When trading spot on Binance, every buy and sell incurs a trading fee. While each individual fee seems small, if you trade frequently, the accumulation adds up to a significant expense. This article compiles every fee-saving method available on Binance — every bit saved counts.
If you haven't registered for Binance yet, opening an account through our referral link is the first step to saving money — registering through a referral link typically gets you a fee discount. App download link: the official APK.
First, Understand How Fees Are Calculated
Binance's standard spot trading fee rate is 0.1% per trade. That means if you buy 1,000 USDT worth of BTC, the fee is 1 USDT. The same 0.1% is charged when selling.
A complete trading cycle (buy + sell) costs 0.2% in fees. If you make 50 trades per month, the total fee expense is 0.2% x 50 = 10% of your total trading volume. That's quite substantial.
Binance's fees are divided into two parts:
- Maker fee: When your order sits on the order book waiting to be filled, you're the Maker
- Taker fee: When your order immediately matches with an existing order on the book, you're the Taker
By default, both Maker and Taker rates are 0.1%. But through the following methods, you can significantly reduce these rates.
Method 1: Use BNB to Pay Trading Fees
This is the simplest and most commonly used money-saving method.
BNB is Binance's platform token. If you hold some BNB in your account and enable the "Use BNB to pay trading fees" option in settings, your fees will automatically be paid in BNB with a 25% discount.
This means fees drop from 0.1% to 0.075%. A complete trading cycle cost drops from 0.2% to 0.15%.
How to enable:
- Open the Binance App
- Tap "More" or your profile in the bottom right corner
- Find the "Use BNB to pay trading fees" toggle
- Turn it on
Note: Your spot account needs sufficient BNB balance to cover the fees. If your BNB balance is insufficient, the system will automatically charge fees in the trading currency (at the standard rate). It's recommended to buy some BNB in advance.
Method 2: Get Rebates by Registering Through a Referral Link
Registering on Binance through someone's referral link, or entering a referral code during registration, earns you trading fee rebates. The rebate percentage is typically between 10% and 20%, and may be higher during special promotional periods.
This discount stacks with the BNB deduction. That means you first get a 25% discount with BNB, then get part back through referral rebates, pushing your effective fee rate even lower.
If you've already registered on Binance without using a referral link, unfortunately this benefit is lost since referral codes can't be added after registration. So if you haven't registered yet, be sure to use a referral link.
Method 3: Upgrade Your VIP Level
Binance has a VIP tier system based on your 30-day trading volume and BNB holdings. The higher your tier, the lower your fees.
Key VIP levels and corresponding rates:
| VIP Level | 30-Day Volume (USDT) | Maker Rate | Taker Rate |
|---|---|---|---|
| Regular | < 1M | 0.1% | 0.1% |
| VIP 1 | >= 1M | 0.09% | 0.1% |
| VIP 2 | >= 5M | 0.08% | 0.1% |
| VIP 3 | >= 20M | 0.07% | 0.08% |
| VIP 4 | >= 50M | 0.06% | 0.07% |
For most regular users, VIP-level discounts may not be realistic since the thresholds are quite high. But if your trading volume is genuinely large, the savings are considerable.
Method 4: Use Limit Orders Instead of Market Orders
As mentioned earlier, in some VIP tiers, Maker fees are lower than Taker fees. Even at the standard level where both are the same, developing the habit of using limit orders has benefits:
- Limit orders let you control the execution price, avoiding market order slippage
- Some Binance promotions may offer additional Maker discounts
- Higher VIP tiers have significantly lower Maker rates compared to Taker rates
How to do it? Simple — choose "Limit" instead of "Market" each time you trade, and set the price close to the current market price. For example, if BTC is currently at 65,000, set a buy limit order at 64,990. It usually fills within seconds, but you qualify as a Maker.
Method 5: Participate in Zero-Fee Trading Pair Promotions
Binance periodically offers zero-fee promotions on certain trading pairs. For example, the BTC/USDT pair may have zero Maker fees during certain periods.
These promotions are typically announced on Binance's announcements page. If you mainly trade BTC and other major tokens, watching for these promotions can save you a significant amount.
How to check which trading pairs currently have promotions:
- In the Binance App or web, go to the "Announcement Center"
- Check the "Latest Activities" section
- Or on the trading page, trading pairs with zero-fee tags will have special markings
Method 6: Use Binance Points
Binance has a points system where you can earn points by completing tasks and participating in events. These points can be redeemed for fee discount vouchers or used directly to offset fees.
While the savings from points are typically small, every little bit helps — free discounts shouldn't be left on the table.
Combined Savings Strategy
Combining all the methods above, the optimal setup for a regular user is roughly:
- Register through a referral link (get fee rebates)
- Enable BNB deduction (25% off)
- Use limit orders whenever possible (be a Maker)
- Watch for zero-fee promotions
- Accumulate trading volume for VIP upgrades (long-term goal)
Assuming you get the 25% BNB discount and 10% referral rebate:
- Standard rate: 0.1%
- After BNB discount: 0.075%
- After referral rebate: approximately 0.0675%
That's about two-thirds of the original rate. It may not seem like a big difference, but if your annual trading volume is 1 million USDT, the fee savings amount to several hundred USDT.
Other Indirect Money-Saving Practices
Reduce unnecessary trades. The most effective way to save on fees is to trade less. Every buy and sell has a cost. Frequent short-term operations not only rack up high fees but don't necessarily improve your win rate.
Avoid small frequent trades. Although fees are proportional, frequent small trades waste money on "dust" balances. Concentrating funds and reducing trade frequency is the smarter approach.
Choose trading pairs wisely. The same token may have multiple trading pairs (e.g., BTC/USDT, BTC/BUSD), and fee policies may differ between them. Check before ordering to see which pair has promotional rates.
Mind withdrawal fees. While not spot trading fees, choosing different networks for withdrawals makes a huge difference. For example, USDT withdrawal fees on the TRC-20 network are typically much lower than on ERC-20.
Summary
The core fee-saving strategy comes down to four things: use BNB deduction, register through a referral link, place limit orders, and avoid unnecessary trades. These methods require no extra cost — just slight adjustments to your operating habits. Over time, the savings may be much more than you'd expect.