I will teach you a way to save a meal a day, especially for those who are new and trade frequently, you may save hundreds of yuan a day, that is, BNB deducts transaction fees.
Binance's spot trading is a buy or sell transaction fee of 1,000 yuan, and the transaction fee for one buy and one sell is 2,000 yuan.
For example: If you buy 10,000u of Bitcoin, you will be charged a 20u transaction fee, but if you buy a little BNB and choose to use BNB to deduct the transaction fee, you will be charged 15u worth of BNB, which can save 5u. Note that you must have more than 15u of BNB in your account, otherwise you will still be charged 20u.
However, Binance's spot has a trading pair with zero order fees, and you can open and close positions with zero fees, so spot trading is very cost-effective.
Contract trading u-based can also use BNB to deduct transaction fees, and using BNB to deduct transaction fees is 10% off. The principle of use is the same as spot trading. You must hold enough BNB to pay the transaction fee for this order and transfer it to your trading account. (The following figure is a detailed explanation of the settings)
Here, BiBi sincerely recommends that everyone buy some BNB according to their own trading volume. It is best to buy enough for 5 days of transaction fees, because when the market comes, you often want to trade quickly and don’t care about small things like transaction fees. If you save 1u per transaction, it can also save a lot of expenses for high-frequency traders.
(BNB discounts do not conflict with user rebates, which greatly reduces user transaction fee expenses.)
