Is it possible to trade on Binance without paying fees and still make a profit?

3 answers

• Dec 28, 2021 · 3 years ago
  Yes, it is possible to trade on Binance without paying fees. Binance offers a fee discount program called BNB (Binance Coin) which can be used to pay for trading fees. By holding BNB in your account, you can enjoy a discount on your trading fees. This can help you reduce your costs and potentially increase your profits. However, it's important to note that trading always carries risks, and it's essential to do thorough research and analysis before making any trading decisions.
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• Dec 28, 2021 · 3 years ago
  Absolutely! Binance provides a way for users to trade without paying fees by using their referral program. By referring new users to Binance, you can earn a commission on their trading fees. This commission can be used to offset your own trading fees, allowing you to trade without paying fees and still make a profit. It's a win-win situation for both you and the new users you refer. Just make sure to follow Binance's referral program rules and guidelines to ensure you comply with their terms and conditions.
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• Dec 28, 2021 · 3 years ago
  Yes, it is possible to trade on Binance without paying fees and still make a profit. However, it's important to understand that trading fees are a necessary part of the exchange's operations. Binance charges fees to cover the costs of maintaining the platform and providing a secure trading environment. While it may be possible to find ways to reduce or offset these fees, it's important to consider the long-term sustainability of such strategies. It's always recommended to focus on making informed trading decisions and managing your risk effectively, rather than solely relying on fee avoidance strategies.
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