๐ธ CryptoFees101: Understanding Binance Fees (2025 Edition)
๐น Spot Trading Fees
Standard Fee:
Maker: 0.10%
Taker: 0.10%
BNB Discount:
Pay trading fees with BNB (Binance Coin) to get a 25% discount, reducing your fee to 0.075%.
VIP Levels:
Binance offers 10 VIP tiers based on 30-day trading volume and BNB holdings.
Higher tiers enjoy significantly lower fees.
๐น Futures Trading Fees
USDโ-M & COIN-M Contracts:
Maker: starts from 0.018%
Taker: starts from 0.045%
BNB Discount:
Get 10% off futures trading fees when paying with BNB.
Additional Fees:
Funding Rate: Applies every 8 hours depending on long/short position.
Insurance Clearance Fee: Charged if your position is force-liquidated.
๐ฑ Deposit & Withdrawal Fees
Deposits:
Free for all cryptocurrencies.
Withdrawals:
Flat fee per crypto based on network conditions.
Example: Withdrawing BTC might cost around 0.0005 BTC.
๐ Other Fees on Binance
Binance Convert:
No trading fee for instant crypto conversions.
NFT Marketplace:
Sellers pay 0.9% fee (can go as low as 0.1% for VIPs).
P2P Trading:
Buyers pay zero fees.
Sellers may pay a small fee depending on payment method or region.
๐ง Tips to Lower Your Binance Fees
Use BNB to Pay Fees โ Enable this option to save up to 25%.
Increase Your Trading Volume โ Climb VIP tiers to unlock lower rates.
Place Limit Orders โ Become a maker to potentially pay lower fees.
Choose Cheaper Networks โ For withdrawals, opt for lower-cost chains like BNB Smart Chain instead of Ethereum.
