What’s the best deal on Binance’s fees? 2024/25 Latest Binance fee list｜0 Handling fee tutorial

What are Binance exchange fees: service fees extracted from user operations

As the world's largest exchange, Binance extracts a meager "handling fee" from every "operational behavior" of users to obtain profits, that is, whether you are on-chain transfers , spot transactions , contract openings , or pledge financial management Or the latest Binance payment , as long as the operation is successful, a small service fee must be paid to Binance.

How to Pay Binance Exchange Fees

Currently, Binance’s handling fees are directly deducted from the operation amount .

For example, if you have 100 USDT (USD stablecoin) and want to buy 1 Cryptocurrency A for 1 USD. If all 100 yuan is used to place an order, you will only get 99.9 A tokens in the end, because 0.1 US dollars is used as a handling fee. In the same way, if you want to transfer 100 US dollars of cryptocurrency, you need to have enough additional spot as a handling fee to transfer all 100 US dollars of cryptocurrency.

Although the handling fee only accounts for more than 0.00% of the operation amount, the accumulation of long-term operations may be a considerable sum. Therefore, before operating, let’s take a look at the handling fees of each function of Binance and find out how to The most economical operation!

Binance 0 Fee Trading: The Secret Weapon to Save Binance Exchange Fees

If you want to reduce investment costs by saving on Binance fees, there are two methods you must know.

1. Use Daily Biyan’s Binance invitation code A5GCDP7Q to register and open an account. No matter what kind of transaction you make, you can immediately enjoy a lifetime 10% discount on handling fees! 👉🏻Register portal

2. When conducting spot or margin trading, you can enjoy a 0-fee discount for placing orders on specific currencies such as FDUSD, a stable currency supported by Binance, including BTC, ETH, BNB, SOL, DOGE, LINK, and XRP. If you want to buy these six major currencies, don’t forget to switch to FDUSD first.

▍Extended reading: FDUSD Coin-Binance Stablecoin Rising Star｜Security, high-annual mining, purchase and interest collection tutorials

Binance deposit/stored value handling fee: no handling fee for cryptocurrencies and C2C, more than 2% for credit cards

► Cryptocurrency deposit: The so-called cryptocurrency deposit is to transfer cryptocurrency to Binance from other blockchain wallets or exchanges. Currently, Binance does not charge cryptocurrency deposit/deposit fees, which means that no matter you Binance does not take a commission from any amount of cryptocurrency you deposit into your Binance account, you get what you deposit.

► C2C deposit: Also known as Customer to Customer, using the matching platform provided by Binance, buyer users can browse the orders of other sellers on the matching market, select an acceptable cryptocurrency exchange rate quote, and then transfer the money by remittance. By transferring to a designated account, you can usually find cheaper orders than using a credit card.

There is also 0 handling fee for using C2C services on Binance, but the buyer has to compare the exchange rate of cryptocurrency by himself. In addition, when transferring fiat currency, the bank may charge transfer fees.

► Credit card deposit: Currently, when you directly use a credit card to purchase stablecoins such as USDT or USDC on Binance, the transaction fee is about 2%, and the exchange rate is usually poor (taking the US dollar as an example, the exchange rate in other places is 32, and buying with a credit card may be 34 Above), usually plus the bank's 1.5% overseas credit card handling fee, the total cost may be as high as 7% .

Although it is fast, this deposit method is not recommended because of the high cost and restrictions on the credit cards that can be used according to government regulations in different countries.

Binance withdrawal/withdrawal fees

To withdraw/withdraw cryptocurrency from the Binance exchange, there are different calculation methods depending on the currency and the blockchain it belongs to. Below we list the withdrawal fees for several common currencies. (Please note that the "unit" of handling fees for each currency or blockchain is different, so remember to read it carefully before withdrawing it)

If you want to know the withdrawal/withdrawal fees of other currencies listed on Binance, you can also use "Search Token" on the Binance deposit/withdrawal fee explanation page .

Binance spot and margin trading fees: Maker 0.1%, Taker 0.1% (one thousandth)

Binance spot and margin trading fees will vary based on the user's overall trading volume and BNB holdings. Simply put, if you have "the larger your cumulative trading volume" or "the more BNB positions you have in your account," you can enjoy more discounts on handling fees.

But this discount is usually only enjoyed by large traders. If you are an ordinary user , that is, a user whose transaction volume does not exceed 1 million US dollars within 30 days, or who holds no more than 25 BNB, no matter you are a buyer or a seller, your "buying coins" and "selling coins" handling fees It is always 0.1%.

💡If you want to save spot transaction fees, in addition to referring to the two methods at the beginning of the article, if a Taker (taker) who directly uses market price transactions trades with USDC, the handling fee is 0.095%, which is 0.005% cheaper than using USDT; or if you If you have BNB in ​​your Binance account, you can enjoy a 25% discount on handling fees by using BNB to offset handling fees.

Binance U-based contract fees: Maker 0.02%, Taker 0.05%

► U-based contract means that users use USD stablecoins such as USDT and USDC as margin for the contract .

If you are an ordinary user , that is, a user whose trading volume does not exceed US$1.5 million within 30 days, or who holds no more than 25 BNB, whether you are a buyer or a seller, your U-based contract "pending order" handling fee is 0.02%. The "take order" handling fee is 0.05%.

💡Deposit BNB in ​​your Binance account and use BNB to offset handling fees to enjoy a 10% discount on handling fees .

Binance Coin-margined contract fees: Maker 0.02%, Taker 0.05%

► Coin-based contracts refer to users using BTC, ETH and other cryptocurrencies as margin for the contract .

If you are an ordinary user , that is, a user whose trading volume does not exceed US$1.5 million within 30 days, or who holds no more than 25 BNB, regardless of whether you are a buyer or a seller, your currency-based contract "pending order" handling fee is 0.02%. The "take order" handling fee is 0.05%. (The handling fees of U-standard and currency-standard contracts are almost the same. The difference is that the currency-standard contract does not have USDC and BNB discounts .)

Binance options fees: Maker 0.03%, Taker 0.03%

► Options trading refers to: a form of derivative financial product trading that allows investors to buy or sell a certain cryptocurrency at a predetermined price at a specific point in time in the future.

If you are an ordinary user , that is, a user whose trading volume does not exceed US$1 million within 30 days, regardless of whether you are a buyer or a seller, your option "pending order" handling fee is 0.03%, and the "taking order" handling fee is 0.03%.

Binance Pay Binance Pay handling fee

► Binance Pay is a cryptocurrency payment solution developed by Binance. Users can use Binance Pay to pay at merchants or send and receive cryptocurrencies to other users. Depending on the usage scenario, different proportions of handling fees will be charged.

Further reading

Binance discount code: A5GCDP7Q｜Binance 2024 exclusive discount code, permanent 10% off handling fees!

Binance P2P/C2C Deposit and Withdrawal Tutorial｜Zero handling fee in 2 minutes, buy coins quickly