How to save even more on fees using BNB token burning?
Last updated
Last updated
By paying with BNB tokens, you can save 25% on spot trading fees and 10% on futures trading fees. This option can be enabled on the profile page in your account.
Additionally, you will still receive a commission rebate from our brokerage service.
Example:
You buy 1 BTC/USDT using a market order at 60,000 USDT.
With the "BNB burn" option disabled, the fee would be: 60,000 USDT × 0.1% = 60 USDT
With the "BNB burn" option enabled, an equivalent of 45 USDT in BNB (60 USDT - 25%) will be deducted from your spot wallet.
The next day, Tiger.com Broker will refund 35% of the paid fee (45 USDT) back to your spot account, which is 15.75 USDT.
So, with the BNB payment discount and the broker's rebate, your total net commission will be 29.25 USDT instead of 60 USDT.
To activate this feature, you need to:
Deposit BNB tokens into your Binance spot wallet via Tiger.com Broker (this can be done in the Tiger.com terminal).
Enable the “BNB Burn” option in your profile settings:
If you keep your BNB tokens in your spot wallet, fees will be deducted in BNB only for spot trading.
However, you can also transfer BNB to your futures wallet and use them as collateral. This way, when trading USDⓈ-M futures, fees will be deducted in BNB instead of USDT.
You can transfer BNB from your spot wallet to your futures wallet using the transfer function.
For more details on the BNB burning process, please refer to Binance's official documentation.