#CryptoFees101

Binance charges three main types of fees: trading fees, withdrawal fees, and deposit fees. Trading fees on the spot market are typically 0.1% for both makers and takers, but if you use BNB (Binance Coin) to pay fees, you receive a 25% discount, reducing it to 0.075%. Futures trading fees are even lower, starting at 0.02% for makers and 0.04% for takers.

Withdrawal fees vary depending on the cryptocurrency and network. For example, withdrawing USDT on the TRC20 network costs about 1 USDT, while other networks, like ERC20, may be more expensive. Deposits, on the other hand, are usually free.