Binance Fee Rates: Spot and Futures Fee Schedule

Binance Spot Trading Fee Schedule

Binance's spot trading fees are determined by your VIP level, which is calculated based on your 30-day trading volume and BNB holdings. The fee schedule is divided into maker fees (for orders that add liquidity to the order book, such as limit orders that do not immediately fill) and taker fees (for orders that remove liquidity, such as market orders or limit orders that fill immediately).

At VIP 0 (the base level), both maker and taker fees are 0.1000%. This means that for every 10,000 USDT traded, you pay 10 USDT in fees. As you advance through VIP levels, these rates decrease progressively.

VIP 1 requires at least 1,000,000 USDT in 30-day spot volume or 25 BNB holdings and offers 0.0900% maker and 0.1000% taker. VIP 2 requires 5,000,000 USDT volume or 100 BNB and offers 0.0800% maker and 0.1000% taker. VIP 3 requires 20,000,000 USDT or 250 BNB and offers 0.0420% maker and 0.0600% taker. Higher VIP levels continue to reduce rates, with VIP 9 offering some of the lowest fees in the industry.

Register through CoinPath with referral code UPUVPIW5 for an additional fee rebate on top of your VIP tier rates.

BNB Discount Effect on Spot Fees

When BNB fee deduction is enabled, all spot trading fees receive an additional 25% discount. This discount applies on top of your VIP tier rate.

VIP 0 with BNB deduction: 0.0750% maker and taker (reduced from 0.1000%). VIP 1 with BNB deduction: 0.0675% maker and 0.0750% taker. VIP 3 with BNB deduction: 0.0315% maker and 0.0450% taker.

The combined effect of VIP tier progression and BNB deduction can reduce your effective fee rate to a fraction of the base rate. For example, a VIP 3 trader with BNB deduction pays only 0.0315% maker, which is 68.5% less than the VIP 0 base rate.

Download the Binance app from the official download page to check your current VIP level and fee rates.

Binance Futures Fee Schedule

Futures trading fees follow a similar tiered structure but with different base rates and VIP qualification criteria.

USDT-Margined Futures at VIP 0: 0.0200% maker and 0.0500% taker. VIP 1 (minimum 15,000,000 USDT 30-day futures volume): 0.0160% maker and 0.0400% taker. VIP 2 (minimum 50,000,000 USDT): 0.0140% maker and 0.0350% taker. VIP 3 (minimum 100,000,000 USDT): 0.0120% maker and 0.0320% taker. Higher tiers continue to decrease, with maker fees approaching zero or even becoming negative (rebates) at the highest levels.

Coin-Margined Futures follow a similar structure with slightly different rates. Consult the official fee schedule for the most current rates.

Futures fee considerations: Futures fees are charged on the notional value of the position, not just the margin. This means a 10x leveraged position of 10,000 USDT margin (100,000 USDT notional value) incurs fees based on the 100,000 USDT. At the VIP 0 taker rate of 0.0500%, that is 50 USDT per side, or 100 USDT round trip.

Fee Calculation Examples

Example 1: Spot market buy. You buy 0.5 BTC at 60,000 USDT per BTC using a market order at VIP 0 with BNB deduction. Trade value: 30,000 USDT. Fee rate: 0.0750% (taker with BNB). Fee: 22.50 USDT worth of BNB deducted.

Example 2: Spot limit order. You place a limit buy for 10,000 USDT of ETH at a specific price. At VIP 0 with BNB deduction, the maker fee is 0.0750%. Fee: 7.50 USDT worth of BNB.

Example 3: Futures position. You open a long BTC position with 5,000 USDT margin at 20x leverage. Notional value: 100,000 USDT. At VIP 0 taker rate of 0.0500%, the opening fee is 50 USDT. Closing fee is another 50 USDT. Total round-trip fee: 100 USDT. Using a limit order for the maker rate of 0.0200% reduces the total to 40 USDT.

Example 4: Daily trader monthly costs. A trader executing 500,000 USDT in spot volume and 2,000,000 USDT in futures volume per month at VIP 0 with BNB deduction. Spot fees: 500,000 x 0.075% = 375 USDT. Futures fees (mixed maker/taker): approximately 700-1,000 USDT. Monthly total: approximately 1,075-1,375 USDT.

Reducing Your Effective Fee Rate

A comprehensive approach to minimizing Binance fees involves layering multiple discount mechanisms.

Enable BNB fee deduction for the automatic 25% spot discount. Register with referral code UPUVPIW5 for the permanent rebate. Use limit orders whenever possible to pay the lower maker fee. Build volume to advance through VIP tiers. Hold BNB to contribute to VIP tier qualification. For futures, use limit orders religiously since the maker/taker spread is significant.

The gap between an unoptimized trader and a fully optimized one is enormous. An unoptimized VIP 0 trader using only market orders pays 0.1% spot and 0.05% futures taker. A fully optimized trader at VIP 3 with BNB deduction and referral code using maker orders pays 0.0315% spot and approximately 0.012% futures. That is a 68% reduction in spot fees and a 76% reduction in futures fees.

Conclusion

Binance's fee schedule rewards higher volume and strategic optimization with progressively lower rates. By understanding the tier structure, enabling BNB deduction, using referral codes, and favoring limit orders, you can significantly reduce your trading costs and improve your overall profitability.

Register with CoinPath using referral code UPUVPIW5 for the best possible rates. Download the app from the official page to monitor your fee tier and optimize your trading strategy.