How to Reduce Fees on Binance — Code RMCTNB5R and Beyond
Fees look small per trade and add up to a lot per year. Here is how to cut them on Binance.
Trading fees look trivial per trade and add up to a serious annual cost. On Binance the base rate is 0.10% taker and 0.10% maker. Here is how to pay less than that.
1. Use the referral discount
The simplest reduction available is code RMCTNB5R, which applies a 20% discount to your fee rate. It takes effect on registration and does not expire.
- Open the Binance referral link
- Sign up with email or phone number
- Code RMCTNB5R fills in automatically — confirm it is not changed
2. Trade as a maker, not a taker
The single biggest lever is order type. A market order takes liquidity and pays 0.10%. A limit order that rests in the book adds liquidity and pays 0.10%.
On Binance that difference is roughly 0% of your fee cost on every trade where it applies. Over a year of active trading it is the largest saving available to a retail user.
The trade-off is real: a limit order may not fill, and you may miss a fast move. For anything you are not in a hurry to execute, it is worth it.
3. Understand the volume tiers
Exchanges lower fees as 30-day volume rises. The tiers are published and the jumps between them can be significant. If you are close to a threshold, consolidating your trading on Binance rather than spreading it across three venues can drop you into a cheaper band.
4. Watch withdrawal costs
Trading fees are visible; withdrawal fees are where exchanges quietly recover margin. The cost varies enormously by asset and network — withdrawing the same value on a different chain can cost ten times less.
Check the withdrawal fee before you move funds, and prefer cheap networks when the destination supports them.
5. Do not overtrade
The most effective fee reduction is fewer trades. Every round trip costs you twice — once entering, once exiting. Strategies that trade constantly have to overcome that drag before they make a cent of profit.
The realistic total
Apply RMCTNB5R, default to limit orders, consolidate volume, and check withdrawal networks. Together those typically cut effective costs by well over a third compared to a market-order habit at the base rate.
Binance at a glance
RMCTNB5RFrequently asked
Is the Binance referral code still active?
Yes. RMCTNB5R is active and gives new accounts a 20% fee discount for life.
How much is the Binance signup bonus?
Up to $100 in vouchers, released after you complete verification and hit certain trading volume thresholds.
Does the 20% fee discount expire?
No. Referral fee discounts do not have an expiry date as long as the account stays active.
Do I need KYC to use a referral code?
For trading, yes. Without KYC you cannot deposit fiat or trade spot.