Trading fees are a cost every Binance user should pay attention to. What many people don't realize is that using BNB (Binance Coin) to pay trading fees gives you a significant discount. If you don't have a Binance account yet, Register on Binance to experience low-fee trading, and Download Binance APP to manage your assets on the go.
How Much Does BNB Fee Discount Save?
Binance's default spot trading fee is 0.1%. When you enable BNB fee deduction, you get a 25% discount, bringing the effective fee down to 0.075%. For example, if your monthly trading volume is 100,000 USDT, standard fees would be 100 USDT — with BNB deduction, you'd pay only 75 USDT, saving 25 USDT per month.
For futures trading, BNB deduction also applies. Futures Maker fees are 0.02% and Taker fees are 0.04%; with BNB, these drop to 0.015% and 0.03% respectively. For frequent futures traders, the savings are substantial.
Let's run some concrete numbers. Assume you're a moderately active trader:
- Monthly spot volume: 50,000 USDT
- Monthly futures volume: 200,000 USDT
- Without BNB deduction: 50 USDT spot fees + 80 USDT futures fees (all Taker) = 130 USDT
- With BNB deduction: 37.5 USDT spot + 60 USDT futures = 97.5 USDT
- Monthly savings: 32.5 USDT, or 390 USDT per year
If your trading volume is higher, the savings grow proportionally.
How to Enable BNB Fee Deduction
Enabling it is straightforward. After logging into your Binance account, find the "Use BNB to Pay Fees" option and toggle it on:
In the app: Open Binance > Tap profile icon > Settings > Find "Use BNB to Pay Fees" > Enable
On the website: Log in > Click profile icon in upper right > Dashboard > Find "Use BNB for Fee Deduction" > Enable
The system will automatically deduct the equivalent BNB from your spot account as trading fees, calculated at the real-time BNB price.
Note that you need to hold some BNB in your account for this to work. If your BNB balance is insufficient, the system automatically falls back to charging fees in the traded currency. Buy some BNB ahead of time and keep it in your spot account to ensure every trade gets the discount.
How Much BNB Do You Need?
The amount depends on your trading frequency and volume. A simple estimation:
- Monthly trading volume x 0.075% = monthly BNB deduction amount needed
- Hold at least enough BNB for one month's usage
For example, with 100,000 USDT monthly spot volume, you'd need about 75 USDT worth of BNB per month. If BNB is priced at 600 USDT, that's roughly 0.125 BNB. Keep some extra as a buffer to avoid missing the discount on any trade.
BNB Deduction Stacks with VIP Levels
The 25% BNB discount stacks with VIP-level fee reductions. As your trading volume grows and your VIP level rises, base fees decrease further. Combined with BNB deduction, high-tier VIP users can see fees as low as 0.01% or less.
Binance VIP levels range from VIP 0 to VIP 9, determined by 30-day trading volume and BNB holdings. Higher levels mean lower base fees, and the 25% BNB discount applies on top of that.
Other Ways to Save on Fees
Beyond BNB deduction, there are more ways to reduce costs:
- Use limit orders (Maker): Limit order fees are typically lower than market order (Taker) fees — making limit orders a habit saves even more
- Referral rebates: Invite friends to register through your referral link and earn a portion of their trading fees
- Participate in promotions: Binance periodically runs fee discount events — follow official announcements to catch these opportunities
- Raise your VIP level: Increase trading volume and BNB holdings to level up
Summary
Using BNB for fee deduction is the simplest way to save money on Binance. Just hold a small amount of BNB and enable the feature to save 25% on every trade. Over time, these savings add up significantly. Every Binance user should enable this feature. For active traders, the savings from BNB deduction may well exceed the cost of holding BNB itself — it's a no-brainer.