Binance Fees explained

What are Trading Fees

Trading fees are charges that apply to all purchases and sales on cryptocurrency exchanges.

This fee is calculated as a percentage of the traded amount.

This is generally how cryptocurrency exchanges make their money.

They facilitate trades for users in exchange for a small fee from which they generate their profit.

At Binance, the trading fee amount is objectively one of the lowest compared to other reputable exchanges.

Crypto exchanges differentiate between Maker and Taker Fees.

A Maker is someone who provides liquidity to the market with a Limit Order.

A Taker means you remove liquidity from the market with a Market Order.

Maker Fees are cheaper as you are providing liquidity to the market.

Learn more:

The Binance spot trading fee is 0.1% by default. It is recommended to pay trading fees with BNB as the fees drop to 0.075% (25% discount).

There are also VIP levels, with higher VIP levels you save on trading fees.

The full VIP level structure can be found on the official Binance website:

Learn more:

Withdrawal fees are fees that apply when you transfer a cryptocurrency to another account.

This is completely standard, even with independent wallets.

The fees vary depending on the coin and network as they have individual speeds and costs.

The smart move is to choose a network when withdrawing that saves you on withdrawal fees.

Use Limit Orders instead of Market Orders to qualify as a Maker and pay lower fees
Pay trading fees with BNB to receive a 25% discount
Choose the right network when withdrawing to save on withdrawal fees
Aim for a higher VIP level to unlock progressively lower fee rates

The less you pay in fees, the more you keep — continue with the full Guides section to optimize every aspect of your crypto strategy.