Many newcomers discover after trading on Binance for a while that every buy and sell incurs fees, and these add up over time. Understanding how fees work and knowing the savings tricks can help you keep more of your profits. Log into the Binance official website or the official Binance app to check your current fee tier. iPhone users see the iOS installation guide.

Binance Fee Structure

Spot trading fees

The default rate is 0.1%, meaning for every 1,000 USDT traded, the fee is 1 USDT. Both buying and selling incur fees, so a round trip costs 0.2%.

Example: You spend 10,000 USDT to buy BTC — fee is 10 USDT. Later you sell for 11,000 USDT — fee is 11 USDT. Total fees: 21 USDT.

C2C trading fees — C2C is fee-free for buyers. However, the price already includes the merchant's profit margin, so the effective rate is slightly above market price. Sellers also pay no explicit fee.

Futures trading fees — Split into two types: Maker (limit orders): 0.02%, Taker (market orders): 0.05%. Futures fees are lower than spot, but since futures use leverage, fees are calculated on the full position size. 100 USDT with 10x leverage means fees are based on 1,000 USDT.

Withdrawal fees — Vary by coin and network: USDT (TRC20): 1 USDT, USDT (ERC20): ~3-15 USDT (depends on Ethereum congestion), BTC: ~0.0001-0.0005 BTC.

How to Reduce Fees

Method 1: Use BNB for fee deduction

The simplest and most effective method. Enable "Use BNB for Trading Fees" in settings to get a 25% discount on spot fees (0.1% drops to 0.075%). Just hold a small amount of BNB in your account.

How: Buy some BNB in Assets > Settings > Enable "Use BNB to Pay Trading Fees"

Method 2: Increase VIP level — Binance assigns VIP tiers based on 30-day volume. Higher tiers mean lower fees: VIP 0 (default): 0.1%, VIP 1 (volume over 1M USDT): 0.09%, VIP 2: 0.08%, and so on. Most casual traders will not reach higher tiers due to the large volume requirements.

Method 3: Referral fee rebates — Registering through a referral link provides permanent trading fee discounts. This only works for new accounts.

Method 4: Trade less frequently — The most direct way to save. Avoid frequent trading — each transaction adds up. Think before you trade. "Day trading" fees can easily exceed your profits.

Method 5: Choose low-fee networks for withdrawals — When withdrawing, select cheaper networks. For example, withdraw USDT via TRC20 (1 USDT fee) instead of ERC20 (potentially 10+ USDT fee).

Fee-Related FAQ

Where to check fees: App > Assets > Transaction History — each trade shows the fee breakdown.

My fee seems higher than 0.1%: It should not be. Check if it is a futures trade (different calculation) or if other charges are bundled together.

Not enough BNB for fee deduction: If your BNB balance cannot cover the full fee, the system deducts from the traded currency instead. Keep some BNB in your account at all times.

Understanding fee structures and leveraging discounts saves significant money over time. The BNB fee deduction alone — zero cost for a 25% saving — is something every trader should enable immediately.