A while back, I took a hard look at how much I was spending on trading fees. Futures, spot, perpetuals, it didn’t matter. The total hit me like a punch to the gut. For every trade I carefully planned, a chunk of my profit was quietly eaten away. And the more I traded, the worse it got.
Don’t get me wrong, I’ve had my wins. There’s nothing like the thrill of catching a perfect market move. But when I looked closer, I realized the fees were taking a bigger piece of the pie than I’d like to admit. It got me wondering, why don’t more platforms offer something meaningful to offset these costs?
Sure, I’ve heard about discounts and bonuses here and there, but they often feel temporary or hard to access. What if there was a way to consistently cut fees or even get rewarded for trading? Wouldn’t that make the whole game more sustainable, especially for smaller traders like me trying to scale up?
I’ve heard rumors of platforms offering permanent rebates or incentives tied to certain apps, but I haven’t looked too deeply yet. What about you? Have you come across any tools or events that actually help with fees or rewards? I’d love to hear what’s working
I use Binance for trading because I actively trade with BNB. There are many people who hate this coin but for investment purposes, it's a really good coin. According to Binance, Taker/Maker fees are 0.1000% / 0.1000% for regular users. When you buy 1 Bitcoin, you pay 0.001 BTC fee. I don't trade with 100k, I usually trade with 10-20K and I have never thought that this is a big fee for me because I trade a few times during the year, maybe 3-4 times a year. If you trade with small amount, this 0.1 fee won't affect you much but if you are a whale, it means a lot and in this case, on Binance, you have to purchase BNBs. In 2020 I luckily bought 25 BNB when price was $20 and I usually hold them but I also trade with them but in the end, if you are not a millionaire, you won't be able to save on fees.