How Are Binance Fees Calculated?
Plenty of people trade on Binance for the first time, glance at the amount they received after the order fills, find it doesn't match what they expected, and get a little jolt: was I overcharged? You weren't — that small difference is the fee. But fees on Binance hide several layers of nuance: maker vs taker, the BNB discount, VIP tiers. Without getting them straight, you neither know how much you actually paid nor claim the parts you could have saved. Get the rules down, and there is quite a bit to save.
This guide lays out Binance fees layer by layer: the difference between maker (posting an order) and taker (taking an order) in spot trading, how much the BNB discount saves, how VIP tiers lower the rate with your trading volume, why C2C trades usually charge nothing, how the "network fee" on withdrawals is charged, and how the invite-code rebate stacks with all of this. The rates in the text are broad levels only; for specific figures, always go by what Binance's official pages show in real time.
Spot fee basics: maker and taker
Every time you trade coins on Binance (spot trading), each filled order charges a small fee, calculated as a percentage of the trade value. There are two core concepts here — grasp them and you've got most of it:
- Maker (the one posting the order). You post a limit order that no one takes for the moment, so it rests in the order book "waiting" to be filled — you're providing liquidity to the market. That's making.
- Taker (the one taking the order). You place an order at the current market price and it fills immediately (say, a market order) — you take the ready-made liquidity from the order book. That's taking.
Many exchanges charge makers a slightly lower rate than takers, to encourage people to post orders and provide the market with liquidity. On a regular Binance account, the standard spot rate is 0.1% of the trade value for both maker and taker — that is, for every 10,000 traded, the fee is about 10. This is only a rough benchmark; the actual rate depends on your VIP tier and whether you use the BNB discount, so be sure to go by Binance's official fee page.
Beginners tend to use "market orders" for convenience — buy and it fills at once — and that's exactly being a taker. If you're not in a rush, switch to a limit order posted at a suitable price: you avoid a market order filling at an unfavourable price during volatility (on a regular account the maker and taker rates are the same, so the saving is in the price you get, not the fee). But a limit order may never fill, so the two involve trade-offs.
Paying with BNB saves you a slice
BNB is Binance's own platform token. Binance offers a long-standing perk: with "use BNB to pay fees" turned on, your spot trading fee gets a discount — broadly, saving about a quarter (around 25%).
How to use it:
- Hold a little BNB in your account.
- In settings, turn on "Use BNB to pay fees."
- After that, each spot trade's fee is deducted first from your BNB balance, with the discount; only when BNB runs short does it deduct other assets at the standard rate.
For frequent traders, this discount adds up to something not to be sniffed at. But the exact discount ratio and rules change with Binance's policy, so be sure to go by the official statements. One reminder: BNB itself is an asset that rises and falls, so holding it carries price risk too — don't buy more than you need just to save on fees.
VIP tiers: the more you trade, the lower the rate
Binance has a VIP tier system: the more you've traded over a recent period (some tiers also consider BNB holdings), the higher your VIP tier and the lower the fee rate you enjoy. The logic is straightforward — big clients bring the platform more trading volume, and the platform rewards them with lower rates.
- Ordinary users sit at the most basic tier and pay the standard rate.
- As cumulative trading volume rises, you unlock lower maker / taker rates tier by tier.
- For the vast majority of beginners, you're on that most basic tier and VIP is a long way off, so just know it exists — no need to fixate on it.
In other words, VIP is for high-frequency, high-volume traders; at the beginner stage the more practical ways to save are "turning on the BNB discount" and "making good use of the invite-code rebate," not chasing volume to reach VIP — over-trading just to level up costs you more in fees, which isn't worth it.
C2C trades usually charge no fee
Everything above is about spot trading fees (things like using USDT to buy and sell BTC). There's another common operation, C2C (fiat trading) — buying and selling USDT with Alipay/WeChat. C2C's cost structure is different:
- The platform usually doesn't charge either C2C party a separate trading fee (policies differ by platform, so go by the platform's statement).
- But the merchant's quote includes a spread — when buying, the price may be slightly above the market mid-price, and when selling, slightly below, and that gap is the merchant's margin. So C2C isn't "cost-free"; the cost is just hidden in the price rather than listed as a separate fee.
For the full flow and merchant-picking tips for buying USDT via C2C with Alipay or WeChat, see How to buy USDT safely on C2C.
