New users do not need to buy BNB before their first trade. BNB fee deduction is a money-saving tool, not a requirement to start trading.
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Requirements for BNB Fee Deduction
You do not need to buy it right away. But if you want to turn on this feature, a few conditions must be met: you need available BNB in your spot or funding account. BNB that is staked or held in an earn account does not count. You also need to manually turn on the "Use BNB to pay fees" switch in settings. If either one is missing, the system will not use BNB to pay fees, and you will be charged the normal 0.1% fee.
Do Not Confuse Fee Deduction with Referral Commission
These are two different parts of the same topic. BNB fee deduction directly lowers your fee when you trade: a 25% discount on spot trading and a 10% discount on futures trading. Referral commission happens when you sign up with someone's referral code. The platform then returns part of the trading fee you actually paid. This has nothing to do with BNB. Both can work at the same time, but they are not the same thing.
Whether to Buy BNB Depends on Your Trading Frequency and Amount
Before deciding whether to buy BNB, ask yourself two questions: How much trading do you plan to do? Are you a short-term trader or a long-term holder?
Case A: Small amount and low frequency, total fees are only a few dozen USDT BNB's own price can fluctuate. If you buy BNB just to save a small amount in fees, and BNB drops by a few percent, your fee savings may not cover the price loss. Also, BNB must be in your available balance to be used for fee deduction. If you buy BNB and put it into an earn account to earn interest, the deduction feature will not work.
Case B: Large volume and high frequency Fee costs can clearly affect your returns, so using BNB to pay fees can save you money. Holding BNB may also raise your VIP level and further lower your fee rate. The key point is: you need to keep this BNB in your spot account, it cannot be locked, and you must accept its price fluctuation risk.
The world's largest cryptocurrency exchange by trading volume,leading in security and liquidity.
New user benefit: Enjoy 20% off trading fees upon registration!
Next Steps
If you decide to use this method, first buy some BNB in your spot account. The amount depends on your expected trading fees. Then go to "My → Settings → Trading settings" and find "Fee payment method". Turn on the switch. After your first spot trade, go to the order details and check the "Fee" field to confirm whether it shows "BNB deduction".
