A Binance Fee Setting You Should Know About

If you trade Spot on Binance, check this before you start trading.

Binance lets you pay your trading fees with BNB, and you get a 25% discount on the Spot trading fee.

Here’s a simple example:

You buy with $100.
Your trade makes 10%.
Now your position is worth $110.

If your fee is 0.10%:
$110 - $0.11 = $109.89

If you pay fees with BNB at 0.075%:
$110 - $0.0825 = $109.92

It’s only a few cents on $100.

But if you trade often, those small amounts can add up.

So if you’re using Binance Spot, it’s worth checking whether “Use BNB to pay fees” is turned on.