On the Binance exchange, there are various types of fees depending on the type of transaction and service you use. Below is a list of common fees in crypto on Binance:
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✅ 1. Trading Fee
Applies to buying/selling crypto on Spot, Margin, Futures, ...
◾ Spot Trading
• Default fee:
Maker: 0.1%
Taker: 0.1%
• Fee reduction if:
• Use BNB to pay fees (reducing ~25%)
• High trading volume or high VIP level
◾ Futures Trading (Futures Contracts - USDⓈ-M or COIN-M)
• USDⓈ-M Futures:
• Maker: ~0.02%
• Taker: ~0.04%
• COIN-M Futures:
• Maker: ~0.01%
• Taker: ~0.05%
• Fee reduction if:
• Use BNB to pay fees
• Achieve VIP level
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✅ 2. Withdrawal Fee
• Depends on the type of coin and blockchain network.
• Example:
• BTC withdrawal via BTC network: ~0.0002 BT
• ETH withdrawal via ERC20 network: ~0.001 ETH (usually higher than other networks)
• USDT:
• TRC20: ~1 USDT
• ERC20: ~5–10 USDT (much higher)
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✅ 3. Deposit Fee
• Binance does not charge deposit fees, but:
• Some blockchains have their own gas fees (paid by the sender).
• Transactions from wallets with unclear networks may result in loss of funds.
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✅ 4. Internal transfer fee Binance Pay / transfer between users
• No fee if internal transfer within Binance (Binance Pay or user ID).
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✅ 5. P2P transaction fee (Peer-to-peer trading)
• Regular buyer/seller: No fees charged.
• Merchant (Seller):
• May incur transaction fees of 0.35–0.8% depending on the country and volume.
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✅ 6. Fee for using other services
◾ Margin Fee
• Pay interest on borrowed coins daily/hourly.
• Depends on the type of coin, for example:
• USDT: ~0.03%/day
• BNB: lower
◾ Bot usage fee, automated strategies (auto-invest, grid bot, ...)
• No specific fee, but still subject to regular trading fees.
◾ Conversion fee
• Fees are not clearly displayed, but there is a hidden spread between the buy and sell prices.