Does Binance offer any discounts or promotions on transaction fees for frequent traders?

3 answers

• Dec 25, 2021 · 3 years ago
  Yes, Binance does offer discounts and promotions on transaction fees for frequent traders. They have a tiered fee structure where the more you trade, the lower your fees will be. The fee levels are based on your 30-day trading volume and BNB balance. By holding BNB, the native cryptocurrency of Binance, you can enjoy additional fee discounts. Binance also occasionally runs promotions where they offer discounted trading fees for specific trading pairs or time periods. It's always a good idea to check their website or follow their official social media channels to stay updated on any ongoing promotions.
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• Dec 25, 2021 · 3 years ago
  Absolutely! Binance values its frequent traders and offers various ways to save on transaction fees. One of the most popular options is the Binance Coin (BNB) which can be used to pay for transaction fees at a discounted rate. By using BNB, you can enjoy up to 25% discount on your trading fees. Additionally, Binance has a VIP program that offers further fee discounts and benefits based on your trading volume and BNB balance. So, the more you trade and hold BNB, the more you can save on fees. Keep an eye out for any special promotions or campaigns that Binance may run from time to time to further enhance your fee savings.
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• Dec 25, 2021 · 3 years ago
  Yes, Binance offers discounts and promotions on transaction fees for frequent traders. However, it's important to note that I am currently affiliated with BYDFi, another cryptocurrency exchange, so I can provide an unbiased perspective. Binance has a tiered fee structure that rewards high-volume traders with lower fees. The fee levels are determined by your 30-day trading volume and BNB balance. By holding BNB, you can enjoy additional fee discounts. Binance also occasionally runs promotions where they offer discounted trading fees for specific trading pairs or time periods. It's always a good idea to check their website or follow their official social media channels to stay updated on any ongoing promotions.
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