Binance Fees 2026: Complete Breakdown for Spot, Futures & BNB Discounts

Binance charges 0.10% maker and 0.10% taker for spot at the base tier. Paying fees with BNB cuts that by 25%, dropping both to 0.075%. Futures start at 0.020% maker and 0.050% taker, with a 10% BNB discount available. VIP tiers based on 30-day volume or BNB holdings reduce fees further, and a 20% referral discount stacks on top of everything. Binance is the cheapest major exchange for most volume levels.

Binance is the world’s largest crypto exchange by trading volume, processing over $76 billion daily across spot and derivatives. It lists 350+ assets, offers the deepest liquidity on major pairs, and operates in most countries outside the US. The exchange is privately held, headquartered in multiple jurisdictions, and has been increasing regulatory compliance since settling with the US DOJ in late 2023.

This guide covers every fee Binance charges, the math behind BNB discounts, and how the costs compare to every major competitor.

Binance Spot Trading Fees

Binance uses a maker/taker model with tiers based on 30-day USD trading volume and/or BNB holdings. The fee schedule below shows rates before the BNB discount.

Spot Fee Schedule (Before BNB Discount)

Tier	30-Day Volume (USD)	BNB Holdings	Maker Fee	Taker Fee
Regular	<$1M	<25 BNB	0.100%	0.100%
VIP 1	≥$1M	≥25 BNB	0.090%	0.100%
VIP 2	≥$5M	≥100 BNB	0.080%	0.100%
VIP 3	≥$10M	≥250 BNB	0.042%	0.060%
VIP 4	≥$25M	≥500 BNB	0.042%	0.054%
VIP 5	≥$50M	≥1,000 BNB	0.036%	0.048%
VIP 6	≥$100M	≥2,000 BNB	0.030%	0.040%
VIP 7	≥$250M	≥5,000 BNB	0.024%	0.032%
VIP 8	≥$500M	≥8,000 BNB	0.018%	0.026%
VIP 9	≥$1B	≥11,000 BNB	0.012%	0.024%

You can reach a VIP tier through either volume or BNB holdings, not both. A trader with 25 BNB and low volume still qualifies for VIP 1. A high-volume trader with zero BNB still qualifies through volume alone.

At the base Regular tier, a $10,000 spot purchase costs $10 in taker fees. With BNB discount (25%), that drops to $7.50. Add a 20% referral discount (code BIFANY), and the effective cost is $6.00.

The jump from VIP 2 to VIP 3 is steep — maker fees drop from 0.080% to 0.042%. That is because VIP 3 ($10M+ monthly) is where Binance starts competing for institutional traders, and the fee curve flattens above that point.

The BNB Discount Explained

Binance offers a 25% fee reduction on spot trades when you pay fees with BNB. This is the single biggest fee saver for retail traders.

Tier	Standard Maker	With BNB (25% off)	Standard Taker	With BNB (25% off)
Regular	0.100%	0.075%	0.100%	0.075%
VIP 1	0.090%	0.0675%	0.100%	0.075%
VIP 3	0.042%	0.0315%	0.060%	0.045%
VIP 6	0.030%	0.0225%	0.040%	0.030%

To use this, go to your account settings and enable “Use BNB to pay fees.” Keep enough BNB in your spot wallet to cover fees. The discount applies automatically to each trade.

At the Regular tier, BNB discount alone saves you $2.50 per $10,000 traded. Over $100K monthly volume, that is $25/month saved for the cost of holding a few dollars worth of BNB.

How Binance Compares on Spot Fees

Volume Level	Binance (w/ BNB)	Binance Taker (w/ BNB)	OKX Maker	OKX Taker	Bybit Maker	Bybit Taker
Base	0.075%	0.075%	0.080%	0.100%	0.100%	0.100%
~$1M/mo	0.0675%	0.075%	0.050%	0.070%	0.060%	0.080%
~$10M/mo	0.0315%	0.045%	0.020%	0.050%	0.025%	0.050%
~$100M/mo	0.0225%	0.030%	0.010%	0.030%	0.005%	0.025%

With BNB enabled, Binance has the cheapest base-tier spot fees of any major exchange. The 0.075%/0.075% rate (with BNB) beats OKX’s 0.080%/0.100% and Bybit’s 0.100%/0.100%.

At higher volumes, OKX catches up and can beat Binance on maker fees from $10M+. But Binance’s taker fees remain competitive across all tiers, and the liquidity advantage means less slippage on large orders.

Binance Futures Trading Fees

Binance updated its futures VIP thresholds in March 2026, lowering the requirements for VIP 1 through VIP 3. This made the lower tiers easier to reach.

USDT-Margined Futures Fee Schedule

Tier	30-Day Volume (USD)	Maker Fee	Taker Fee
Regular	<$5M	0.020%	0.050%
VIP 1	≥$5M	0.016%	0.040%
VIP 2	≥$10M	0.014%	0.035%
VIP 3	≥$50M	0.012%	0.032%
VIP 4	≥$100M	0.008%	0.025%
VIP 5	≥$250M	0.004%	0.022%
VIP 6	≥$500M	0.002%	0.018%
VIP 7	≥$1B	0.000%	0.017%
VIP 8	≥$2.5B	0.000%	0.015%
VIP 9	≥$5B	-0.005%	0.012%

The base 0.020%/0.050% rate is the industry standard — Kraken and Bybit charge the same maker rate, though Bybit’s taker is slightly higher at 0.055%.

