Here's the bottom line: The standard spot trading fee on Binance is 0.1%. If you enable the BNB fee deduction, it drops to 0.075% (a 25% discount). If you register using a referral link with a kickback, you get an additional 20% discount, bringing your actual effective fee down to around 0.06%. That means a 100 USDT trade will cost you a mere 0.06 USDT in fees. If you haven't set up your account yet, go to the official Binance website to register and download the official Binance App. Apple users can refer to our iOS installation guide to switch Apple IDs.
The Basic Formula for Spot Fees
Binance spot fees are charged on both sides—you pay once when you buy, and once again when you sell. The basic formula is:
Fee = Transaction Amount × Fee Rate
Example: You buy BTC at market price using 1,000 USDT. The fee = 1,000 × 0.1% = 1 USDT. The fee is deducted before the BTC is credited to your wallet, so the amount of BTC you actually receive is equivalent to 999 USDT worth of BTC.
The same applies when selling. Suppose your BTC rises in value and you sell it for 1,500 USDT. The fee = 1,500 × 0.1% = 1.5 USDT. The final amount credited to your wallet will be 1,498.5 USDT.
How VIP Tiers Change Your Fees
Binance ranks every user from "Regular User" up to "VIP 9" based on their 30-day trading volume and BNB holdings. The higher your tier, the lower your fees. New users start as Regular Users with a 0.1% base rate.
Here are the spot fee rates for the first few tiers:
| Tier | 30-Day Volume (BTC) | BNB Balance (≥) | Maker Fee | Taker Fee |
|---|---|---|---|---|
| Regular | < 1 | 0 | 0.1000% | 0.1000% |
| VIP 1 | ≥ 1 | ≥ 25 | 0.0900% | 0.1000% |
| VIP 2 | ≥ 5 | ≥ 100 | 0.0800% | 0.1000% |
| VIP 3 | ≥ 20 | ≥ 250 | 0.0420% | 0.0600% |
| VIP 4 | ≥ 75 | ≥ 500 | 0.0420% | 0.0540% |
| VIP 5 | ≥ 150 | ≥ 1,000 | 0.0360% | 0.0480% |
Since beginners will likely remain in the Regular tier for a long time, we will focus on the 0.1% rate.
What is the BNB Deduction?
Binance's native platform token is called BNB. When you enable "Using BNB to pay for fees," your trading fees are paid in BNB, and you receive an automatic 25% discount. Instead of paying 1 USDT in fees, you pay the equivalent of 0.75 USDT in BNB.
The practical effect:
| Setup | Spot Fee Rate |
|---|---|
| Standard | 0.1% |
| BNB Deduction Enabled | 0.075% |
| BNB Deduction + 20% Referral Kickback | ~0.06% |
How to enable it: Go to the App or Website "Account Center" → "Fees" → "Using BNB to pay for fees" → Toggle it on. You must have some BNB in your Spot Wallet for this to work.
For beginners, buying just 5-10 USDT worth of BNB is enough to cover fees for a long time. The system prioritizes deducting BNB; if you run out of BNB, it will automatically revert to charging the standard coin.
How Referral Kickbacks Save You Money
When you register through someone else's referral link (or code), the referrer can share a portion of their commission with you. For new users, this usually translates to a 20% direct rebate on your fees.
The specific kickback ratio is set by the referrer. Common setups are:
- Referrer gets 80% / You get 20% (You get a 20% discount)
- Referrer gets 50% / You get 50% (You get a 50% discount, though few referrers offer this)
The links on this site include a referral code by default. Registering through them permanently binds a 20% spot trading kickback to your account, effectively reducing your base fee to 0.08% (which drops further to ~0.06% when stacked with the BNB discount).
Maker vs. Taker in Spot Trading
For Regular tier users in spot trading, Maker and Taker fees are identical at 0.1%. Therefore, beginners don't need to worry about whether they are providing liquidity (Maker) or taking liquidity (Taker).
It’s only when you reach VIP 3 or above that Maker fees become significantly cheaper than Taker fees, giving professional traders an incentive to place limit orders.
Note: Futures trading is entirely different. The base Futures fee is 0.02% Maker / 0.05% Taker, making it much cheaper to be a Maker.
A Complete Fee Comparison
Let's say you do a "round trip" trade (buy and then sell) with 10,000 USDT. Assuming the price doesn't change, let's look at your total fee costs under different setups:
| Setup | Single Side Fee | Round Trip Fee | Cost for 10k USDT |
|---|---|---|---|
| Completely Standard | 0.1% | 0.2% | 20 USDT |
| BNB Deduction On | 0.075% | 0.15% | 15 USDT |
| BNB Deduction + Referral | ~0.06% | 0.12% | 12 USDT |
| VIP 1 + BNB + Referral | 0.054% | 0.108% | 10.8 USDT |
Just by registering correctly and flipping a switch, you can save a substantial amount of money over a year of trading.
