How to use it
- Fee rate defaults to 0.1% (roughly the spot ballpark for ordinary users). If you're on a higher tier or trading futures, change it to the rate Binance's page shows for you.
- BNB discount: once you switch it on in the trading screen, this part of the fee is discounted. On spot it's been around 25% off for a long time.
- Invite-code rebate: after you register through an invite code, a share of the fee is returned. Defaults to 20% — go by Binance's page.
To understand the logic behind these numbers, read how Binance fees are actually calculated; if you just want to know whether the BNB discount is worth it, read this one.
A worked example
Say you buy 2000 USDT of a coin in one go and the spot rate is 0.1% — the fee on that trade is 2 USDT. If you entered an invite code when you signed up and also turned on the BNB discount when trading, what you actually pay drops to somewhere around 1.2 USDT, saving roughly 0.8 USDT per trade. Roll that over a year of buying and selling tens of thousands of USDT a month and it stops being small change. All of the above are illustrative figures; the real rate, discount and rebate percentage are whatever Binance's page shows at the time — swap in your own numbers and the calculator works it out live.
* The final rate is whatever Binance shows on its page; the perk comes from registering through our invite code and adds nothing to your cost.