Binance Fees Explained: Complete 2025 Guide

Binance Fee Structure Overview

Binance offers one of the most competitive fee structures in the crypto industry. With base trading fees of just 0.10% for both makers and takers, combined with generous volume discounts and BNB payment options, Binance consistently ranks as one of the cheapest exchanges to trade on.

Why Binance Fees Are So Competitive

After trading on Binance for over three years, I’ve found their fee structure to be remarkably fair. Here’s what makes it stand out:

• Flat 0.10% base rate - No complex tiered structure for beginners
• BNB discount - 25% off when paying fees with BNB
• Volume-based tiers - Heavy traders can get fees as low as 0.02%
• Free crypto deposits - Only network fees apply
• Competitive withdrawal fees - Especially on their native BNB chain

Spot Trading Fees Explained

Binance’s spot trading uses a maker-taker fee model:

VIP Level	30-Day Volume	Maker Fee	Taker Fee
Regular	< 1M USDT	0.10%	0.10%
VIP 1	≥ 1M USDT	0.09%	0.10%
VIP 2	≥ 5M USDT	0.08%	0.10%
VIP 3	≥ 20M USDT	0.07%	0.09%
VIP 4	≥ 100M USDT	0.05%	0.07%

Pro tip: Most retail traders stay at the Regular or VIP 1 level. The real savings come from using BNB to pay fees.

BNB Fee Discount Strategy

This is the easiest way to save money on Binance:

1. Buy some BNB - Even $50-100 worth
2. Enable BNB fee payment - In account settings
3. Enjoy 25% off - Automatically applied to all trades

For a $1,000 trade at 0.10%, you’d normally pay $1.00 in fees. With BNB discount, you pay just $0.75. Over hundreds of trades, this adds up significantly.

Futures Trading Fees

Binance’s futures fees are extremely competitive:

• Maker: 0.02% (can be negative with VIP)
• Taker: 0.05%
• Funding rates: Variable (8-hour intervals)

I’ve found futures trading on Binance to be the cheapest among major exchanges, especially for makers who can actually receive rebates at higher VIP levels.

How to Minimize Binance Fees

Based on my experience, here’s how to pay the least:

1. Always use BNB for fees - 25% instant savings
2. Use limit orders - Maker fees are always equal to or lower than taker
3. Withdraw via BNB Chain - Much cheaper than Ethereum
4. Consider BUSD/USDT pairs - Often have 0% maker fees on promotions
5. Deposit via bank transfer - Avoid the 1.8% card fee

Withdrawal Fee Comparison

Binance withdrawal fees vary significantly by network. Here’s a comparison:

Asset	Cheapest Network	Fee
USDT	TRC20	1 USDT
ETH	Arbitrum	0.00014 ETH
BTC	Bitcoin	0.0002 BTC
SOL	Solana	0.01 SOL

My recommendation: Always check if your destination supports layer-2 networks or alternative chains. You can save 90%+ on withdrawal fees.

Final Thoughts

Binance’s fee structure is one of the most competitive in the industry. For regular traders, the combination of 0.10% base fees plus 25% BNB discount means you’re paying effectively 0.075% per trade - hard to beat anywhere else.

The only area where costs can add up is card deposits (1.8%) and Ethereum network withdrawals. Plan around these, and Binance is exceptionally affordable.