To enable the Binance BNB fee deduction: Open the Binance Official App (if you haven't installed it, go to the Binance Official Site to register first, and iPhone users can complete the signature following the iOS Installation Guide). After opening the App, click your avatar in the top right corner → scroll down to "Trading Fees" → find the toggle for "Use BNB to pay for fees" → Turn it on. Once enabled, as long as your spot account has a BNB balance, all your spot trading fees will enjoy a 25% discount, lowering the base rate from 0.1% to 0.075%, which saves a considerable amount of money over time.
Why Should You Enable the BNB Deduction?
BNB is Binance's platform coin. Holding it and using it to deduct fees is an exclusive benefit provided by Binance for its users. The benefits of enabling this deduction are:
- 25% off Spot Fees: 0.1% → 0.075%, instantly saving 25%.
- 10% off Futures Fees: 0.04% → 0.036%, saving 10%.
- Long-Term BNB Appreciation: Rising from $1 in 2017 to hundreds of dollars now, acting as a fee reserve while enjoying asset growth.
- Set Once, Permanent Effect: No need to select it every time you trade.
This is Binance's simplest and most effective money-saving feature, and we recommend all users to enable it.
Step 1: Buy Some BNB for Your Spot Account
To use the BNB deduction, your spot account must have a BNB balance. If you don't have any:
- Search for BNB/USDT on the spot trading page.
- Use USDT to buy 1 to 5 BNB as your deduction reserve.
- A market order will execute instantly.
Recommended Reserve Amounts:
- Monthly trading under 10k: 0.5 BNB is enough.
- Monthly trading 10k-100k: Prepare 1-2 BNB.
- Monthly trading over 100k: Prepare 5+ BNB.
If your account doesn't have enough BNB, the system will automatically switch back to deducting the original coin. This won't affect your trade, but you won't enjoy the discount.
Step 2: Open the "Trading Fees" Settings Page
There are two ways to access this:
Method A: Via Profile Avatar
- Open the Binance App homepage.
- Click the avatar icon in the top left or top right corner.
- Scroll down and find "Trading Fees" or "Fee Settings".
- Click to enter.
Method B: Via More Features
- Click "More" or "Wallets" at the bottom.
- Find "Settings / Account / Fees".
- Enter the "Trading Fees" page.
Both methods lead to the same page.
Step 3: Turn on the BNB Deduction Toggle
Once on the fees page, you will see:
- Current VIP Level (Regular or VIP 1-9)
- Maker and Taker rates
- The toggle for "Use BNB to pay for fees"
- The toggle for "Use BNB to pay for futures fees"
Find the row saying "Use BNB to pay for fees" and slide the toggle to the right so it turns green. A confirmation prompt will appear, click "Confirm".
This completes the BNB deduction setup for spot trading. If you also trade futures, turn on the "Use BNB to pay for futures fees" toggle below it as well.
Step 4: Verify the Deduction is Active
After setting it up, you can perform a small test trade:
- Buy 10 USDT worth of BTC on spot.
- After execution, go to "Orders" → "Order History".
- Click on this order and check the "Fee" column.
You will see two details:
- Fee Amount: The equivalent of 0.0075 USDT in BNB (instead of 0.01).
- Fee Coin: BNB.
If BTC was still deducted, it means:
- Your BNB balance is insufficient.
- The toggle wasn't successfully turned on.
- The system hasn't refreshed; restart the App and try again.
Step 5: Regularly Replenish Your BNB Inventory
The BNB deduction is continuously consumed; a small fraction is deducted with every trade. Frequent traders need to replenish it regularly. It's recommended to set a reminder:
- Check your BNB balance once a week.
- Replenish immediately when it drops below 0.5 BNB.
- Before a large trade (e.g., buying 100k USDT at once), make sure you have enough BNB.
BNB Deduction Fee Comparison
Assuming your monthly trading volume is 50,000 USDT:
| Scenario | Rate | Monthly Fee | Annual Fee |
|---|---|---|---|
| No Deduction | 0.1% | 50 USDT | 600 USDT |
| With BNB Deduction | 0.075% | 37.5 USDT | 450 USDT |
| Deduction + 20% Rebate | 0.06% | 30 USDT | 360 USDT |
| Deduction + 40% Rebate | 0.045% | 22.5 USDT | 270 USDT |
You can save 150 to 330 USDT per year (approx. 1000 to 2400 RMB). It is strongly recommended for beginners to enable this.
Important Notes
1. BNB Deduction Does Not Affect P2P and Withdrawals
P2P transactions are inherently fee-free, so the BNB deduction has no effect there. Withdrawal fees are fixed on-chain Gas fees and are also unrelated to the BNB deduction.
2. BNB Price Fluctuations Do Not Affect the Deduction Logic
The system calculates the BNB fee amount based on the real-time market price. If BNB rises, fewer BNB are deducted; if it drops, more BNB are deducted, but the deducted dollar value remains strictly at 0.075%.
3. Deduction Only Applies to "Discountable" Categories
Some promotional trading pairs on Binance (like newly listed Launchpad tokens) might not support the BNB deduction. Always refer to the on-page prompts.
4. Futures Deduction Only Offers a 10% Discount
Spot trading enjoys a 25% discount, but futures trading only gets 10%. Beginners usually don't touch futures, so this can be ignored.
Frequently Asked Questions (FAQ)
Q1: Can I enable the deduction if I don't have BNB?
You can turn on the toggle, but without BNB, the system will automatically deduct the full fee in the original coin without any discount. We recommend buying 1 BNB before enabling it.
Q2: Is the BNB deduction a bad deal during fluctuations?
No. The system converts it at the real-time market price, which is identical to deducting the USD value of the corresponding coin directly, but with an added 25% discount.
Q3: Can I get refunded for deducted BNB if I turn off the toggle?
No. The deducted BNB has already been used as a trading fee and is non-refundable.
Q4: Can new coins also use the BNB deduction?
Most new coins support it, but newly listed Launchpad coins might not support it for the first 24 hours. Always refer to the specific trading pair rules.
Q5: Can the BNB deduction stack with VIP level discounts?
Yes, it stacks. The VIP 3 rate + BNB deduction + commission rebates can take effect simultaneously, creating the standard money-saving combo for veteran users.
In summary, enabling the BNB deduction is the essential first step for any Binance beginner. Taking 1 minute to set this up can save hundreds to thousands in fees over the long run, offering an incredibly high return on investment.