Trading on Binance, fees may not seem high per trade, but they add up to a significant expense over time. Fortunately, the platform offers several ways to reduce fees — just spend a few minutes on setup and you'll save a bit on every trade. Today, let's compile every fee discount method available, leaving none out.
First, if you don't have a Binance account yet, registering through this link gets you exclusive new-user fee reductions. Existing users can download the official APK to check your current fee tier.
Method 1: Use BNB to Pay Fees
This is the simplest and most direct way to save — virtually every Binance user should enable it.
Steps:
Step 1: Buy some BNB in your Binance account. You don't need much — just enough to cover a few months of fees based on your trading frequency.
Step 2: Open the app, go to "Profile" or "Account Settings," find the "Use BNB to Pay Fees" option, and toggle it on.
Step 3: Done. From now on, fees from every trade will automatically be paid using BNB in your account.
With BNB deduction enabled, spot trading fees get an instant 25% discount. For example, the standard 0.1% rate drops to 0.075%. If your monthly trading volume is 100,000 USDT, you save 25 USDT per month, or 300 USDT per year.
Note that you need sufficient BNB balance in your account to enjoy the discount. If your BNB runs out, the system reverts to the standard rate. Check your BNB balance periodically and top up as needed.
Method 2: Upgrade Your VIP Tier
Binance's VIP system has ten levels, from VIP 0 to VIP 9. Higher tiers mean lower trading fees. VIP tier is determined by two factors (meeting either one qualifies):
- Cumulative trading volume over the past 30 days
- Average daily BNB holdings
For most active traders, VIP 1 is the easiest to achieve. You just need either 1 million USDT in 30-day trading volume or holdings of 25+ BNB.
VIP 1's spot Maker fee drops from 0.1% to 0.09%. Stacking the BNB 25% discount brings the effective rate to 0.0675%. Compared to the base 0.1% without any discounts, that's nearly a one-third reduction.
If your volume is higher and you reach VIP 3 or even VIP 5, futures fee reductions become even more significant.
Method 3: Referral Rebates
Binance's referral rebate mechanism is a money-saving channel many people overlook. When you invite someone through your referral link and they generate trades, you earn rebates — and in some promotions, the invitee also gets a portion of fee cashback.
If you have friends who also use Binance, you can invite new users to earn referral income that offsets your own trading fees. Referrers can earn up to 40% of the invitee's trading fees — that's a considerable percentage.
The specific rebate ratio depends on the referrer's BNB holdings and account status. Users holding 500+ BNB qualify for the highest rebate tier.
Method 4: Zero-Fee Trading Events
Binance frequently runs zero-fee events on certain trading pairs. Major pairs like BTC/USDT and ETH/USDT periodically enjoy limited-time zero-fee trading.
These events are typically announced on Binance's announcement page and last from a few days to several months. If your primary trading pair happens to be covered, your fees effectively go to zero.
How to stay informed? Enable push notifications in the app, or follow Binance's official social media accounts. Additionally, the Binance app homepage usually displays ongoing events — check it regularly.
Method 5: Use Limit Orders (Be a Maker)
In Binance's fee structure, Maker (limit order) rates are almost always lower than Taker (market order) rates. Makers provide market liquidity, and the platform rewards them with lower fees.
For futures trading, VIP 0 Maker fee is 0.02% while Taker is 0.05% — more than double the difference. Developing a limit order habit saves over 60% on fees per futures trade.
Operationally, it's simple: instead of using market orders, use limit orders and set your desired price to wait for execution. Of course, limit orders aren't guaranteed to fill, but in most conditions, a reasonably priced limit order won't take much longer.
Method 6: Apply for the Market Maker Program
If your trading volume is large enough or you have quantitative trading capabilities, consider applying for Binance's Market Maker Program.
Market makers enjoy a separate, more favorable fee structure than regular VIP users. The biggest highlight is that Maker fees can be negative — meaning when your limit order fills, the platform not only doesn't charge you but actually pays you.
Applying requires meeting certain conditions, typically including volume and technical requirements. If interested, find the market maker application page on Binance's website.
Method 7: Hold Specific Tokens for Discounts
Besides BNB, Binance occasionally runs promotions where holding certain tokens earns fee discounts. These events typically coincide with new token listings or specific marketing campaigns.
While not a permanent benefit, if you happen to hold the relevant token or are already interested in it, it's a nice bonus.
Stacking Multiple Methods for Best Results
Many of these methods can be combined. For example, you can simultaneously:
- Enable BNB deduction (25% off spot)
- Upgrade VIP tier (lower base rate)
- Use limit orders (enjoy lower Maker rate)
- Participate in zero-fee events (certain pairs are free)
Stacking these together pushes your effective fees to very low levels.
A concrete example: suppose you're VIP 1, have BNB deduction enabled, and use limit orders for spot trading. Your effective Maker rate is approximately 0.09% x 75% = 0.0675%. Compared to 0.1% with no optimizations, that's a one-third savings.
For futures trading, VIP 1's Maker rate is 0.018%, and adding BNB deduction pushes it even lower. Frequent traders can save thousands or even tens of thousands of USDT annually — that's no small amount.
Final Advice
Saving on fees is all about building habits. Many methods only need to be set up once to take effect permanently (like BNB deduction), while others require ongoing attention (like zero-fee events).
I recommend spending a few minutes right now: check if BNB deduction is enabled, see how far you are from the next VIP tier, and try placing a limit order on your next trade. These small changes, compounded over time, can save you a considerable amount in trading costs.