Binance Trading Fees Explained: Spot, Futures, and More (UPDATED 2025)

This guide will break down all the major Binance fees, explain how they are calculated, and share practical tips to help you save ￰0￱ these costs will allow you to trade smarter, keep more of your funds, and make informed decisions with every ￰1￱ course, if you’re new to Binance, I suggest you have a look at our comprehensive reviews and guides: Binance Review & Beginners Guide: Is Binance Safe? Binance Futures Beginner’s Guide & Exchange Review Key Takeaways: Binance is the largest crypto exchange in terms of volume and active ￰2￱ exchange charges different types of fees that vary by transaction type, account level, and ￰3￱ can reduce costs by paying with BNB, using limit orders, and following other tips included in the ￰4￱ costs, such as slippage, liquidity, and conversion rates, can also impact the overall trading ￰5￱ is a crypto exchange founded by a software engineer, Changpeng Zhao (popularly called CZ), in ￰6￱ the crypto exchange debuted at a time when several other exchanges were saturating the market, Binance soon garnered significant attention due to various reasons, including quick token listings and competitive fees.

Today, the crypto custodian boasts over 289 million users ￰7￱ team behind Binance also launched a layer-1 blockchain, known as BNB Chain, alongside a native coin called Binance Coin (BNB). Holding this coin grants access to specific privileges within the Binance ￰8￱ partners of Binance, CryptoPotato readers can receive additional fee discounts and an exclusive $600 voucher in ￰9￱ this link to register, verify your account, and complete the tasks to get up to $600 ￰10￱ of Contents Understanding Binance Fees, Types Spot Trading Futures Trading Options Trading Deposit and Withdrawals Margin and P2P NFT Trading How to Save on Binance Fees Practical Examples of Binance Fees Conclusion Understanding Binance Fees Binance charges different fees depending on the type of transaction, your account level, and trading ￰11￱ first, these fees may seem confusing, but breaking them into categories makes them easier to ￰12￱ main types include: Trading Fees : These are charges when you buy or sell crypto on spot or futures ￰13￱ and Withdrawal Fees : Fees apply when you deposit funds into Binance or withdraw them, whether in fiat or ￰14￱ Fees : Interest charged when you borrow funds for margin trading.

Peer-to-Peer (P2P) Fees : Costs involved when trading directly with other ￰15￱ Fees: Occasional charges may occur for token launches, staking, or special ￰16￱ type works differently, so understanding them helps you make smarter trading ￰17￱ also let you plan trades better and avoid unexpected costs. Now, let’s break down each of these ￰18￱ Trading Fees Spot trading refers to buying or selling the underlying cryptocurrencies directly, rather than a ￰19￱ other words, when you purchase spot, you can also then transfer these assets to your private ￰20￱ Binance, traders are classified as makers or takers, depending on how their orders interact with the market: Maker : Your order contributes to the order book, increasing the market’s ￰21￱ example, if you place a limit order to sell BTC at a price higher than the current market price, it doesn’t execute ￰22￱ are “making” the market, so you pay a maker’s fee, which is usually ￰23￱ : Your order is filled immediately by matching someone else’s ￰24￱ example, if you place a market order to buy BTC at the current price, you are “taking” from the ￰25￱ pay a taker fee for this, which is usually slightly higher.

Tip: Think of it like a ￰26￱ post items for others to buy, and takers purchase the items ￰27￱ default, Binance charges 0.1% per trade for both makers and ￰28￱ may seem small, but frequent trading can add ￰29￱ example, if you buy 1 BTC at $30,000 as a taker, you would pay a fee of $30. Remarkably, you can lower this fee by paying with ￰30￱ automatically gives a 25% discount if you use ￰31￱ Trading Fees Futures trading allows you to speculate on cryptocurrency prices without actually owning the underlying ￰32￱ offers two main futures types: USDT-Margined Futures (USDT-M): These contracts are settled in USDT, a stablecoin. Coin-Margined Futures (COIN-M): These contracts are settled in the cryptocurrency ￰33￱ fees are generally lower than spot trading fees: USDT-M Futures: Maker 0.02%, Taker 0.05% The image below is an overview of the fee rate applicable to the USDT-M Futures:): Fees vary and can be high at ￰34￱ Deposits and Withdrawals Deposits : Deposits are typically free, although most blockchain networks charge a small miner’s ￰35￱ : Fees vary depending on the cryptocurrency and the network you select.

It’s important to note that this is not a Binance-imposed fee, but rather a network fee that cannot be ￰36￱ is an image showing the overview of the fee rates for the Deposit/Withdrawals ￰37￱ also shows the tokens’ network and names:) Trading P2P trading lets you buy or sell crypto directly with other users, usually in ￰38￱ : Generally free Selling : Small fees may apply P2P trading is ideal for users seeking lower fees and more flexible payment options. Notably, you can save money by using promoted payment methods that charge lower ￰39￱ also helps to complete transactions quickly to avoid extra ￰40￱ Trading Fees The Binance NFT Marketplace lets you buy, sell, and even create ￰41￱ other platforms, it comes with some fees: Trading Fee : Binance takes a 1% fee on every NFT sale, whether you are buying or ￰42￱ Fees : NFT creators can set royalties of up to 10%, which are added to every secondary market ￰43￱ is not up to ￰44￱ Fees : When creating NFTs, you may pay blockchain network ￰45￱ depend on the chain, such as BNB Chain or ￰46￱ is an image of the applicable fee rates for the NFT trading section:): $3.60 With BNB Discount (25%): $2.70 Total Fees Paid: $3.60 (or $2.70 if using BNB).

Futures Trading Imagine going long on BTC-USDT at $30,000: Maker Fee: 0.02% = $6 Funding Rate (small periodic payment every 8 hours to keep prices aligned): 0.01% × $30,000 = $3 Total Fees Paid: $9 Margin Trading Suppose you borrow $5,000 to trade ETH at a daily interest rate of 0.02%: Daily Interest: $5,000 × 0.02% = $1 per day Total Interest (3 days): $3 Conclusion Binance fees vary depending on the transaction type, account level, and the specific network ￰47￱ said, the fees tend to be on the lower end of the competitive spectrum, especially if you take advantage of VIP tiers and pay with BNB. It’s critical also to consider hidden costs, such as slippage, liquidity, and conversion charges, which also impact ￰48￱ consolidating trades, selecting low-fee networks, and monitoring funding rates, you can effectively manage ￰49￱ these details ensures you trade more efficiently and avoid unnecessary costs.