#CryptoFees101 Binance is one of the most widely used cryptocurrency exchange platforms in the world. Its fees depend on the type of transaction and the user's level within the VIP system. For spot trading, the standard fee is 0.1%, but it can be reduced if BNB is used for payment. In futures, the commission is a maximum of 0.05%. Conversions have no additional cost, while withdrawals vary depending on the cryptocurrency.
Purchases with a card incur a fee of 1.8%, while bank transfer deposits are usually free.
Binance also offers discounts for trading volume and for holding a balance in BNB. It is important to check the fees before trading, as they may change over time. Understanding these costs helps to optimize transactions and reduce unnecessary expenses in cryptocurrency trading.