Binance fees explained: a practical guide

Trading fees are only part of the cost. This guide explains what to check before placing an order or transferring funds. Rates and availability can change by account, product and region.

Maker and taker fees

A maker trade adds an order to the order book; a taker trade immediately matches an existing order. Market orders are taker orders. A limit order is not automatically a maker: any part that matches immediately is a taker trade, while a resting portion can later be a maker trade. Rates depend on the product, pair, account tier and current promotions.

How a spot trading fee is calculated

For a simple illustration, suppose you buy 0.01 BTC and the applicable fee is 0.1%, without BNB fee payment. If the fee is deducted in the received asset, it is 0.00001 BTC, leaving 0.00999 BTC. This rate is an example, not a promise of your rate. Fees apply to executed trades; review both buy and sell costs.

BNB discounts and promotions

Binance offers eligible users a discount for paying certain trading fees with BNB. The relevant setting must be enabled and the required BNB balance available; eligibility and exclusions vary. Check the current fee page and account settings instead of assuming a discount applies to every product or pair.

Referral benefits

Referral benefits are separate from BNB fee payment and depend on the applicable program, account and region. Do not assume a particular rebate or combine discounts without checking Binance’s terms and your registration or account details. We may earn a commission if you register through our link.

Deposits and withdrawals

A crypto transfer may involve a fee charged by the sending platform or network. When withdrawing from Binance, the displayed fee and minimum can vary by asset, network and network conditions. Check the amount you will receive and confirm both sides support the same network; do not choose an incompatible network merely because it is cheaper.

Spread and slippage

The spread is the difference between the highest bid and lowest ask. Slippage is the difference between an expected price and the actual execution price, which can be better or worse. Both affect the effective transaction price and are distinct from the trading fee. A limit order controls its execution price but may not fill.

Futures fees and funding

Futures trading has its own fee schedule. Perpetual contracts may also involve periodic funding payments between traders with opposing positions; depending on the rate and position, you may pay or receive funding. This is separate from the trading commission. Product availability and leverage risks vary by region and account.

Where to check your actual fee

Before trading, check the official fee schedule, your account tier, product, pair and any applicable promotion. The estimated fee on the order screen is a reference, not the final charge. After execution, use trade history to check the actual fee and maker or taker role.

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Important

Know the risks. Crypto trading involves substantial risk and may not be available in your region. This content is not financial advice.