Binance Fees Explained: What You Actually Pay to Deposit, Trade and Withdraw

Binance deposit fees

• Depositing crypto from another wallet or exchange: free. Binance charges nothing on the deposit itself. What you pay is the network fee that the sending platform deducts on its side, not Binance.
• Buying with a card (Visa/Mastercard): fees vary by currency and payment method, and are shown before you confirm, together with the final price. Also note that some banks add their own fees to crypto transactions.
• Bank deposit in local currency: available in certain countries only; fees depend on the currency and payment channel and are shown before you confirm.

The deposit steps themselves are covered in how to deposit on Binance.

Spot trading fees: 0.1%, or 25% less with BNB

On the spot market you pay 0.1% of each trade's value, whether you're a maker (a limit order waiting in the book) or a taker (an order that fills immediately). The rate is the same for a regular user.

Example: you buy 100 USDT worth of coins → the fee is just 0.1 USDT.

The 25% BNB discount

If you hold some BNB and switch on Use BNB to pay for fees in your account settings, trading fees are deducted from your BNB balance at a 25% discount, so the rate becomes 0.075% instead of 0.1%. The same 100 USDT trade costs the equivalent of 0.075 USDT.

High-volume traders (VIP tiers) get lower rates, but 0.1% is the number that matters for most people. The basics of buying and selling are in our Binance spot trading guide.

Binance P2P fees: zero for most users

When you buy USDT on P2P or sell it, you pay no Binance commission in most markets: the price in the ad is exactly what you pay or receive. Binance officially notes it may charge takers or makers in some markets, but the typical user in most currencies sees no extra fee.

Watch out for two other costs that have nothing to do with Binance:

• Bank transfer or e-wallet fees: your bank or payment provider may charge for the transfer itself.
• The spread between sellers: the real "fee" on P2P is the seller's price. Compare several ads before you buy.

Binance Convert fees: zero, but the cost is in the rate

Convert, the one-tap swap between two coins, charges no trading fee; the actual cost is built into the quoted exchange rate. It's great for small amounts and speed; for larger amounts, compare its quote against the spot market price before confirming.

Binance withdrawal fees: per coin, per network

This is where most of the confusion lives: withdrawal fees are not a percentage. Each withdrawal costs a flat amount of the coin itself, which differs per coin and per network, and changes over time with network conditions. The fee is the same whether you withdraw a small or a large amount.

Here is what withdrawing USDT cost per network (figures from the official fee schedule on 20 October 2026; they do change):

Note the gap: the same USDT costs 150× more to withdraw on TRC20 than on BEP20. Which network to pick, and when, is covered in our USDT networks guide.

Where to see live withdrawal fees

Because the numbers change, always rely on what the app shows at the moment of withdrawal: Assets → Send → Withdraw Assets → pick the coin, and the list of networks appears with each network's current fee and minimum next to it, before you confirm anything.

Sending to another Binance user

If you're sending to someone with a Binance account (by email, phone number or Binance ID), the transfer happens internally, without touching any blockchain, so there is no network fee at all.

How to pay less in Binance fees: 5 practical tips

1. Turn on paying fees with BNB and keep a small BNB balance: a permanent 25% discount on trading fees.
2. Move money in and out via P2P in your local currency instead of a card: no Binance commission for most users, and no card fees.
3. Pick the cheapest network both sides support when withdrawing: the fee difference between networks can exceed 100×.
4. Between Binance accounts, use internal transfer by email or ID instead of an on-chain withdrawal.
5. Batch small withdrawals into one: the fee is flat, so withdrawing 500 USDT once is cheaper than 5 withdrawals of 100.

Frequently asked questions

How much are Binance withdrawal fees?

There is no single number: the fee depends on the coin and network and changes with network conditions. For example, on 20 October 2026 withdrawing USDT cost 0.01 USDT on BEP20 and 1.5 USDT on TRC20. The number that counts is the one on the withdrawal screen before you confirm.

Is Binance P2P free?

For most users, yes: no Binance commission, and the ad price is what you pay or receive. Binance may charge fees in certain markets, and your bank may charge its own transfer fees.

How can I reduce Binance fees?

Pay trading fees with BNB (25% off), use P2P to move money in and out in your local currency, withdraw on a cheap network both sides support, and use internal transfers between Binance accounts.

What are Binance trading fees?

0.1% of each spot trade for a regular user, or 0.075% if you pay the fees with BNB.

Does Binance charge deposit fees?

Crypto deposits are completely free on Binance's side. Card purchases and bank deposits carry fees that vary by currency and payment method, shown before you confirm.

Why did I receive less than I withdrew?

Because the network fee was deducted from the amount. On the withdrawal screen you can choose between "amount received" (the fee is added on top of what you typed) and "withdrawal amount" (the fee is deducted from it).

Are withdrawal fees fixed?

No. Binance adjusts them over time based on network conditions, so any fee table you find online can be outdated. The correct number is always the one in the app at the moment you withdraw.

Next step

Don't have an account yet? Open and verify one in minutes:

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Already set up? Walk through how to withdraw from Binance step by step before your first withdrawal.

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Last updated: 20 October 2026 · Figures taken from Binance's official fee schedule and help pages on 20 October 2026. Withdrawal fees move with network conditions; always rely on the number shown on the withdrawal screen.