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How can I use BNB to get discounts on trading fees?

avatarJasvinder SandhuDec 24, 2021 · 3 years ago3 answers

Can you explain how I can utilize BNB to receive discounts on trading fees? I've heard that BNB can be beneficial in reducing trading costs, but I'm not sure how to go about it. Could you provide some guidance on how to take advantage of this feature?

How can I use BNB to get discounts on trading fees?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! Using BNB to get discounts on trading fees is a great way to save money. On Binance, you can enable the 'Use BNB to pay for fees' option in your account settings. Once enabled, your trading fees will be automatically deducted from your BNB balance, and you'll receive a 25% discount on the fees. This discount gradually decreases over time, so make sure to check the Binance website for the latest fee reduction schedule.
  • avatarDec 24, 2021 · 3 years ago
    Absolutely! BNB, which is Binance's native token, can be used to pay for trading fees on the platform. By using BNB to pay for fees, you can enjoy a discount of up to 25%. This is a great way to save money, especially if you are a frequent trader. Just make sure you have enough BNB in your account to cover the fees, and enable the option to use BNB for fee payment in your account settings.
  • avatarDec 24, 2021 · 3 years ago
    Certainly! BNB, the native token of Binance, can be used to pay for trading fees on the platform. By using BNB, you can receive a discount on your trading fees. The discount starts at 25% in the first year and gradually decreases over time. To use BNB for fee payment, you need to enable the option in your account settings. It's a simple and effective way to reduce your trading costs and maximize your profits.