Trading fees are a significant component of trading costs, and understanding Binance's fee structure can save you a lot of money. By registering on Binance through the EG Genius exclusive link, you automatically receive a 20% fee rebate — the first step to long-term savings. Install the official Binance APP to check your fee tier and discount details in real time.
What Are the Spot Trading Fees?
Binance spot trading has a base fee rate of 0.1% for Maker (limit orders) and 0.1% for Taker (market orders), which is already among the lowest of major global exchanges. Fees decrease based on your VIP level, determined by your 30-day trading volume and BNB holdings. Regular users (VIP 0) pay 0.1%, VIP 1 (monthly volume over 1M USDT) drops to 0.09%/0.1%, and the highest VIP 9 level can be as low as 0.02%/0.04%. Additionally, Binance frequently offers zero-fee promotions for specific trading pairs — watch announcements to catch these opportunities. For most regular users, the referral code rebate obtained at registration is the most practical way to save.
How Much Can You Save by Paying Fees with BNB?
After enabling "Use BNB to Pay Fees" in your Binance account settings, all trading fees are automatically deducted from your BNB balance with a 25% discount. This means the original 0.1% fee drops to 0.075%. This discount stacks with referral rebates — if you registered through our site with a 20% rebate and also use BNB for payment, your effective rate is even lower. Holding BNB also helps increase your VIP level, further reducing fees. We recommend always maintaining some BNB in your account for fee payments — it's the simplest and most effective way to save money.
Futures Trading Fees Explained
Futures trading has a different fee structure from spot. USDT perpetual contracts have base rates of 0.02% Maker and 0.05% Taker. COIN-M contracts (coin-margined) have rates of 0.01% Maker and 0.05% Taker. Futures fees also decrease with VIP levels. Beyond trading fees, perpetual contracts also have funding rates, settled every 8 hours — when the rate is positive, longs pay shorts; when negative, shorts pay longs. Funding rates are not fixed and adjust dynamically based on the market's long/short ratio. Frequent traders should pay attention to how fees affect overall returns — using Maker orders (limit orders) gets you lower rates.
What Other Fees Are There?
Besides trading fees, Binance also charges the following: Withdrawal fees vary by coin and network as a fixed amount to cover blockchain network miner fees. C2C trading itself is fee-free, but prices may include merchant profit margins. Fiat deposits via bank card or third-party payment may incur 0.5%-2% fees. Futures liquidation charges a clearing fee. All fees are clearly displayed before transactions with no hidden charges. After understanding all fees, you can choose the most cost-effective methods for operations.
A Comprehensive Fee-Saving Strategy
To maximize fee savings, adopt these combined strategies: First, register with a referral code for rebates. Second, enable BNB fee payment for discounts. Third, use limit orders instead of market orders whenever possible for lower Maker rates. Fourth, increase your VIP level by boosting trading volume or holding more BNB. Fifth, watch for zero-fee trading pair promotions. Sixth, choose the cheapest network when withdrawing. Seventh, avoid frequent small trades — consolidate operations to reduce fee instances. Combining these methods can significantly reduce your long-term trading costs.