How does using BNB to pay for fees on Binance save me money?
lekshmi pradeepJan 12, 2022 · 3 years ago3 answers
Can you explain how using BNB to pay for fees on Binance can help me save money?
3 answers
- Jan 12, 2022 · 3 years agoAbsolutely! When you use BNB (Binance Coin) to pay for fees on Binance, you can enjoy a discount. By default, Binance charges a 0.1% trading fee for both makers and takers. However, if you choose to pay with BNB, you will receive a 25% discount on your trading fees. This means that instead of paying the full 0.1% fee, you only pay 0.075%. Over time, this can add up to significant savings, especially for frequent traders.
- Jan 12, 2022 · 3 years agoUsing BNB to pay for fees on Binance is a smart move if you want to save money. The discount you get by using BNB can make a noticeable difference, especially if you are an active trader. It's a win-win situation: Binance benefits from increased BNB usage, and you benefit from reduced fees. So, if you're trading on Binance, don't miss out on the opportunity to save some money by using BNB to pay for your fees.
- Jan 12, 2022 · 3 years agoWhen it comes to saving money on Binance, using BNB to pay for fees is a game-changer. BNB is Binance's native cryptocurrency, and by using it to pay for fees, you can enjoy a substantial discount. This discount is not only available for spot trading, but also for futures trading and other services on Binance. So, whether you're a day trader or a long-term investor, using BNB can help you keep more of your hard-earned money in your pocket.
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