Binance is a top exchnage and they have their own fees and rules, so I don't see any cheating here. When you register you agree with all the rules, so where do you see cheating? Some exchanges have even more restricted rules, like Bitfinex, where you have to deposit $10k or equivalent to start trading.
Yes, and that high border automatically reduce traders who try to catch the wave with micro trading. 
This is not bug (cheating) - this is feature.
Anyway you can use they token to reduce fee.