How to Reduce Fees When Signing Up for Binance

Binance Spot Fees

• Maker: 0.1%
• Taker: 0.1%

Binance Futures Fees

• Maker: 0.02%
• Taker: 0.05%

At first glance, futures fees may seem lower. However, using leverage increases the effective fees proportionally.

Example:

If you trade 100 million KRW using 5x leverage, the fees per trade would be:

• Maker: 1 million KRW
• Taker: 2.5 million KRW

If you trade frequently, reducing fees becomes increasingly important. Binance offers a referral system to encourage users to join and trade on their platform.

Is using a referral code necessary?

Not really, but skipping it feels like leaving free money on the table. I personally traded without a referral code for two or three months and regret not using one in hindsight.

When signing up for Binance for the first time, you'll see a referral code input field.

 

Use the referral code

EOW41PQ3

Simply enter the code and click Next to apply it.

If you're already signed up, you can still use the same referral code via a QR code or through this link:

https://accounts.binance.com/register?ref=EOW41PQ3

The link takes you directly to the Binance referral settings page. All three options apply the same referral benefits, so using just one will reduce your trading fees by 10%.