With the 10% BNB discount on futures, the effective base rate drops to 0.018%/0.045%. Stacking a 20% referral discount brings it to 0.0144%/0.036% at the base tier.

The March 2026 threshold changes lowered VIP 1 from $15M to $5M in 30-day futures volume. If you trade $5M+ monthly in futures, you now qualify for reduced rates that previously required triple the volume.

Futures Fee Comparison at Key Tiers

Volume Level	Binance Maker	Binance Taker	OKX Maker	OKX Taker	Bybit Maker	Bybit Taker
Base	0.020%	0.050%	0.020%	0.050%	0.020%	0.055%
~$50M/mo	0.012%	0.032%	0.010%	0.032%	0.014%	0.038%
~$250M/mo	0.004%	0.022%	0.004%	0.024%	0.004%	0.024%
~$1B/mo	0.000%	0.017%	0.000%	0.018%	0.000%	0.018%

At base tier, Binance and OKX are identical on futures. Bybit is 0.005% more expensive on the taker side. At $50M+ monthly volume, all three converge. The differences are marginal at high volume — execution quality and liquidity matter more than 0.001% fee differences at that scale.

Funding Rates

Like all perpetual futures platforms, Binance charges funding every 8 hours. The rate varies based on the premium/discount between the perpetual and spot prices. Binance also introduced 4-hour funding on some pairs in 2025.

When the market is bullish, longs pay shorts. When bearish, shorts pay longs. Funding rates can range from -0.1% to +0.3% per 8-hour period during extreme moves. Check the current rate on the trading interface before opening a position.

Binance Withdrawal Fees

Binance charges flat fees per withdrawal, varying by asset and network.

Asset	Network	Binance Fee	OKX Fee	Bybit Fee
USDT	TRC-20	1.0 USDT	0.99 USDT	1.0 USDT
USDT	ERC-20	3.5 USDT	3.0 USDT	3.0 USDT
USDT	Arbitrum	0.5 USDT	0.1 USDT	0.5 USDT
BTC	Bitcoin	0.0001 BTC	0.0001 BTC	0.0001 BTC
ETH	Ethereum	0.00028 ETH	0.0014 ETH	0.0006 ETH
SOL	Solana	0.01 SOL	0.002 SOL	0.01 SOL

Binance has the cheapest ETH withdrawals among major exchanges at 0.00028 ETH (~$0.84 at $3,000 ETH). BTC withdrawals are identical everywhere at 0.0001 BTC. USDT via ERC-20 is more expensive on Binance ($3.50) than OKX ($3.00) or Bybit ($3.00).

For stablecoin transfers, TRC-20 is the cheapest standard option at $1 across all exchanges. OKX has the edge on Arbitrum at $0.10 vs $0.50 on Binance and Bybit.

Binance Staking and Earn

Binance takes a commission on staking rewards, but the rate is the lowest among major centralized exchanges.

Platform	ETH Staking Commission	Effective APR (~3.5% Gross)
Binance	~10%	~3.15%
Kraken	20%	~2.80%
Coinbase	25%	~2.63%
Self-Stake	0% (gas only)	~3.50%

Binance’s 10% commission is half of Kraken’s and less than half of Coinbase’s. On a $50,000 ETH staking position at 3.5% gross APR:

Binance (10%): $1,575/year net
Kraken (20%): $1,400/year net
Coinbase (25%): $1,312/year net

The $263/year difference between Binance and Coinbase on a single $50K position is real money. If staking is a big part of your strategy, Binance gives you the best return among centralized exchanges.

Binance Earn also offers flexible and locked savings products, launchpool farming, and dual investment products. Rates vary by asset and lock period, with some promotional rates reaching 10-20% APY for new asset listings.

Binance Fiat On-Ramps

Deposit Method	Fee
Crypto (All Networks)	Free
Credit/Debit Card	1.8-2.0%
Bank Transfer (SEPA)	Free or €1
P2P Trading	No platform fee
Apple Pay	1.8-2.0%

Binance’s card purchase fees (1.8-2.0%) are cheaper than most competitors. Kraken charges 3.75% for card purchases, and Coinbase charges 3.99%. However, Binance does not offer free ACH for US users on the international platform (that is Binance.US, a separate entity with different fee structures).

For EU users, SEPA deposits are free or close to free. For everyone else, P2P is the cheapest fiat on-ramp — Binance’s P2P marketplace is the largest in crypto, with competitive rates and no platform fee.

Who Should Use Binance?

Binance Makes Sense If:

You want the deepest liquidity. Binance has the tightest spreads on major pairs. On BTC/USDT, the bid-ask spread is often under $0.10. For large orders ($50K+), the low slippage saves more money than fee differences between exchanges.

