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Tips on how to Decrease Binance Trading Charges: Suggestions and Tricks
Trading on Binance, one of the largest and most popular cryptocurrency exchanges on the planet, presents an unlimited array of opportunities. Nonetheless, when you're not careful, trading fees can slowly eat into your profits over time. Whether or not you're an informal investor or an active trader, learning how one can decrease Binance trading fees may also help you maximize your returns. Listed below are some practical suggestions and tricks to reduce those fees and keep more of your earnings.
1. Use BNB to Pay for Charges
One of the simplest and simplest ways to reduce your trading charges on Binance is through the use of Binance Coin (BNB) to pay them. Binance affords a 25% discount while you use BNB for spot trading fees. This option may be simply enabled in your account settings.
To do this:
Go to your Binance dashboard.
Click on your profile icon.
Enable the option: "Use BNB to pay fees."
Make positive you always have a small amount of BNB in your wallet to cover fees. It’s one of many easiest ways to economize without changing 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, every with its own requirements for 30-day trading volume and BNB balance.
For example:
VIP 0 (default) pays 0.1% for each maker and taker fees.
VIP 1 traders enjoy 0.09% maker and 0.1% taker fees.
Higher levels enjoy even higher 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. Select Maker Orders When Doable
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 immediately).
Maker charges are generally lower than taker fees.
When 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 Charges
For those who’re an skilled trader and understand the risks, Binance Futures offers even lower trading fees than spot trading.
Futures fees start at:
Maker: 0.02%
Taker: 0.04%
By using BNB or moving up the VIP levels, you will get additional discounts. Just keep in mind that futures trading includes leverage and higher risks.
5. Watch for Promotions and Payment Discounts
Binance usually runs promotional campaigns, such as trading competitions, zero-payment trading for chosen pairs, or short-term fee reductions for new tokens or trading pairs.
Keep updated by:
Checking the Binance announcements page.
Subscribing to the Binance newsletter.
Following Binance on social media.
These non permanent promotions can supply significant savings when you align your trades with them.
6. Avoid Frequent Small Trades
Every trade incurs a payment, so making multiple small trades can quickly add up. Consider consolidating your trades when doable, or utilizing strategies that reduce the number of entries and exits. Planning your trades in advance may help you keep away from overtrading and paying pointless fees.
Reducing trading fees on Binance doesn’t require advanced strategies—just a few smart adjustments. Use BNB, intention for maker orders, level up your VIP standing, and keep an eye on promotions. Over time, these small financial 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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