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BNB an smart way to reduce fees on Binance

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Published: 25 Dec 2017 › Updated: 25 Dec 2017BNB an smart way to reduce fees on Binance

BNB an smart way to reduce fees on Binance

Introduction: Binance created its token coin, called the Binance Coin (BNB). It has a limit of 200MM BNB that will be created, never to be increased.

So, what it does?: You can use BNB to pay for any fees on the platform, including but not limited to:

  • Exchange fees
  • Withdraw fees
  • Listing fees
  • Any other fee

Let's see a table

1.PNG

Steps to do it:

1- Go here https://www.binance.com/userCenter/myAccount.html
2- In the top left corner you need to set up ON the "Using BNB to pay for fees"

2.PNG

And that's all :)

Conclusion: BNB is a coin that not many people know, it's really heapfull if you are a Binance investor, you don't lose anything using this coin and you can save a lot of money with their fees reduction.

I hope this post had interesting to eveyone, i'm going to keep sharing tips about cryptocurrencys and exchanges.

Have a nice day friends!

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