How to Calculate Binance Fees? How to Save? 2026 Complete Guide
Binance is one of the most competitive exchanges globally in terms of fees, with a relatively complex fee structure. This article clearly explains the fee system, helps you calculate the actual cost of each trade, and shares several legal ways to save money.
1. Basic Structure of Binance Fees
Like OKX, Binance charges fees based on two roles: Maker and Taker.
- Maker: Places limit orders waiting to be filled, providing liquidity to the market, with lower fees.
- Taker: Uses market orders for immediate execution, consuming market liquidity, with slightly higher fees.
Beginners are mostly Takers, buying and selling with market orders.
The world's largest cryptocurrency exchange by trading volume,leading in security and liquidity.
New user benefit: Enjoy 20% off trading fees upon registration!
2. Spot Trading Fees
| User Level | Maker Fee | Taker Fee | Upgrade Requirement |
| Regular User (VIP0) | 0.10% | 0.10% | Default |
| VIP1 | 0.09% | 0.10% | 30-day trading volume ≥ 1M USDT |
| VIP2 | 0.08% | 0.10% | 30-day trading volume ≥ 5M USDT |
| VIP3 | 0.07% | 0.08% | 30-day trading volume ≥ 20M USDT |
Note: The base fee for regular Binance users is 0.10%, slightly higher than OKX's 0.08%. However, registering with an invitation code grants a 20% discount, bringing the actual fee down to 0.08%, matching OKX.
3. Futures Trading Fees
| User Level | Maker Fee | Taker Fee |
| Regular User | 0.02% | 0.05% |
| VIP1 | 0.02% | 0.04% |
| VIP2 | 0.01% | 0.04% |
Futures fees are much lower than spot fees, which is why high-frequency traders prefer the futures market.
4. Withdrawal Fees
On-chain withdrawals are charged based on the coin and network. Reference for common coins:
| Coin | Network | Withdrawal Fee | Recommendation |
| USDT | TRC20 | 1 USDT | Best choice, lowest fee |
| USDT | ERC20 | ~15 USDT | Avoid unless necessary |
| USDT | BEP20 | ~0.8 USDT | More cost-effective if recipient supports BSC |
| BTC | Bitcoin | ~0.0005 BTC | Standard rate |
| ETH | ERC20 | ~0.0015 ETH | Standard rate |
Binance's USDT TRC20 withdrawal fee is only 1 USDT, lower than OKX's ~2 USDT, giving it a practical advantage.
5. BNB Deduction: Binance's Unique Money-Saving Mechanism
This is one of the biggest fee differences between Binance and OKX.
Binance has its own platform coin, BNB. By enabling BNB fee deduction, trading fees are automatically paid in BNB, granting a 25% discount.
How to enable: APP → User Center → Fee Settings → Enable BNB Fee Deduction.
After enabling, you need to hold BNB in your account. The system automatically deducts the equivalent amount of BNB as the fee for each trade.
Using a regular user as an example, the actual fee after combining the invitation code discount and BNB deduction:
| Discount Source | Discount Rate | Combined Taker Fee |
| No Discount | — | 0.10% |
| Invitation Code 20% Discount | -20% | 0.08% |
| Invitation Code + BNB Deduction | -0.45 | ~0.06% |
With both discounts combined, the actual fee for regular users can be reduced to 0.06%, the lowest fee combination Binance offers.
6. 5 Practical Ways to Save on Fees
Method 1: Register with an Invitation Code Enter the invitation code FYLK9104 during registration for a permanent 20% fee discount, the most cost-effective way to save.
Method 2: Enable BNB Fee Deduction Hold a small amount of BNB and enable the deduction to save an additional 25% on top of the invitation code discount. Combining both yields the best results.
Method 3: Choose BEP20 or TRC20 for Withdrawals When withdrawing USDT, prioritize BEP20 (0.8 USDT) or TRC20 (1 USDT), avoiding ERC20 (~15 USDT).
Method 4: Use Limit Orders Instead of Market Orders Develop the habit of placing limit orders to act as a Maker rather
