Binance Fees (2025): The Complete, Actionable Guide to Paying Less
Everything you need to know about how Binance calculates fees—spot and derivatives maker/taker costs, funding, margin interest, deposits, withdrawals, and proven tactics to reduce expenses.
How Binance Fees Work
Binance charges different fees depending on the product you use. For trading, the core model is a maker/taker schedule where “makers” add liquidity with limit orders and “takers” remove liquidity with market or marketable limit orders. Fees are then adjusted by your 30-day trading volume and account tier. Holding and using BNB to pay fees can unlock additional discounts. On top of trading fees, there are network fees for blockchain withdrawals, funding payments for perpetual futures, and interest on borrowed assets when you trade on margin.
Important: Exact percentages and promotions can change. Always check your account’s current rate card inside Binance before placing an order.
Spot Trading Fees
Maker vs. Taker on Spot
Spot fees are assessed per fill and depend on whether your order adds or removes liquidity. The base retail rate is low by industry standards, and VIP tiers reduce it further. Using BNB to pay fees typically adds an extra percentage discount on top of your tier.
Zero-Fee & Promotional Pairs
From time to time, Binance runs zero- or reduced-fee promotions on select pairs. These promos can be limited to maker side, taker side, or both, and may be restricted to specific markets (e.g., BTC or stablecoin pairs). When calculating expected costs, verify whether your pair is currently in a promotional window.
Hidden Cost to Watch: Slippage
With market orders, slippage—the difference between expected and executed price—can exceed the nominal taker fee on illiquid pairs or during volatility. If fees matter, use limit orders and analyze the order book depth first.
Futures & Derivatives Fees
USDT-M & Coin-M Perpetuals
Perpetual contracts use maker/taker fees similar to spot but often with different absolute rates. Your tier level and any BNB-based discounts (if applicable) determine the final charge per fill.
Funding Payments
Perpetual futures include a recurring funding mechanism between longs and shorts designed to keep the contract price close to the index. Funding is not a platform fee; it’s a peer-to-peer transfer, and it can be positive or negative for you depending on market imbalance. The rate updates periodically and is proportional to your position size and time in position.
Delivery Futures
Delivery (dated) futures don’t have funding; the fee structure is purely maker/taker plus any liquidation- or auto-deleveraging related costs described in Binance’s documentation.
Other Considerations
- Liquidation & ADL: In fast markets, liquidation and auto-deleveraging can introduce additional costs beyond nominal trading fees.
- Transaction Limits: Large notional orders may incur multiple partial fills, each with its own fee calculation.
Margin Fees & Interest
When you borrow assets to trade on Cross or Isolated Margin, you pay interest on the borrowed amount. Interest rates vary by asset and can change with market conditions and risk management policies. Fees for spot trades executed while on margin still follow the standard maker/taker schedule; interest is charged separately based on the duration you hold the borrowed funds.
To minimize interest, borrow only what you need, keep positions tight, and watch the rate schedule for your specific asset.
Convert, P2P & Earn Products
Binance Convert
Convert lets you swap assets at a quoted price without order books. Instead of an explicit trading fee, your cost is embedded in the spread between the quoted and mid-market price. For sizable trades, compare Convert vs. spot to ensure you get the best effective rate.
P2P Trading
On P2P, Binance typically advertises zero platform trading fees for buyers and sellers, but merchants set their own prices and spreads. There may also be fees from payment channels or currency conversion outside Binance.
Earn, Staking & Structured Products
Most yield products don’t charge a “trading fee,” but returns can reflect internal costs, validator commissions, early redemption terms, or performance structures. Always review the product’s terms before subscribing.
Fiat & Crypto Deposits/Withdrawals
Crypto Deposits
Crypto deposits to your Binance address are generally free on the exchange side; the sender covers network transaction fees when transferring from another wallet or venue.
Crypto Withdrawals
Withdrawals incur network fees that depend on the blockchain you choose (e.g., native chain vs. a low-cost alternative). These fees adjust with on-chain congestion and protocol dynamics. Choose the network compatible with your destination that has an acceptable cost-time tradeoff.
Fiat On/Off-Ramps
Card processors, bank transfers (SEPA, FPS, ACH, wires), and third-party gateways can have their own fee schedules and FX margins. If you’re fee-sensitive, prefer bank rails with transparent pricing and avoid unnecessary currency conversion.
