Binance spot trading uses a maker-taker fee model where both maker and taker orders start at a standard rate of 0.1%. Understanding how these fees work can significantly reduce your overall trading costs.
What Is the Binance Spot Maker Taker Fee?
The Binance spot maker taker fee is the cost charged on every spot trade executed on the platform. Both maker and taker orders start at 0.1% for standard users. Maker orders add liquidity by placing limit orders that rest on the order book, while taker orders remove liquidity by filling existing orders immediately.
Spot Maker Fee Details
When you place a limit order that does not execute immediately and sits on the order book, you are acting as a maker. Binance rewards market makers with the same 0.1% base rate as takers at the standard tier, but at higher VIP levels, maker fees drop more aggressively, reaching as low as 0.00825% at VIP 9.
Spot Taker Fee Details
Taker orders are market orders or limit orders that match immediately against existing book orders. The standard taker fee is 0.1%. For USDC trading pairs, the taker fee may be slightly reduced to 0.095%. At VIP 9 level, taker fees can fall to 0.01725%.
BNB Discount on Spot Fees
Enabling BNB fee deduction in your account settings gives a 25% discount on all spot trading fees. At the standard 0.1% rate, this brings the effective fee to 0.075%. For a trade of $10,000, this saves $2.50 compared to not using BNB.
VIP Tier Reductions
Binance VIP tiers are determined by your 30-day trading volume. At VIP 1 (requiring $250,000 in volume), fees drop to 0.09% maker and 0.10% taker. The highest VIP 9 tier requires $2 billion monthly volume and offers 0.00825% maker and 0.01725% taker rates.
For the most current Binance maker taker fee rates, always verify on the official Binance fee schedule at binance.com/fee.