#CryptoFees101 Common fees in Crypto on Binance

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

Applicable for buying/selling crypto on Spot, Margin, Futures,…

◾ Spot Trading

• Default Fee:

Maker: 0.1%

Taker: 0.1%

• Fee reduction if:

• Using BNB to pay the fee (reduction ~25%)

• Having high trading volume or high VIP level

◾ Futures Trading (USDⓈ-M or COIN-M contracts)

• USDⓈ-M Futures:

• Maker: ~0.02%

• Taker: ~0.04%

• COIN-M Futures:

• Maker: ~0.01%

• Taker: ~0.05%

• Fee reduction if:

• Using BNB to pay the fee

• Achieving VIP level

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✅ 2. Withdrawal Fee

• Depends on the type of coin and blockchain network.

• For example:

• BTC withdrawn via BTC network: ~0.0002 BTC

• ETH withdrawn via ERC20 network: ~0.001 ETH (usually higher than other networks)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 without clear networks can result in loss of funds.

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✅ 4. Internal Transfer Fee for Binance Pay / transfer between users

• Free for internal transfers within Binance (Binance Pay or user ID).

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✅ 5. P2P Trading Fee

• Regular buyers/sellers: No fees charged.

• Merchant (Seller):

• May incur a transaction fee of 0.35–0.8% depending on the country and volume.

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✅ 6. Fees 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,