If you have an interest in trading and want that you don’t have to pay too much commission, then a simple and useful method is this a little planning and trading at the right time.
A good trader is the one who doesn’t just look at profit, but also thinks about commission and fees. Its very important to see after trading fees because it matters alot. Its trading fees which reduces your profit.
For this I have a best strategy where you can save commission from one side and from other side you have to pay only 0.075% which is the least scenario.
The easy solution to this problem is that when you want to sell any coin, use the “Convert” feature. Its better to use convert option at the time of selling only.
The benefit of this feature is that it has zero commission. That means you can do your trading without any extra charge. You can do buy and sell in convert feature which has no trading fee but there is liquidity issue and there are sometimes when you are trade is not triggered.
That is why it is best to use convert when on selling and when you want to buy again, use “Spot Trading” and keep Binance’s BNB coin in your wallet. By doing this, you will only be charged 0.075% commission, which is very low according to the market.
This method can give you good savings on dual side trading (buy and sell). With a little smart planning, you can make your trading profits better. When you found only 0.075% difference in your trading means you are at breakeven.
What do you people think about this method? Will it save you from paying more trading fees? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN AND EDITED IN CANVA
Thank You!
Best Wishes.