#CryptoFees101

Understanding Binance Fees: What You Need to Know

Whether you're just getting started or trading daily, it’s smart to understand how Binance charges fees. Here’s a quick breakdown:

💱 Trading Fees

Spot Trading: Standard fee is 0.1% for both makers and takers.

BNB Discount: Use BNB (Binance Coin) to pay trading fees and get 25% off — bringing your fee down to 0.075%.

Futures Trading: Even lower fees — starting from 0.02% (maker) and 0.04% (taker).

💸 Withdrawal Fees

Fees vary depending on coin and network.

Example:

USDT via TRC20: Around 1 USDT

USDT via ERC20: Typically higher due to network congestion and gas fees.

🏦 Deposit Fees

Most crypto deposits are free on Binance — a big plus.

🎖️ VIP Benefits

Binance rewards high-volume traders with VIP tiers, which offer progressively lower trading fees.

🧠 Tips to Save on Fees

Hold BNB and activate it for fee payments.

Use cost-efficient networks like TRC20 or BEP20 for withdrawals.

Check the latest rates on the official Binance fee schedule — they can change based on network activity.

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Bottom Line:

Binance is already one of the most competitive exchanges when it comes to fees — but with a few smart moves, you can cut them down even further.