Binance Trading Fees Explained: Maker, Taker, BNB and How to Pay Less

What Binance actually charges

Binance charges 0.10% per side on spot, and 0.02% maker and 0.05% taker on USDT perpetuals at the regular tier.

Limit orders that rest in the book pay maker, and market orders that execute against it pay taker, and on futures the gap is 2.5x. Within the big 3, Binance's stock futures rates tie OKX for the lowest, and BNB payment is the only token discount of its kind among them. The current schedule per tier is in the official Binance fee schedule, and we maintain the full breakdown, VIP ladder included, on our Binance fees page.

Futures positions also exchange funding every 8 hours. Funding is a transfer between longs and shorts that Binance passes through, so it shows up in your PnL but cannot be discounted by any program, including BNB.

What a year of Binance trading costs

A single 50,000 USDT futures position on Binance costs 50 USDT in taker fees: 25 to open, 25 to close. That is the honest unit to think in, because nobody trades "monthly volume", they trade positions.

Scale it to your own rhythm. At 5 round trips a week, that position size burns about 250 USDT a week, roughly 13,000 USDT a year, paid silently out of your PnL. Smaller size? A 10,000 USDT position still costs 10 USDT per round trip, about 2,600 a year at the same pace. Pay fees in BNB and the numbers drop by 10% on futures and 25% on spot.

The levers that cut your Binance bill

Three levers move what you pay on Binance: the BNB discount, maker orders, and VIP tiers.

First is paying fees in BNB, which Binance discounts by 25% on spot and 10% on futures. It needs no volume, only a BNB balance, and it works from your first trade.

Second, maker fills price at 0.02% instead of 0.05% on futures. Third, the VIP ladder steps both rates down as volume grows. Every lever on this list stacks with every other one. Spot and futures trading fees step down separately, so check both tables for your VIP level rather than assuming one discount covers everything.

Binance deposit and withdrawal fees

Crypto deposits on Binance are free, withdrawals cost a per-coin network fee, and fiat is where extra costs hide. On-chain deposits cost you only the blockchain fee. Withdrawals follow the familiar pattern: the fee depends on the coin and network, and Binance updates the values with chain conditions.

USDT is the classic case: about 1 USDT over TRC20, a multiple of that over ERC20 when Ethereum is busy. The cheap trick most people miss is BEP20: withdrawing over the BNB Smart Chain is regularly the cheapest route Binance offers when both sides support it.

Fiat is a separate story: card purchases carry a percentage fee that dwarfs any trading fee, while SEPA or ACH transfers are cheap or free depending on region. For anything beyond a first small buy, transfer fiat first and buy on spot instead of buying by card. Internal transfers between Binance accounts are free, and canceling an order costs nothing.

Funding, convert and other fees

Three costs sit outside the maker/taker schedule: funding, the Convert spread, and margin interest. Funding is the periodic payment between longs and shorts on perpetuals, exchanged every 8 hours. It is not Binance revenue, but for positions held across weeks it can outgrow the trading fees on the same trade.

Binance Convert shows no fee line, the cost is the spread inside the quoted rate, so past small amounts a spot limit order is usually cheaper. Margin traders pay hourly interest on borrowed funds on top of trading fees, a line item that compounds quietly. Options run on their own schedule, small per contract.

None of these appear in the fee table screenshots, which is why an active Binance month can cost more than the 0.1% headline suggests. Fiat deposits add one more variable: crypto deposits are free, while card and bank costs depend on the payment method and currency.

Binance fees vs Bybit and OKX

At the standard tier the three venues are nearly identical on paper. The BNB discount moves Binance ahead, 30% cashback moves OKX and Bybit ahead. Binance and OKX share the 0.05% futures taker rate, Bybit sits 10% above both.

The full head-to-head with VIP ladders and yearly numbers is in our Bybit vs Binance comparison. The short version: sticker rates do not decide this trio, the effective rate does. With BNB, the Binance futures taker lands at 0.045%. With 30% back through Trade Reclaim, OKX lands at 0.035% and Bybit at 0.0385%; Binance stopped earning cashback when our partnership ended on 15 September 2026.

When the BNB discount is worth it

The BNB discount is worth it if you would hold BNB anyway. It is a position, not free money.

Paying fees from a BNB balance cuts spot fees from 0.10% to 0.075% and futures taker fees from 0.05% to 0.045%. On 60M USDT of yearly futures volume that saves 3,000 USDT. The catch: you hold BNB to do it, and a 10% move in BNB on a 30,000 USDT balance is 3,000 USDT, the entire yearly saving, gained or lost. If you are weighing Binance against the other big venue, the Bybit vs Binance comparison runs both schedules side by side.

Are Binance fees competitive in 2026?

Yes. Binance's stock rates already sit at the cheap end, and the BNB discount takes them lower still.

With BNB, effective regular rates land at 0.075% on spot and at 0.045% taker and 0.018% maker on futures. Binance trades no longer earn cashback since our partnership ended on 15 September 2026, so how the exchanges we work with compare is in the exchange fee comparison, and the mechanics behind fee cashback are in the cashback guide. Fees are only one side of the account: whether Binance itself is safe and what its leverage tiers really cost decide the rest.