#CryptoFees101

For users at the VIP 0 level on Binance, the standard spot trading fee is 0.10% for both Maker and Taker orders. This means that for every trade, a fee equal to 0.10% of the order’s total value is applied.$PEPE $ETH

Example:

If you buy 1 ETH at a price of 3000 USDT, the trading fee would be 3 USDT, or approximately 0.001 ETH if paid in the traded asset.

However, Binance offers a 25% discount on these fees when you choose to pay them using BNB (Binance Coin), the platform’s native token. With the BNB discount, both Maker and Taker fees are reduced to 0.075%.

It’s worth noting that for trading pairs involving USDC, the Taker fee may differ slightly, typically at 0.095%, and 0.07125% if paid in BNB.