#CryptoFees101 Current Crypto Fee Breakdown is as follows -
Spot Trading Fees
Standard rate: 0.10% for both maker and taker.
Use Binance Coin to pay fees and get additional discount reducing the fee to 0.075%.
VIP Fee Tiers
You have to trade more and hold more BNB to get benefit of lower fees.
Top tier (VIP 9): Maker 0.012%, Taker 0.024%.
Futures Trading Fees
USDⓈ-M Futures: Maker 0.02%, Taker 0.04%.
COIN-M Futures: Maker 0.01%, Taker 0.05%.
If you hold BNB you get an extra discount.
P2P Trading Fees
Flat 0.10% fee on completed trades.
Deposit Fees
Free for crypto deposits.
Fiat deposits charge different amount of fees depending on the way and area of payment.
Withdrawal Fees
Variable fees based on the cryptocurrency and network.
For example:
BTC: 0.0005 BTC
ETH: 0.0012 ETH
BNB: 0.0002 BNB
Binance's fee structure is market friendly particularly for high volume traders and BNB holders. Trying BNB for fee payments and aiming for higher VIP tiers can lead to good savings.