#CryptoFees101

Binance - fees under control.

Spot trading - base fee 0.1% for each transaction (maker/taker). However, if you use $BNB (Binance's own token) to pay fees, you can get a 25% discount, and the fee will decrease to 0.075%.

Futures (USDT-M or COIN-M)

Fees are significantly lower - maker from 0.02%, taker from 0.04%. And even lower if your VIP level increases (based on trading volume and BNB balance).

Withdrawals. Fixed fees depending on the specific token and network.

For example, for USDT:

TRC-20 (low fee, approximately $1 USD);

ERC-20 (significantly higher, approximately from $5 to $15 USD).

You can optimize fees on Binance by holding BNB in your balance, choosing the optimal network (TRC-20, ERC-20, BSC), and using Binance Convert (no fees for simple exchanges).