How the withdrawal "network fee" is charged
When you withdraw coins to an external address, you'll see a "withdrawal fee / network fee":
- This is a fee Binance sets separately for each chain to cover the Gas (network fee) needed to get your transfer included on-chain. It won't necessarily match the live Gas you see on the chain; the amount shown on the withdrawal page is what you pay.
- So the network fee is decided by the chain you pick: in September 2026 Binance's withdrawal page showed about 0.01 USDT on BSC, 0.3 on ERC20 and 1.5 on TRC20, so TRC20 is no longer the cheap one; ERC20 is raised when the network is congested, so go by what the withdrawal page shows at the time. This is a separate matter from the trading fee.
For how to choose between chains on speed and cost, see Which chain is cheapest to transfer on. To keep withdrawal costs down, the key is picking the right chain: before you withdraw, compare the fees for each chain on the withdrawal page.
How the invite-code rebate stacks
Besides the BNB discount and VIP, there's another way to save that a beginner can use right away: enter an invite code when you register, and enjoy a fee rebate / discount.
Registering with Binance using our invite code BN666X gets you up to 20% off trading fees*. The logic is: you trade normally and pay fees as usual, and the platform rebates / discounts a portion of them to you at an agreed ratio, effectively lowering your actual rate. This rebate can usually be stacked with mechanisms like the BNB discount; the specific stacking rules and rebate form go by what Binance's back end shows.
The easiest time to enter the invite code is the step where you register your account. A new account that missed it can still bind one from the Referral page within 30 days of sign-up, as long as it has no deposits or trades yet, no existing referral link, and meets Binance's other conditions; an account that has already deposited and traded can't. If you haven't signed up yet, remember to enter the invite code on the registration page. CoinFledge is an independent third-party guide, not Binance's official; the discount ratio and rules go by Binance's actual promotion.
Use the fee calculator for what you actually pay
The rules are laid out, but "how much I actually pay on this order, and how much all the discounts stacked together save" is easy to muddle up doing in your head. This site has built a browser-only fee calculator: you enter the trade value, the rate, and whether the BNB discount is on, and it works out the fee for this trade and what you actually receive — all the calculation done locally in your browser, with the data never leaving your device.
Two scenarios for using it: one, estimate the cost before placing an order; two, compare "BNB discount on vs off" and "different rate tiers" to see exactly how much the difference is, and get a real feel for the money saved. Treat it as a quick calculation before you trade, make it a habit, and over the long run it'll help you pay a lot less needlessly.
A few of the questions people ask most
What exactly is the Binance spot fee?
Broadly, the standard rate on a regular account is 0.1% of the trade value, the same for maker and taker, and it varies with your VIP tier and whether you use the BNB discount. This is just an order-of-magnitude reference; for the precise rate, go by what Binance's official fee page shows in real time.
Which is cheaper, making or taking?
On a regular Binance spot account they're the same: both 0.1%. Only once your VIP tier goes up does the maker rate drop below the taker rate. The market orders beginners commonly use are taking; if you're not in a rush, use a limit order to make — the upside is that you set the price and avoid slippage — but you take on the trade-off that it "may never fill."
How much does the BNB discount save?
With the BNB discount on, the spot fee is broadly cut by about a quarter (around 25%); the exact ratio and rules change with Binance's policy, so go by the official statements. Note that BNB itself has price volatility — don't over-buy just to save on fees.
Can the invite-code rebate and the BNB discount be used together?
Usually they stack — the invite-code rebate lowers your actual rate, and the BNB discount then discounts further, so together they save more. Registering with our invite code BN666X gets you up to 20% off trading fees*. The specific stacking rules and rebate form go by what Binance's back end shows.
Sign up with our invite code BN666X for up to 20% off trading fees*
Create your Binance account →* Actual rate shown on Binance's promo page, subject to change. CoinFledge is an independent guide, not affiliated with Binance.
To pull Binance fees together: spot charges a percentage of the trade value, and on a regular account making and taking cost the same; turning on the BNB discount cuts it further; VIP is for the big players; C2C's cost is hidden in the spread; the withdrawal network fee depends on the chain you pick, and it varies a lot from chain to chain; and entering an invite code at registration adds a rebate. Stack these layers up and the rate you actually pay can be well below "list price." Do a quick calculation with the fee calculator before you order, know where you stand, and your money is spent with clear eyes.