Are there any tips or tricks to reduce trade fees on Binance?

1 answers

• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that reducing trade fees on Binance is definitely possible. One effective strategy is to use Binance's native cryptocurrency, BNB. By using BNB to pay for your trading fees, you can get a discount of up to 25%. Another tip is to take advantage of Binance's referral program. By referring new users to Binance, you can earn a commission on their trading fees, which can help offset your own fees. Additionally, you can consider using Binance's OTC trading desk for large trades. The OTC desk offers competitive rates and can help you save on fees. Finally, it's always a good idea to stay informed about Binance's latest fee policies and promotions, as they may introduce new ways to reduce fees.
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