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Author: Admin | 2025-04-28
The only currency pair classified as "tier 0," meaning you can trade between them in either direction without Binance fees.In all other cases, here are the requirements and the effective trading fees for makers (limit orders) and takers (market orders): Data source: Binance.us. Binance Level Minimum 30-Day Trade Volume Maker Fee Taker Fee VIP 1 $0 0.38% 0.57% VIP 2 $50,000 0.2375% 0.38% VIP 3 $100,000 0.1425% 0.2375% VIP 4 $500,000 0.095% 0.19% VIP 5 $1,000,000 0.076% 0.171% VIP 6 $5,000,000 0.0475% 0.1425% VIP 7 $10,000,000 0.019% 0.095% VIP 8 $25,000,000 0% 0.076% VIP 9 $100,000,000 0% 0.0475% On top of this structure, Binance gives you a 5% discount on fees when you pay them from your BNB (BNB -2.9%) holdings. Let's say you used Binance to trade a bit more than $10,000 of cryptocurrencies in the last 30 days. You'll qualify for a $0.2375% maker fee or a 0.38% taker fee.So, you place a $1,000 Binance trade for any cryptocurrency not named Bitcoin (or you pay for your Bitcoin using something other than the dollar-like Tether stablecoin). This will set you back $2.38 in transaction fees for a maker trade or $3.80 for a taker transaction.CoinbaseCoinbase (COIN 0.22%) is one of the best-known crypto platforms in the U.S. Coinbase used to offer lower transaction fees for people with higher 30-day trading volumes, much like Binance, but that schedule has become a thing of the past. Instead, Coinbase will calculate a custom fee for every transaction on the platform's standard trading tool.According to Coinbase, factors that influence the fee include "your chosen payment method, order size, market conditions, jurisdictional location, asset, and other costs we incur to facilitate your transaction." The effective trading price also usually includes a price spread of 1%, similar to the spreads you see when exchanging U.S. dollars for foreign currencies. Here's how these factors work with my personal Coinbase account on Jan. 14, 2025:A $1,000 Bitcoin order would include a $10 price spread and an $18.40 Coinbase fee for a total fee load of $28.40. The fees and price spread did not change when I
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