10 Ways to Reduce Your Crypto Trading Fees
Proven strategies that can save you thousands of dollars in trading costs every year.
Quick Summary
1. Use Limit Orders Instead of Market Orders
This is the single most impactful change you can make. Limit orders pay maker fees, which are often 50-80% cheaper than taker fees.
Potential savings: On Bybit futures, switching from taker (0.06%) to maker (0.01%) saves 83% on every trade. For $100,000 monthly volume, that's $50 saved per month.
2. Choose Exchanges with Lower Base Fees
Not all exchanges charge the same fees. Some offer significantly lower rates:
| Exchange | Spot Taker | Futures Taker |
|---|---|---|
| MEXC | 0% | 0.02% |
| OurBit | 0% | 0.04% |
| OKX | 0.05% | 0.05% |
| Crypto.com | 0.075% | 0.07% |
| Backpack | 0.095% | 0.05% |
Compare all 22 exchanges to find the best rates for your trading style.
3. Hold Exchange Native Tokens
Many exchanges offer fee discounts when you hold their native token:
- - Binance (BNB): 25% discount on trading fees
- - OKX (OKB): Up to 40% discount based on holdings
- - KuCoin (KCS): 20% trading fee discount
- - Gate.io (GT): Up to 25% discount
4. Increase Volume to Reach VIP Tiers
Higher trading volume unlocks lower fees. On Binance, VIP tiers can reduce fees from 0.1% to as low as 0.02% for the highest tier.
If you trade across multiple exchanges, consider consolidating to one platform to maximize your volume tier benefits.
5. Use Referral Codes When Signing Up
Most exchanges offer fee rebates for new users who sign up with referral links. These discounts typically range from 10-30% and can last for 30 days to permanently.
Our exchanges page includes referral links for all 22 exchanges with fee rebates.
6. Trade During Low Volatility Periods
While this doesn't reduce official fees, trading during calm markets minimizes slippage, which is often a bigger cost than fees themselves for large orders.
Avoid trading during major news events, exchange maintenance periods, or when spreads are unusually wide.
7. Consolidate Your Trades
Instead of making multiple small trades, consolidate into fewer larger ones. While percentage fees remain the same, you'll avoid any minimum fee thresholds and reduce the number of taxable events.
8. Participate in Fee Rebate Programs
Some exchanges offer cashback or rebate programs for active traders. Bybit's affiliate program returns a portion of fees to referrers, and some platforms have trading competitions with fee rebates as prizes.
9. Avoid Unnecessary Trades
Every trade costs money. Overtrading is one of the biggest drains on trader profits. Before each trade, ask yourself if it's necessary or if you're trading out of boredom or FOMO.
A trader who makes 10 trades per day at 0.1% per trade pays 1% daily in fees alone - that's over 250% annually!
10. Regularly Compare Exchange Fees
Exchange fees change over time. An exchange that was expensive last year might now offer competitive rates, and vice versa. Use our comparison tool to stay updated.
Calculating Your Potential Savings
Here's what implementing these tips could save:
Example: $500,000 annual trading volume
Start Saving on Fees Today
Calculate your exact costs on any exchange and compare to find the best rates.