#CryptoFees101 Understand and Reduce Fees on Binance

There are mainly two types of fees on Binance:

1. Trading Fees

Standard: 0.1% for maker and taker.

Reduced to 0.075% if you pay the fees with $BNB.

2. Withdrawal Fees

Vary based on the crypto. For example, for BTC ~0.0002 BTC, for ETH ~0.0012 ETH (on average).

How to reduce them:

Enable the option “Use BNB to pay for fees”.

Increase your 30-day trading volume or BNB balance to access VIP levels.

Participate in zero-fee promotions on specific pairs.

Use the spot converter for small trades with no fees (with minimal slippage).

Properly managing fees can significantly improve your returns over time.