Binance spot trading fees for regular users are 0.1%—the same for Maker and Taker orders. Enabling BNB deduction gives a 25% discount, dropping it to 0.075%. The higher the VIP level, the lower the fee rate (VIP 1 to VIP 9). How to enable BNB deduction: Account Settings → Fee Discount → Enable BNB. Register an account from the Binance Official Site, grab the APK from the Binance Official App, and see the cross-platform flow in the Download Center.
Spot Fee Rate Table
| VIP Level | 30-Day Volume (USD) | Maker Rate | Taker Rate |
|---|---|---|---|
| Regular | < $1M | 0.1% | 0.1% |
| VIP 1 | ≥ $1M | 0.09% | 0.10% |
| VIP 2 | ≥ $5M | 0.08% | 0.10% |
| VIP 3 | ≥ $20M | 0.042% | 0.06% |
| VIP 4 | ≥ $100M | 0.042% | 0.054% |
| VIP 5 | ≥ $300M | 0.036% | 0.048% |
| VIP 6 | ≥ $750M | 0.03% | 0.042% |
| VIP 7 | ≥ $1.5B | 0.024% | 0.036% |
| VIP 8 | ≥ $4B | 0.018% | 0.030% |
| VIP 9 | ≥ $8B | 0.012% | 0.024% |
The vast majority of retail investors are regular users (VIP 0), calculated at 0.1%.
Maker vs Taker
Maker (Order Placer)
- You place a limit order
- The price doesn't immediately match the market
- The order enters the order book waiting to be filled
- Provides market liquidity
- Lower fee rate (differentiates at higher VIP levels)
Taker (Order Taker)
- You place a market order → always a Taker
- Or a limit order immediately matches an existing open order
- Consumes market liquidity
- Higher fee rate
Regular users have the same fee for both (0.1%), so beginners don't need to differentiate. Higher VIP levels have different rates, making Maker orders cheaper.
BNB Deduction
Binance's native token, BNB, can be used to pay fees, enjoying a 25% discount:
| Level | Maker (with BNB Deduction) | Taker (with BNB Deduction) |
|---|---|---|
| Regular | 0.075% | 0.075% |
| VIP 1 | 0.0675% | 0.075% |
| VIP 2 | 0.06% | 0.075% |
| ... | ... | ... |
Regular users with BNB deduction = 0.075%, which is 75% of the default 0.1%.
Steps to Enable BNB Deduction
- APP "Profile → Settings → Fee Discount"
- Find the "Use BNB to pay for fees" toggle
- Turn it on
- Hold BNB in your spot wallet (at least enough to cover one fee)
Once enabled, the system automatically deducts fees from your BNB balance, applying the 25% discount.
BNB Deduction Notes
- You must have a BNB balance in your spot wallet.
- When BNB is insufficient, fees are automatically paid using the traded coin (reverting to 0.1%).
- It is recommended to keep at least 0.1-1 BNB in your spot wallet.
VIP Level Upgrades
VIP levels are automatically adjusted based on 30-day rolling trading volume:
Calculation Method
- All trading volume from Spot + Margin + Futures + Options (30-day USD equivalent)
- Calculated daily by the system
- Levels update in real-time
How Retail Traders Upgrade
A regular retail trader needs a 30-day volume of $1M USD to upgrade to VIP 1:
- Difficult for someone with an ordinary monthly salary to reach
- Can only upgrade through high-frequency trading (not recommended)
- Or large-scale operations
Extra VIP Perks
Besides fee discounts:
- Withdrawal limits may slightly increase
- Priority customer support
- Relaxed API call limits
- Exclusive quotas for some events
Actual Fee Calculation
Example:
A regular user buys 1000 USDT worth of BTC
- Without BNB deduction: 1000 × 0.1% = 1 USDT
- With BNB deduction: 1000 × 0.075% = 0.75 USDT
A regular user sells 1 BTC
- BTC price is 60000 USDT
- Total amount: 60000 USDT
- Without BNB: 60 USDT
- With BNB: 45 USDT
A VIP 3 user buys 1000 USDT worth of BTC
- Maker 0.042% (Limit Order): 0.42 USDT
- Taker 0.06% (Market Order): 0.6 USDT
- 40-58% cheaper than a regular user
Comparison with Other Exchanges
Spot fees of major exchanges (Regular Users):
| Exchange | Maker | Taker |
|---|---|---|
| Binance | 0.1% | 0.1% |
| Binance + BNB | 0.075% | 0.075% |
| OKX | 0.08% | 0.1% |
| HTX | 0.2% | 0.2% |
| Coinbase | 0.4% | 0.6% |
| Kraken | 0.16% | 0.26% |
| KuCoin | 0.1% | 0.1% |
Binance's fees are among the lowest across mainstream global exchanges.
