Why Fees Matter
Many traders don't pay attention to fees at first — 0.1% per trade seems tiny. But once you start trading frequently or your capital grows, the cumulative effect becomes very real. If your monthly trading volume is 1,000,000 USDT at a 0.1% rate, that's 1,000 USDT per month in fees. Drop that rate to 0.06%, and you save 400 USDT per month — or 4,800 USDT per year.
Here's a systematic look at every way to lower your Binance fees.
Method 1: Pay Fees with BNB
This is the simplest and most accessible way to save, available to all users.
How to Set It Up
- Buy some BNB (you don't need much — estimate based on your trading volume).
- Enable "Use BNB to Pay Fees" in your Binance settings.
- Enjoy a 25% discount on spot trading fees.
The Impact
With BNB fee payment enabled, your spot fee drops from 0.1% to 0.075% — saving 2.5 USDT for every 10,000 USDT traded.
Things to Note
- You need enough BNB in your account to cover fees; otherwise, fees will be deducted at the standard rate from the traded asset.
- Futures trading also supports BNB fee payment, with a 10% discount.
- BNB discounts stack with VIP tier fee reductions.
Method 2: Register with a Referral Code
If you haven't created a Binance account yet — or plan to open a new one — using a referral code is a great way to lock in fee savings from the start.
How It Works
Binance's referral system lets the referrer share a portion of their commission with the person they invite. The referrer can set up to 20% of trading fee rebates for the invitee.
Steps
- Find a valid referral code or referral link.
- Enter the referral code on the registration page.
- After registration, a portion of your trading fees will automatically be rebated.
Important Reminders
- Referral codes can only be entered during registration — they cannot be added afterward.
- Different referral codes offer different rebate percentages — confirm before you sign up.
- Rebates are typically paid in BNB or USDT to your account.
Method 3: Upgrade Your VIP Level
Higher VIP levels mean lower fees. This is the most "hardcore" way to save.
Fee Rates by VIP Level
| Level | Spot Maker | Spot Taker | Futures Maker | Futures Taker |
|---|---|---|---|---|
| VIP 0 | 0.100% | 0.100% | 0.020% | 0.050% |
| VIP 1 | 0.090% | 0.100% | 0.016% | 0.040% |
| VIP 3 | 0.070% | 0.090% | 0.014% | 0.040% |
| VIP 6 | 0.020% | 0.060% | 0.008% | 0.032% |
| VIP 9 | 0.010% | 0.030% | 0.002% | 0.017% |
Upgrade Tips
- Consolidate your trading volume in one account — don't spread it across multiple accounts.
- Use futures trading to reach VIP thresholds faster (futures volume requirements are easier to hit due to leverage).
- Holding BNB can help you meet VIP criteria through the asset-based pathway.
Method 4: Use Maker Orders
Whenever possible, use limit orders instead of market orders. Limit orders often qualify as Maker orders, which carry lower fees.
Spot Trading
- Maker: 0.1%
- Taker: 0.1%
At VIP 0, Maker and Taker rates are the same for spot. But starting at VIP 1, Maker rates are lower than Taker.
Futures Trading
- Maker: 0.02%
- Taker: 0.05%
In futures, the gap between Maker and Taker is much wider — using limit orders can save you 60% on fees.
How to Ensure Maker Status
- Use a limit order and set a price that won't immediately fill.
- Avoid using "IOC" (Immediate-Or-Cancel) mode.
- Use "Post Only" mode to guarantee your order only executes as a Maker.
Method 5: Choose the Right Trading Pairs
Binance periodically offers Zero Fee Trading Pairs. During these promotions, selected pairs are completely fee-free.
How to Take Advantage
- Follow Binance's official announcements to see which pairs are currently zero-fee.
- If you're trading a coin that has a zero-fee pair available, prioritize it.
- Some BTC pairs (like BTC/USDT, BTC/BUSD) occasionally waive Maker fees.
Method 6: Choose Low-Cost Withdrawal Networks
Selecting a cheaper blockchain network at withdrawal time can save you a lot:
- For USDT withdrawals, use TRC20 or BSC — fees are around 1 USDT.
- Avoid ERC20 for small withdrawals — fees can reach 5–20 USDT.
- If the receiving platform supports it, BEP20 (Binance's own chain) is the cheapest option.
Putting It All Together
Stacking these methods yields the best results. Here's an example for a regular user:
Before optimization (VIP 0, no discounts):
- Spot rate: 0.1%
- Monthly volume: 500,000 USDT
- Monthly fees: 500 USDT
After optimization (BNB discount + referral rebate + Maker orders):
- Spot rate: 0.075% (BNB discount)
- Referral rebate of 20%: Effective rate ≈ 0.06%
- Prioritize Maker orders
- Monthly fees: ≈ 300 USDT
- Monthly savings: ≈ 200 USDT
Summary
Lowering your Binance fees doesn't require any special tricks — it's about consistently doing a few simple things. The top recommendation: register with a referral code, enable BNB fee payment, and use limit orders when trading. Once you've done those three things, your fees will already be lower than most users'. As for VIP upgrades, treat them as a natural bonus when your volume grows — don't force it.