Binance is one of the most popular exchanges in the world, and its standard spot fees are already low at around 0.02% maker and 0.05% taker. The good news is that you can push what you actually pay even lower. This guide covers the three levers that work, from order type to the BNB discount to cashback, and where each one helps most.
Updated June 2026
On Binance spot, you pay roughly 0.02% as a maker and 0.05% as a taker. A maker order adds liquidity by resting on the order book, while a taker order removes liquidity by filling instantly against an existing order.
That gap matters because the fee applies to every trade, on both the entry and the exit, and it scales with your volume rather than your profit. Knowing which side you are on is the first step to paying less.
The simplest way to cut your Binance fee is to trade as a maker. Instead of hitting the market with a market order, place a limit order that rests on the book and waits to be filled.
When that order fills, you pay the cheaper maker rate. If your strategy can tolerate waiting a few seconds for a fill, this is a free reduction that requires no extra account setup.
Binance gives a fee discount when you hold BNB and choose to pay your trading fees with it. Switching this on in your account settings lowers the fee on every spot trade you make.
It is a small but reliable saving, and it stacks with the maker fee above. The trade-off is that you need to keep some BNB in your account and accept exposure to its price.
The lever most Binance users never set up is fee cashback. By signing up through TetherBoost with the Binance referral code TETHERBOOST, you get 20% of your trading fee back. The rebate is paid by Binance directly, automatically, on every trade.
This is not a risky self-referral trick. As an official affiliate, there is no account-suspension risk, TetherBoost never holds your funds, and the rebate continues for as long as you trade. A 20% rebate turns a 0.05% taker fee into an effective 0.04%, and it stacks with the maker and BNB discounts above.
Binance is a strong default, but cashback rates vary a lot between exchanges. Some TetherBoost partners offer much higher rebates, with Ourbit up to 70% and MEXC up to 65%.
For a very active, high-volume trader, that difference can outweigh Binance's low headline fee. If fees are your single biggest cost, it is worth comparing your effective fee after cashback rather than the sticker rate alone.
Sign up through TetherBoost with code TETHERBOOST to get 20% of every Binance trading fee back, paid by Binance, automatically. Trading heavy volume? Compare partners with higher cashback too.
Compare all exchanges →TetherBoost is an independent affiliate partner of the exchanges mentioned. Cashback is paid to you by each exchange directly. Crypto trading carries risk and nothing here is financial advice.
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