1. Introduction
When trading cryptocurrencies and forex, understanding the fee structures of different platforms is essential to maximize profits. Binance, Bybit, and Exness each have their own fee models, which can impact your trading efficiency. This guide will break down the trading fees on these platforms and provide strategies to minimize costs.
2. Trading Fees Overview
Binance Trading Fees
- Spot Trading Fees: 0.1% for both makers and takers.
- Futures Trading Fees:
- Maker: 0.02%
- Taker: 0.04%
- Discounts:
- Holding BNB can reduce fees by 25%.
- Higher VIP levels grant lower fees.
Bybit Trading Fees
- Spot Trading Fees:
- Maker: 0.1%
- Taker: 0.1%
- Futures Trading Fees:
- Maker: 0.02%
- Taker: 0.055%
- Discounts:
- VIP levels reduce fees.
- Bybit Earn program allows fee reductions.
Exness Trading Fees
- Forex and Crypto Spreads:
- Standard Account: No commission, but higher spreads.
- Raw Spread Account: 0.0 pips spread, but commissions apply ($3.50 per lot per side).
- Swap Fees:
- Overnight fees apply for leveraged positions.
3. How to Reduce Trading Fees
1. Use Native Tokens for Discounts
- On Binance, holding and using BNB for trading fees reduces costs by 25%.
2. Increase Trading Volume
- Most exchanges offer tiered discounts for high-volume traders.
- Binance VIP levels and Bybit’s tiered system lower fees significantly.
3. Choose the Right Trading Account
- Exness users can opt for Raw Spread or Zero accounts to get lower spreads and better trading conditions.
4. Use Referral and Promotional Offers
- Some exchanges offer fee reductions for new users who sign up using referral links.
4. Conclusion
Optimizing trading fees is key to maximizing profits. By leveraging VIP levels, native token discounts, and choosing the right trading account, traders can save significantly.
📌 Sign Up and Save on Fees:
- Binance: Register and Reduce Fees
- Bybit: Join and Trade with Lower Costs
- Exness: Get Low Fees and Tight Spreads
Leave a Reply