- #BINANCE REFERRAL CODE REDDIT HOW TO#
- #BINANCE REFERRAL CODE REDDIT UPGRADE#
- #BINANCE REFERRAL CODE REDDIT CODE#
#BINANCE REFERRAL CODE REDDIT CODE#
To get a 20% fee discount on Binance, you can also directly enter the code ”WRYOO8BZ” in the referral ID field when opening your Binance account. To open your Binance account with a 20% fee discount, click the button below:
You will pay a 0.08% trading fee instead of the standard 0.1%. To reduce Binance spot fees, you can open a Binance account with a 20% fee discount by clicking this link or the button below. You can reduce Binance fees from 0.1% to 0.06% by opening a Binance account with a 20% fee discount using the referral ID ”WRYOO8BZ” and BNB to pay for fees. Luckily, you can pay much lower fees than 0.1% and you don’t need a trading volume of more than 1M BUSD to do that. To calculate these fees, you can also use our Binance fee calculator: So, if you buy Bitcoin with 200 USDT, you will basically get $199.8 worth of Bitcoin. You should first divide your order size (total) by 100 and then multiply it by your fee rate which is 0.10% for VIP 0 users. When you make a trade with 200 USDT, 0.2 USDT will be charged as a trading fee. Let’s say you have 200 USDT in your wallet and you will buy BTC, BNB or any other coin. Now let’s move on to Binance fee calculation. Notice that you also need BNB (at least 25 BNB) in your wallet besides adequate trading volume to level up and enjoy lower trading fees.
#BINANCE REFERRAL CODE REDDIT UPGRADE#
To upgrade to VIP 1 level, you need to trade 1M BUSD worth of crypto on the spot exchange or 15M BUSD on the futures exchange. If you don’t have a Binance account, you can click this link or use the referral ID ”WRYOO8BZ” to open your Binance account with a 20% fee discount.įor example, my trading volume in the spot markets in the last 30 days is below 1M BUSD as you can see in the image below, so I will be charged a 0.10% trading fee for both maker and taker orders as a VIP 0 user. To calculate the fee you’ll pay, you should first know your trading volume in the last 30 days, which you can check out on this page if you have a Binance account. Well, what do these rates exactly mean? How can you calculate the fee you will pay when you make a trade?Įven though understanding and calculating Binance fees are not a big deal for most traders, it might be a bit confusing for especially beginners. The table below shows the trading fee that you will be charged when you trade on spot markets depending on your trading volume in the last 30 days: 30d Trade Volume (BUSD) &/or BNB Balance
#BINANCE REFERRAL CODE REDDIT HOW TO#
In this guide, I’ll give you an overview of Binance fees and show you how to calculate and reduce Binance fees.
So, if you do more than just trade on spot markets on Binance, you should know about these fees too. There are also various other markets, products and types of trading activities you can engage in on Binance such as futures markets, leveraged tokens and margin trading.Įach comes with a different fee structure. But it is actually very easy to understand how Binance fees work and calculate Binance fees.īinance has a simple trading fee structure with fees starting from 0.1% for spot markets. Binance’s fee structure might look a bit complex to beginners at first.