The definitive fee analysis. Exact calculations showing how much code MGBABA saves on every trade type.
Updated: March 2026Code MGBABA reduces all Binance trading fees by 20%. Here is the exact impact at the Regular (non-VIP) tier:
| Configuration | Maker Fee | Taker Fee | Cost per $10K Trade |
|---|---|---|---|
| No discount | 0.1000% | 0.1000% | $10.00 |
| + Code MGBABA | 0.0800% | 0.0800% | $8.00 |
| + MGBABA + BNB payment | 0.0600% | 0.0600% | $6.00 |
The 20% referral discount stacks with the 25% BNB fee payment discount. The math: 0.10% x 0.80 (MGBABA) x 0.75 (BNB) = 0.06%. This is the lowest fee rate available to any Regular-tier user on Binance.
Code MGBABA also applies to all futures trading:
| Contract Type | Standard Fee | With MGBABA |
|---|---|---|
| USDT-M Maker | 0.0200% | 0.0160% |
| USDT-M Taker | 0.0500% | 0.0400% |
| COIN-M Maker | 0.0100% | 0.0080% |
| COIN-M Taker | 0.0500% | 0.0400% |
| Monthly Volume | Without Code | With MGBABA | MGBABA + BNB | Annual Savings |
|---|---|---|---|---|
| $10,000 | $120/yr | $96/yr | $72/yr | $48 |
| $50,000 | $600/yr | $480/yr | $360/yr | $240 |
| $100,000 | $1,200/yr | $960/yr | $720/yr | $480 |
| $500,000 | $6,000/yr | $4,800/yr | $3,600/yr | $2,400 |
Binance referral codes can offer either 10% or 20% discounts. The percentage depends on how the referrer configured their link. Code MGBABA provides the maximum 20% because the referrer shares their full commission with new users.
There is no code that offers more than 20% — this is the hard cap set by Binance's referral program. Any site claiming 30% or 50% discounts through a referral code is misleading.
The code must be entered during registration. It cannot be applied to existing accounts. The discount is permanent with no expiration date.
See our full exchange fee comparison →
Code MGBABA gives 20% off all fees. Combined with BNB payment (25% off), the total discount is ~40%, reducing spot fees from 0.10% to 0.06%.
On $50,000/month volume: MGBABA alone saves $120/year. MGBABA + BNB saves $240/year. Savings scale linearly with volume.
Yes. MGBABA gives 20% off futures fees. USDT-M fees drop from 0.02%/0.05% to 0.016%/0.04% maker/taker.
Disclosure: This page contains affiliate links. We earn a commission at no extra cost to you.