Tag: binance fees

What is Binance?

Binance is the world’s leading cryptocurrency exchange and its user base is spread across more than 180 countries. But, it has many features that are suitable for beginners and easy to use. So, you can take advantage of its excellent Binance Academy education section to enhance your crypto knowledge.
Binance offers a wide range of services ranging from a complete crypto beginner to “DeFi Design” that caters to everyone. Due to increased regulatory pressure in certain countries. So, Binance has implemented a reliable user verification system and increased its regulatory compliance by removing (or restricting) some controversial services such as security tokens and highly leveraged trading.

Binance fees formation

Deposit fee

Free. There is no fee for crypto deposits.

Trading fees

If you do not use BNB (Binance Coin) to pay your trading fee, you will be charged 0.1% standard fee for each trade.
Using BNB for transaction fees is a discount on your trading fees. By default, if you keep BNB in ​​your account. So, your trading fees will be automatically deducted from your BNB balance. (See how to use BNB to pay the fee and get 25% discount)
Please check the fee schedule to check the trading fee level and other information in your account.
For margin trading fees and data, please read the margin data.
For futures trading fees and data, please see Binance Futures Fee Structure and Fee Calculation.

Withdrawal fee

Our withdrawal fees are dynamic and adjusted automatically based on market conditions.

Binance mobile and desktop applications

Binance offers its services across multiple platforms, including iOS and Android (in the form of mobile applications), browser-based websites, as well as a desktop application for Mac and Windows.  However, if you are a more advanced user who needs a quick update with minimal lag, it is advisable to use the mobile app or desktop version of this, as experiencing too much transaction volume on the Exchange may delay the browser-based experience.