Internal Transfers
Transfers between Binance users (e.g., via Binance Pay or internal IDs) can be free and instant, subject to product limits; always verify the current policy in-app.
BNB Discounts & VIP Tiers
Two major levers reduce fees on Binance:
- Paying Fees with BNB: Toggle “Use BNB to pay fees” in your settings. This often applies a percentage discount to spot and may apply to certain derivatives, depending on current policy.
- VIP Tiers: Your 30-day trading volume (and in some cases BNB holdings) sets your tier. Higher tiers get lower maker/taker fees. The threshold resets rolling every day, so sustained volume matters.
For active traders, combining BNB fee payment with a higher VIP tier can compound savings substantially over time.
Worked Fee Examples
The numbers below use simple, rounded assumptions to illustrate the math. Your actual rates depend on your tier, pair, and whether you pay with BNB.
Example 1: Spot Taker Order
You buy $2,000 worth of BTC using a market order. If the taker fee were 0.10% and you do not use BNB to pay fees, the fee would be $2.00 (0.001 × 2000). If you enabled BNB fee payment with, say, a 25% discount, the effective fee would drop to $1.50.
Example 2: Spot Maker Order
You place a limit order that adds liquidity and fully fills for $5,000 notional. At a maker rate of 0.08%, the fee would be $4.00. If a VIP tier reduces that to 0.06% and you also use BNB, the net could be closer to $3.00 or less.
Example 3: Perpetual Futures with Funding
You open a $50,000 long with a taker entry and maker exit. Trading fees apply on both fills. If funding is +0.01% for the period while you hold the position, you pay $5. If it flips to −0.01%, you would receive $5 instead. Funding is separate from platform fees.
Checklist: How to Reduce Binance Fees
- Enable “Use BNB to pay fees” and maintain a small BNB balance.
- Use limit (maker) orders when practical to avoid taker rates and slippage.
- Target VIP tier thresholds with sustained monthly volume rather than one-off spikes.
- Check for zero/reduced-fee promotions on your pairs and route orders accordingly.
- Compare Convert vs. Spot for the trade size; use the cheaper effective route.
- For withdrawals, pick lower-cost networks that your destination supports.
- Batch withdrawals and avoid moving dust amounts that are uneconomical after network fees.
- Avoid unnecessary fiat currency conversions by funding in the currency you plan to use.
Binance Fees vs. Competitors
At retail tiers, Binance’s published rates are among the lowest globally, especially when you combine maker pricing with BNB discounts. That said, the most cost-effective venue depends on your exact pairs, sizes, and whether you qualify for tiered programs.
For comparison shopping, many traders also evaluate exchanges like BITGET, BYBIT, and MEXC—all of which regularly run fee promotions on spot and derivatives markets.
Pro tip: Keep a spreadsheet of your effective total cost per venue (fees, spreads, funding, and withdrawal costs). The lowest list fee isn’t always the cheapest effective route once you factor in everything.
FAQ: Binance Fees
Are Binance spot fees different for makers and takers?
Yes. Maker orders that add liquidity typically pay less than taker orders that remove liquidity. Your 30-day volume tier and BNB fee payment status further adjust the final rate.
Do BNB discounts always apply?
BNB fee discounts generally apply when you toggle the setting in your account and maintain enough BNB to cover fees. Some products or promos may have different rules—check your rate card before trading.
What is a funding fee on Binance futures?
Funding is a periodic payment exchanged between longs and shorts on perpetual contracts to keep the contract near the index price. It is not a fee charged by Binance and can be either a credit or a debit to you.
Are deposits to Binance free?
Crypto deposits are typically free on Binance’s side; the sender covers any network fee to move funds on-chain. Fiat on-ramps may involve processor or bank fees.
Why did my withdrawal fee change?
Blockchain network fees fluctuate with congestion and protocol dynamics. Choose the cheapest compatible network for your destination and consider batching withdrawals.
How can I lower my overall costs fast?
Enable BNB fee payment, favor maker orders, and route trades to pairs with reduced/zero-fee promos. For large tickets, compare spot vs. Convert and consider time-weighted execution to limit slippage.