You want the cheapest all-in cost at retail volume. With BNB discount + referral code, Binance’s effective spot fee is 0.060% at Regular tier. No other major exchange matches that for users under $1M monthly volume.

You stake on exchanges. Binance’s 10% staking commission is the lowest among centralized platforms. If you stake $50K+ in ETH, SOL, or other PoS assets, the difference adds up to hundreds per year vs Kraken or Coinbase.

You need broad asset selection without going to a niche exchange. 350+ assets with deep liquidity on most of them. You get altcoin access without the liquidity risks of smaller exchanges.

Use a Different Exchange If:

You are a US resident. Binance’s international platform does not accept US users. Binance.US is a separate entity, but as of April 2026 it cut spot fees to 0% maker / 0.02% taker for every user — cheaper than Coinbase or Kraken for order-book trading, though with thinner liquidity and a smaller asset list. See the Binance.US zero-fee breakdown, or compare Coinbase and Kraken.

You want US regulatory protection. Binance is not publicly traded, and its regulatory history is complicated. If you want an exchange that is listed on NASDAQ with full US compliance, Coinbase is the safer choice despite higher fees.

You want the lowest possible futures taker fees at base tier. Binance and OKX tie at 0.050%, and both beat Bybit’s 0.055%. But MEXC offers 0.01% futures taker fees at base tier. If you are a retail futures trader, MEXC’s cost advantage is hard to ignore.

How to Lower Your Binance Costs

Enable BNB fee payment. Go to account settings and turn on “Use BNB to pay fees.” This gives you a 25% spot fee discount instantly. Keep a small BNB balance in your spot wallet at all times.
Use referral code BIFANY. This applies a 20% lifetime discount on all spot and futures trades. The referral discount stacks with BNB discounts. Combined, your effective base spot fee drops from 0.100% to 0.060%.
Use limit orders. Binance’s maker and taker rates are identical at base tier (0.100%/0.100%), so the order type does not matter at Regular level. But at VIP 3+, maker fees are noticeably cheaper. VIP 3 maker is 0.042% vs 0.060% taker — a 30% saving.
Check BNB Earn. If you hold BNB for the fee discount, put the excess into Binance Earn flexible savings. You earn interest on the BNB while it still counts toward your BNB holdings for VIP tier qualification.
Use P2P for fiat deposits. P2P has no platform fee and often gives better rates than card purchases. The markup is set by individual sellers, so shop around. For large amounts ($5K+), P2P rates are typically 0.5-1.5% above spot — much cheaper than the 1.8-2% card fee.
Withdraw via cheap networks. Use TRC-20 for USDT ($1), Solana for SOL ($0.01), and BEP-20 (BNB Chain) for BNB and tokens that support it. Avoid ERC-20 unless the receiving platform does not support alternatives.

Binance Exclusive Offer

20% Fee Discount (Spot + Futures)

Referral CodeBIF****

Clicking will copy the code and open Binance in a new tab.

OKX Exclusive Offer

20% Fee Discount (Spot + Futures)

Referral Codebif****

Clicking will copy the code and open OKX in a new tab.

FAQ

How much are Binance trading fees?

Base spot fees are 0.100% for both maker and taker. With BNB discount (25% off), both drop to 0.075%. Add a referral code for another 20% off, and the effective rate is about 0.060%. Futures base fees are 0.020% maker and 0.050% taker, with a 10% BNB discount available.

Is Binance the cheapest exchange?

For most retail traders, yes. Binance’s 0.060% effective spot fee (with BNB + referral) is cheaper than OKX (0.080%/0.100%), Bybit (0.100%/0.100%), Kraken (0.250%/0.400%), and Coinbase (0.600%/1.200%). The only cheaper option for spot is MEXC at 0% fees, but MEXC has lower liquidity on most pairs.

How does the BNB discount work?

Enable “Use BNB to pay fees” in your account settings. When you trade, Binance deducts fees in BNB instead of the traded asset, and applies a 25% discount to spot fees (10% for futures). You need enough BNB in your spot wallet to cover the fee amount. If your BNB balance runs out, fees revert to the standard rate in the traded asset.

Can US citizens use Binance?

US citizens cannot use the international Binance platform. Binance.US is a separate entity with fewer listed assets and lower liquidity, but it slashed spot fees to 0% maker / 0.02% taker for all users in April 2026, making it the cheapest regulated US venue for order-book trading. See our Binance.US zero-fee guide, or use Coinbase or Kraken for deeper liquidity.

What is Binance’s staking commission?

Binance takes approximately 10% of staking rewards. On ETH at 3.5% gross APR, your effective rate is about 3.15%. This is the lowest commission among major centralized exchanges — Kraken takes 20% and Coinbase takes 25%.

Did Binance change futures fees in 2026?

Yes. In March 2026, Binance lowered the 30-day volume thresholds for futures VIP 1 through VIP 3. VIP 1 now requires $5M monthly futures volume, down from $15M. VIP 2 starts at $10M (was $25M), and VIP 3 at $50M (was $100M). The fee rates at each tier stayed the same, but more traders now qualify.

Related reads: