Binance charges different fees depending on the type of transaction. Here’s a breakdown of the main fees:
1. Trading Fees
Spot Trading:
Standard Fee: 0.10% for both makers and takers.
Discount: You can reduce this by 25% if you pay fees using Binance’s native token (BNB).
Futures Trading:
Maker Fee: 0.02%
Taker Fee: 0.04%
Discounts may apply if you hold BNB.
2. Withdrawal Fees
Withdrawal fees vary depending on the cryptocurrency you're withdrawing.
Example: Bitcoin (BTC) withdrawals typically have a fee of around 0.0005 BTC.
These fees change regularly based on network conditions.
3. Deposit Fees
Cryptocurrency Deposits: Binance does not charge fees for crypto deposits.
Fiat Deposits: Fees depend on the method and currency. Some methods may be free, while others have a small percentage fee.
4. Peer-to-Peer (P2P) Trading Fees
No Fees: For buyers and sellers on Binance's P2P platform.
5. Credit/Debit Card Purchases
Buying crypto with a card typically incurs fees of around 1.8% to 3.5% of the transaction value, depending on the region and payment processor.
Tip: Holding BNB (Binance Coin) or reaching higher VIP levels by trading large volumes can further reduce your trading fees.
For the most updated fee schedule, you can check Binance’s official page here: Binance Fee Schedule