1. 0 Maker Fee
This is a high-value incentive for users who provide liquidity to the market.
• Maker: A "Maker" is someone who places a limit order that does not trade immediately. Your order sits in the order book, adding "liquidity."
• Meaning: When you see this label, you pay zero transaction fees if your order is executed as a Maker order. Binance often uses this to promote the use of certain stablecoins like FDUSD.
2. Taker Fee Promo
This label targets users who want to buy or sell instantly.
• Taker: A "Taker" is someone who places an order that trades immediately against an existing order in the book (usually a Market order). You are "taking" liquidity away.
• Meaning: This indicates a discounted trading fee for active buyers/sellers on that specific pair (commonly seen on USDC pairs).
3. Price Protection
This is a security feature designed to protect you from extreme market volatility.
• Meaning: If the market price fluctuates too violently in a few seconds (e.g., due to a "fat finger" trade or a flash crash), the system will prevent your orders from being triggered if the execution price is too far from the actual market price.
• Goal: It helps you avoid buying at an artificial peak or selling at a temporary bottom caused by "scams" or market glitches.
4. Point Program
This appears in your USD1 tab and refers to Binance's loyalty rewards.
• Meaning: By trading pairs with this label, you accumulate Reward Points.
• Benefits: These points can be exchanged in the "Rewards Hub" for trading fee rebate vouchers, token vouchers, or access to exclusive platform events.
5. 0 Fee
This is the most straightforward label.
• Meaning: Total exemption from trading fees for that pair. Unlike "0 Maker Fee," this usually applies to both Maker and Taker orders. This is typically seen on major pairs like BTC/FDUSD or when trading between different stablecoins.
