be easily enabled in your account settings.

To do this:

Go to your Binance dashboard.

Click in your profile icon.

Enable the option: “Use BNB to pay fees.”

Make certain you always have a small quantity of BNB in your wallet to cover fees. It’s one of many best ways to save cash without altering your trading behavior.

2. Improve Your VIP Level

Binance operates on a tiered VIP level system. The more you trade, the higher your level and the lower your trading fees. There are 9 VIP levels, each with its own requirements for 30-day trading volume and BNB balance.

For example:

VIP zero (default) pays 0.1% for both maker and taker fees.

VIP 1 traders enjoy 0.09% maker and 0.1% taker fees.

Higher levels enjoy even better rates, including discounts on futures trading.

Should you’re a frequent trader, monitor your trading volume and BNB balance to move up the VIP ladder and unlock lower fees.

3. Choose Maker Orders When Attainable

Binance distinguishes between maker and taker orders. A maker order adds liquidity to the market (limit orders that aren’t immediately filled), while a taker order removes liquidity (market orders or limit orders that fill instantly).

Maker fees are generally lower than taker fees.

Should you’re not in a rush to enter or exit a trade, consider using limit orders to behave as a market maker. This small change in strategy may end up in lower total trading costs.

4. Trade on Binance Futures for Lower Fees

If you’re an skilled trader and understand the risks, Binance Futures gives even lower trading charges than spot trading.

Futures charges start at:

Maker: 0.02%

Taker: 0.04%

By utilizing BNB or moving up the VIP levels, you may get additional discounts. Just keep in mind that futures trading includes leverage and higher risks.

5. Watch for Promotions and Charge Discounts

Binance usually runs promotional campaigns, corresponding to trading competitions, zero-payment trading for selected pairs, or momentary payment reductions for new tokens or trading pairs.

Keep up to date by:

Checking the Binance announcements page.

Subscribing to the Binance newsletter.

Following Binance on social media.

These momentary promotions can provide significant financial savings when you align your trades with them.

6. Avoid Frequent Small Trades

Each trade incurs a price, so making a number of small trades can quickly add up. Consider consolidating your trades when possible, or utilizing strategies that reduce the number of entries and exits. Planning your trades in advance might help you avoid overtrading and paying pointless fees.

Reducing trading fees on Binance doesn’t require complex strategies—just a couple of smart adjustments. Use BNB, intention for maker orders, level up your VIP standing, and keep an eye on promotions. Over time, these small savings can compound and make a big difference in your total trading performance.

Whether you’re just getting started or already deep into crypto trading, optimizing for lower fees is a smart move that keeps more profits in your pocket.

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