Binance applies different fees depending on the type of operation you perform. Here’s a breakdown from funding your account, to trading, and finally withdrawing.
Deposit Fees
Deposit Fees
Crypto Deposits: Free of charge.
FIAT Deposits: Fees vary depending on method and currency. Some are free, others apply a small percentage fee.
Credit/Debit Card Purchases
Credit/Debit Card Purchases
Buying crypto directly with a card usually incurs 1.8% – 3.5% of the transaction value. The exact fee depends on your region and the payment processor.
Spot Trading Fees
Spot Trading Fees
The standard fee is 0.10% for both makers and takers. However, you can reduce fees by 25% if you pay with Binance Coin (BNB).
Futures Trading Fees
Futures Trading Fees
The Maker Fee is 0.02% while the Taker Fee is 0.04% — Additional discounts apply if you hold BNB or reach higher VIP levels.
Withdrawal Fees
Withdrawal Fees
The Withdrawal Fees vary depending on the cryptocurrency and current network conditions. For example, Bitcoin (BTC) withdrawals usually have a fee of around 0.0005 BTC.
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Holding BNB or increasing your trading volume can help reduce your overall fees. For the latest updates, always check Binance’s Official Fee Schedule.
FAQs
Q: Does Binance charge for crypto deposits?
A: No. Crypto deposits are free. FIAT deposit fees depend on the method and currency.
Q: Are card purchase fees fixed?
A: No. They typically range from ~1.8% to 3.5% and vary by region and processor.
Q: Why do withdrawal fees vary?
A: They depend on the coin and network conditions. Selecting a different supported network may change the fee.