How Trading Frequency Affects Fees
Low-Frequency Trading (1-5 trades a month)
- Total fees are almost negligible
- No need to worry about VIP level
Mid-Frequency Trading (10-50 trades a month)
- Accumulated fees are around a few dozen USDT
- Just enabling BNB deduction is enough
High-Frequency Trading (100+ trades a month)
- Fee costs become significant
- Large room for optimization
- Combine VIP level upgrades with BNB deduction
Quantitative Trading (100+ trades a day)
- Fees might eat up a large chunk of profits
- A high VIP level is mandatory
- Must primarily use Maker orders (they are cheaper)
How to Determine Maker or Taker
The system will indicate the order type when placing an order:
100% Taker
- Market orders (always Taker)
- Limit orders where the price matches immediately (e.g., buying limit price ≥ best ask price)
100% Maker
- Limit orders where the price does not match immediately (e.g., buying limit price < best ask price)
- The order enters the order book to wait for a match
Partially Maker and Partially Taker
- Large limit orders might partially match immediately (Taker)
- And partially enter the order book (Maker)
Hidden Costs
Besides the stated fees, there are:
1. Slippage
- Actual executed price deviates slightly on large orders
- Almost no impact on small orders
2. Spread
- The gap between the bid and ask prices
- Trading pairs with good liquidity have small spreads (under 0.01%)
3. Withdrawal Fees
- Transferring assets out of Binance incurs a withdrawal fee
- Depends on the coin and network (refer to "How are Binance withdrawal fees calculated")
How to Save on Fees
1. Enable BNB Deduction
The easiest way to save money. Instant 25% off.
2. Use Limit Orders (Maker)
For high-level VIP users, Maker is much cheaper than Taker. But market orders are easier for beginners.
3. Don't Trade Frequently
- Frequent trading racks up fees
- For long-term held assets, fees are almost negligible
- "Buy and hold" is the cheapest strategy
4. Splitting Large Orders Sometimes Isn't Worth It
- 10 small trades = 10 times the fee
- 1 large trade = 1 time the fee
- But large orders might incur slippage
You need to strike a balance.
5. Use Stablecoin Trading Pairs
- Pairs like USDT/USDC, BUSD/USDT
- Small spread, low slippage
- Lower overall costs
Frequently Asked Questions
Q: What happens if I enable BNB deduction but run out of BNB? A: The system will automatically use the traded coin to pay the fee, reverting to the 0.1% rate. You need to buy BNB again to top up your spot wallet.
Q: How is the price of BNB calculated for deduction? A: Based on the current market price. For example, if the fee is 0.75 USDT and BNB is 600 USDT, it will deduct 0.00125 BNB.
Q: Can BNB deduction be used for Futures/Options? A: Yes. It applies the same 25% discount.
Q: What if my VIP level gets downgraded? A: If your 30-day volume falls below the threshold, you will automatically be downgraded. The system will notify you in advance.
Q: Where are the fees deducted from? A: Straight from the traded asset (e.g., buying BTC deducts USDT, selling BTC deducts BTC). If BNB deduction is on, it deducts BNB.
Q: Can I choose not to enable BNB deduction? A: Of course. But you miss out on a 25% discount. Unless you absolutely do not want to hold BNB, it's highly recommended to enable it.
Summary
Binance spot trading fees for regular users are 0.1% (same for Maker and Taker). Enabling BNB deduction gives a 25% discount, bringing it down to 0.075%—a must-do. VIP levels automatically upgrade based on 30-day trading volume (hard for ordinary retail traders to hit VIP 1+). Binance's fees are among the lowest across mainstream global exchanges. Keys to saving money: Enable BNB deduction + don't trade frequently + hold long term. Fees for low-frequency traders are practically negligible, while high-frequency/quantitative traders must optimize them.