The Best Way To Decrease Binance Trading Charges: Ideas And Tricks
Trading on Binance, one of the largest and most popular cryptocurrency exchanges in the world, affords an enormous array of opportunities. However, should you're not careful, trading fees can slowly eat into your profits over time. Whether or not you're an off-the-cuff investor or 바이낸스 레퍼럴 코드 an active trader, learning methods to reduce Binance trading charges may also help you maximize your returns. Listed here are some practical ideas and tricks to reduce these fees and keep more of your earnings.
1. Use BNB to Pay for Fees
One of the easiest and handiest ways to reduce your trading charges on Binance is through the use of Binance Coin (BNB) to pay them. Binance provides a 25% discount once you use BNB for spot trading fees. This option can be easily 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 certain you always have a small quantity of BNB in your wallet to cover fees. It’s one of the best ways to economize without changing your trading behavior.
2. Increase 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 quantity and BNB balance.
For example:
VIP zero (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 better rates, together with discounts on futures trading.
For those who're a frequent trader, monitor your trading quantity and BNB balance to move up the VIP ladder and unlock lower fees.
3. Select Maker Orders When Possible
Binance distinguishes between maker and taker orders. A maker order adds liquidity to the market (limit orders that aren’t instantly filled), while a taker order removes liquidity (market orders or limit orders that fill immediately).
Maker fees are generally lower than taker fees.
In the event you're not in a rush to enter or exit a trade, consider utilizing limit orders to act as a market maker. This small change in strategy may end up in lower general trading costs.
4. Trade on Binance Futures for Lower Charges
In the event you’re an experienced trader and understand the risks, Binance Futures affords even lower trading charges than spot trading.
Futures charges 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 entails leverage and higher risks.
5. Watch for Promotions and Fee Discounts
Binance recurrently runs promotional campaigns, reminiscent of trading competitions, zero-payment trading for selected pairs, or non permanent charge reductions for new tokens or trading pairs.
Stay updated by:
Checking the Binance announcements page.
Subscribing to the Binance newsletter.
Following Binance on social media.
These temporary promotions can provide significant savings if you align your trades with them.
6. Keep away from Frequent Small Trades
Each trade incurs a payment, so making multiple 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 may also help you keep away from overtrading and paying unnecessary fees.
Reducing trading fees on Binance doesn’t require complicated 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 distinction in your general trading performance.
Whether or not you are just getting started or already deep into crypto trading, optimizing for lower fees is a smart move that keeps more profits in your pocket.