Details About the BNB Deduction
Detail 1: What BNB price is used? The system calculates the equivalent amount of BNB based on the real-time BNB/USDT market price at the exact moment your order executes.
Detail 2: What happens if I run out of BNB? The system automatically reverts to the standard 0.1% fee rate and deducts the fee from the coin you are trading. It's recommended to keep your BNB balance slightly higher than 0.1% of your weekly trading volume.
Detail 3: Does holding BNB tie up my capital? Yes, holding BNB means you are exposed to its price fluctuations. However, since BNB is a major asset, holding it long-term isn't necessarily a bad thing and can sometimes yield profits.
Detail 4: Does the BNB deduction apply to Futures? Yes, but the discount is only 10% for Futures (not 25%). It also has its own separate toggle switch inside the Futures settings menu.
Deposit and Withdrawal Fees
Many people mistakenly believe trading fees are the only costs involved. Deposits and withdrawals have their own separate fee structure:
| Action | Fee |
|---|---|
| Crypto Deposit (Any coin) | Free |
| USDT Withdrawal (TRC-20) | ~1 USDT |
| USDT Withdrawal (BSC/BEP-20) | ~0.29 USDT |
| USDT Withdrawal (ERC-20) | 5-10 USDT (Depends on ETH gas) |
| BTC Withdrawal (Bitcoin Network) | 0.0001 - 0.0005 BTC |
Network Choice Tip: For small transfers (< 1000 USDT), use the BSC (BEP-20) network. For large transfers (≥ 10,000 USDT), use the TRC-20 network. Avoid the expensive ERC-20 network unless absolutely necessary.
How to Actually Enable the BNB Deduction
Steps:
- Open the Binance App and tap "Account" (or your profile icon) in the top left/bottom right.
- Find the gear icon for "Settings" or look directly for "Fees."
- Tap "Using BNB to pay for fees."
- Toggle the switch at the top to ON.
- If your wallet has no BNB, go to the Spot market and buy $5-$10 worth of BNB.
Once enabled, it applies immediately to your next order. Your order details will show "Fee: 0.0XX BNB."
How to Check Your Current Effective Fee Rate
Steps:
- In the App, go to "Account" → "Fees" (or "Fee Rates").
- The top of the page will display your current VIP tier and 30-day trading volume.
- The table below will list your exact Spot Maker/Taker rates.
- There is usually a small note indicating "Includes BNB Deduction."
You can also calculate it backward from any completed order: divide the fee paid by the total transaction amount to find your exact percentage.
FAQ
Q: What is the default fee rate after registration? A: Regular User at 0.1%. It drops to 0.075% after enabling BNB deduction, and effectively ~0.06% if you registered with a 20% kickback referral link.
Q: If I don't have enough BNB, will it deduct from other coins? A: It won't deduct from random coins. If your BNB runs out, it reverts to deducting from the specific coin you are actively trading, and the rate jumps back to 0.1%.
Q: How long does it take for referral kickbacks to arrive? A: Kickbacks settle on a T+1 basis. The rebate from today's trades will automatically arrive in your Spot Wallet tomorrow. You can view the history in the "Referral" or "Kickback" section.
Q: Do all trading pairs support the BNB deduction? A: Almost all spot pairs do. A few special exceptions (like brand-new Launchpool projects on their first day) might temporarily disable it, which will be noted in official announcements.
Q: Are there limits to inviting new users? A: Referral quotas depend on your KYC and VIP level. Standard users usually have a cap of 100 invitees. Higher VIP tiers get larger caps.
Q: Can I upgrade my VIP tier just by trading a lot? A: Yes. It's a rolling 30-day calculation. If your volume hits the threshold today, your VIP level automatically upgrades tomorrow. Downgrades follow the same rule.
Q: Do fiat purchases (P2P / Buy Crypto with Card) also charge 0.1%? A: No. Most P2P merchants charge 0 fees (they make money off the bid-ask spread). Direct credit card purchases via "Buy Crypto" usually have a 1-3% fee to cover payment gateway costs. These are completely separate from spot trading fees.
Beginner Recommendation: Register using a referral link with a kickback + turn on the BNB fee deduction. This crushes your fee rate to ~0.06%. Don't stress about hitting VIP tiers until you have substantial trading capital.