The Core Answer on the Rebate Mechanism
Binance's default spot fee is 0.1% (both sides of a trade). With BNB deduction, you get a 25% discount (0.75x); as a Maker, you get another 20% cut. A new user trading 10,000 USDT per month with every discount stacked can save 2.5 to 5 USDT in fees per month.
To experience this rebate system, you need an account first. Register a Binance account through the Chinese registration channel — new users will see a referral-code event entry on the home page — or download the Binance APP to operate on mobile; the APP's fee settings sync completely with the web.
The Three-layer Structure of Binance Fees
Binance's fees are far more nuanced than they look; truly understanding them requires looking at three layers:
Layer 1: Maker vs. Taker distinction A Maker places a limit order and waits to be filled — a liquidity provider. A Taker takes liquidity from an existing order book. Maker fees are about 20% lower than Taker fees.
Layer 2: VIP tier Binance rates VIP 0-9 based on 30-day trading volume and BNB holdings. Ordinary users are all VIP 0 (monthly volume < 1 million USDT).
Layer 3: BNB deduction toggle With BNB deduction on, fees are deducted from your BNB balance first, with a 25% discount.
Binance Fee Schedule (Spot)
| VIP Tier | 30-day volume (USDT) | Maker | Taker | With BNB Maker | With BNB Taker |
|---|---|---|---|---|---|
| VIP 0 | < 1M | 0.1000% | 0.1000% | 0.0750% | 0.0750% |
| VIP 1 | ≥ 1M | 0.0900% | 0.1000% | 0.0675% | 0.0750% |
| VIP 2 | ≥ 5M | 0.0800% | 0.1000% | 0.0600% | 0.0750% |
| VIP 3 | ≥ 20M | 0.0420% | 0.0600% | 0.0315% | 0.0450% |
| VIP 4 | ≥ 100M | 0.0420% | 0.0540% | 0.0315% | 0.0405% |
| VIP 5 | ≥ 150M | 0.0360% | 0.0480% | 0.0270% | 0.0360% |
| VIP 9 | ≥ 4B | 0.0120% | 0.0240% | 0.0090% | 0.0180% |
For the vast majority of new users, the best rate you can get is 0.075% (both Maker and Taker). Anything lower requires monthly volume above 1 million USDT.
How to Activate Rebates: 4 Steps
Step 1: Turn On BNB Deduction
After logging in, tap the top-right avatar → "Fees" → find the "BNB deduction" toggle → turn it on.
Once enabled, each trade's fee is deducted from your BNB balance first, with a 25% discount. Note: your account must hold BNB for deduction to work, and without BNB deduction, no matter how you trade, you pay the standard rate.
Step 2: Keep a Small BNB Balance
We recommend keeping at least 5-10 USDT worth of BNB (about 0.005 BNB) as a fee reserve. BNB deduction is slow to burn — generally 10 USDT of BNB can cover fees on about 1,000 USDT of volume.
BNB can be bought directly with USDT in the spot market, or bought with CNY through C2C.
Step 3: Use Limit Orders to Become a Maker
Users used to "market orders" can only be Takers. Switch to limit orders with "post only" mode — your order sits on the book waiting to be filled, and your rate drops from 0.1% to 0.08%, or down to 0.06% combined with BNB deduction.
The downside: if the market runs hard, your order may never fill, and you miss the move.
Step 4: Register Through a Referral Code / Rebate Link
This is the one many people overlook. New users registering through a link with a referral code receive a 20% rebate on every fee. If you already registered without a referral code, you can sometimes still bind one later in "Settings" (supported in some periods).
How Much Can a New User Save in a Month?
Suppose you are a typical small-size new trader:
Scenario A: Buy 300 USDT per day, monthly volume 9,000 USDT, all market orders
- No discounts: 9000 × 0.1% = 9 USDT
- BNB deduction: 9000 × 0.075% = 6.75 USDT (saves 2.25 USDT)
- Limit orders + BNB deduction: 9000 × 0.06% = 5.4 USDT (saves 3.6 USDT)
- Limit + BNB + 20% rebate: 4.32 USDT (saves 4.68 USDT)
Scenario B: 2,500 USDT per week, monthly volume 10,000 USDT
- No discount: 10 USDT in fees
- All discounts on: 4.8 USDT (saves 5.2 USDT)
Scenario C: Active trader, monthly volume 100,000 USDT
- No discount: 100 USDT in fees
- All discounts: 48 USDT (saves 52 USDT/month)
As you can see, the more volume, the more you save. Saving 3-5 USDT per month as a newcomer may seem small, but over the long run it lets you buy meaningfully more crypto.
Futures Fees vs. Spot Fees
Futures (perpetual/delivery) and spot have independent fee schedules:
| Product | Default Maker | Default Taker | With BNB deduction |
|---|---|---|---|
| Spot | 0.100% | 0.100% | -25% |
| USDⓈ-M futures | 0.020% | 0.050% | -10% |
| COIN-M futures | 0.020% | 0.050% | -10% |
Futures rates look low, but leverage magnifies the cost. A 100 USDT principal at 10x leverage means a 1,000 USDT position — a Taker fee of 0.5 USDT, which is 0.5% of principal, more painful than spot.
Three Places to Check Rebates
Entry 1: Fee Center
"Account → Fees" shows your current VIP tier, Maker/Taker rates, and BNB deduction status.
Entry 2: Fee History
"Wallet → Trade History → Fees" shows how much you paid per trade in the last 180 days and how each fee was settled.
Entry 3: Rebate Account
"Referral → My Rewards" shows the commission you earned via your referral code, plus rebates received after registering with a referral code yourself.
Common Misconceptions and Pitfalls
Myth 1: "Just holding BNB gives you the discount"
Wrong. Holding BNB does not enable the deduction. You must turn on the BNB deduction toggle in the fee page for fees to come out of BNB.
Myth 2: "My volume is small, VIP does not help"
Wrong. VIP 0 already has BNB deduction benefits with zero threshold. Volume is only required to climb to VIP 1 or higher.
Myth 3: "I can bind a referral code later"
Partially wrong. Binance's policy changes frequently. Using a referral code at registration is the most reliable — binding afterwards may or may not succeed.
Myth 4: "Futures fees are lower than spot, so futures are cheaper"
Wrong. Futures use leverage, so fees are calculated on position value, not principal — the real cost can be far higher than spot.
FAQ
Q1: What happens when my BNB runs out for deduction?
Fees revert to the standard rate automatically. When your BNB balance cannot cover the fee, Binance deducts directly from your assets at the standard rate (no more 25% discount). We recommend keeping at least the equivalent of 5 USDT in BNB at all times.
Q2: Are limit orders always cheaper than market orders?
Not necessarily. Limit orders get a 20% Maker discount, but may not fill. If you need quick entries and exits, market orders are more appropriate. Small DCAs use limit orders; short-term trades use market orders — this is a common split.
Q3: Are there extra fee-waiver events for new users?
Yes. Binance occasionally hands out "trading fee rebate vouchers" to new users in the Events Center. Face values typically range 10-50 USDT, valid within 30 days. Check the Events Center right after registering — miss it and it is gone.
Q4: Are there restrictions on mainland users using referral codes?
No. Referral codes are global; mainland users can use them too. Rebates are calculated from your actual volume and settled daily.
Q5: How long before I can withdraw rebates?
Real-time settlement, real-time availability. Once credited, rebates can be used to trade or withdraw immediately — no lock-up period. Click "Transfer to spot account" in "Referral → My Rewards" to use them.