Fee Saver: automatic futures fee rebates

What Fee Saver is

Fee Saver is a separate balance that is applied automatically to your futures trading fees after each fill. The app says: "Applied automatically to your futures trading fees after each fill, up to $[amount] a day. It can’t be withdrawn or transferred." You do not need to switch anything on or press anything. The daily limit is shown on your Fee Saver card.

It is not the same as a voucher used as margin. A voucher cannot pay fees ("Trading fees are always paid from your own funds."). Fee Saver gives back part of the fee after the trade.

Where to see it

• My Vouchers (account menu, then Vouchers): a Fee Saver card at the top of the page. It only appears if you have a Fee Saver balance or have used it before.
  • Available: your remaining Fee Saver balance.
  • Used so far: how much has been paid back to you in total.
  • "Expires on [date]": when your balance ends.
  • Fee rebates: a list of each rebate.
• Assets page, in the Vouchers section: a Fee Saver block with Available and Left to use today, and the note "Pays back your futures trading fees automatically, up to $[amount] a day."
• Futures order form and trade history: the fee is shown with the original amount crossed out, the amount you pay after the rebate, and a Fee Saver label. Tapping the label opens the Fee Saver card. The label's tooltip says: "Estimated rebate from your Fee Saver balance, applied automatically after the fill (max $5/day)." On the order form this is an estimate. The daily limit on your Fee Saver card is the figure that applies to your account.

The rebate list

Under Fee rebates each row shows:

• the trading pair (or "Futures trade" if the pair cannot be shown) and Taker or Maker,
• the date and "Fee [amount] USDT" (the fee of that fill),
• Processing if the rebate is still being handled,
• the rebate amount on the right.

Press Show more to load older rebates. Rebates that did not pay anything back are not listed.

Messages in this area:

Limits and rules

• Daily limit. Fee Saver pays back up to the daily amount shown on the card. After you reach it, fees are charged in full for the rest of that day. Your Left to use today figure on Assets shows what is left. A new day starts on the next UTC day.
• Expiry. The balance has an expiry date shown on the card. Use it before then.
• No withdrawal or transfer.
• Futures fees only.
• On the Assets page, Left to use today shows 0 while rebates are not switched on for your account.

FAQ

Why was my fee charged in full even though I have Fee Saver balance? You may have used your daily limit. Check Left to use today on the Assets page. It refreshes on the next UTC day. Also check whether your balance has expired.

Do I need to turn Fee Saver on? No. It is applied automatically.

Can I withdraw my Fee Saver balance? No.

Is Fee Saver a voucher? It is shown on the same page, but it is a separate balance that only pays back futures trading fees.

Why does the card not appear? It only shows if you have a Fee Saver balance or have used it before.

Can Fee Saver pay spot fees? The app describes Fee Saver as applying to futures trading fees only.

When to contact Support

Include:

1. Your BYNAI account ID.
2. A screenshot of the Fee Saver card and of the Fee rebates list.
3. The trading pair and time of the trade where the rebate looks wrong, with your time zone.
4. A screenshot of the fee as shown on the order form or trade history.

Never share your password, 2FA code, seed phrase or private key. Support cannot promise extra rebates or an extended expiry.

Related terms: fee saver, fee rebate, fee rebates, trading fee rebate, fee discount, reduce fees, futures fees, fee refund, fee cashback, rebate, rebates, taker, maker, processing, expires on, left to use today, fee saver balance, fee saver available, used so far, fee not refunded, rebate not received, daily limit, fee struck through, crossed out fee, lower fees, trading fee