What fees did Binance.US just cut for spot trading?

Binance.US reduced spot trading fees to 0% for makers and 0.02% for takers across all trading pairs. This replaces its previous tiered pricing model. The change applies to all users immediately, with no minimum volume or subscription requirements.

Why is Binance.US lowering trading fees so aggressively?

The move is designed to undercut competitors and attract more trading volume. By offering near-zero fees, Binance.US positions itself as one of the cheapest platforms in the US market. This is a competitive strategy to gain market share, especially among retail traders.

How do Binance.US fees compare to Coinbase and Kraken?

Coinbase typically charges around 0.40% to 0.60% for lower-volume traders, while Kraken starts around 0.25% to 0.40%. Binance.US at 0%/0.02% is significantly cheaper. This represents up to a 98% reduction in trading costs versus competitors.

What does 0% maker and 0.02% taker fees mean for traders?

Makers (those placing limit orders that add liquidity) pay no fees at all. Takers (those executing market orders) pay a very small 0.02% fee. This structure incentivises liquidity and reduces trading costs for active users.

How might this affect Binance.US trading volume?

Lower fees typically increase trading activity, as costs are a major factor for traders. This could boost liquidity and attract both retail and algorithmic traders. However, sustained volume growth will depend on trust and platform reliability as well.

Is this good or bad for crypto investors?

It is generally positive, as lower fees improve net returns and reduce friction for frequent trading. However, extremely low fees may raise questions about how the platform generates revenue. Investors should consider both cost savings and platform stability.

How does this move fit into broader competition in crypto trading?

The US crypto market is becoming more competitive, with firms like Charles Schwab entering spot crypto trading. Fee compression is a common strategy as platforms compete for users. This could lead to an industry-wide race toward lower fees.

What role does Charles Schwab play in this competitive shift?

Charles Schwab plans to launch spot crypto trading with fees around 0.75%. This adds pressure on existing exchanges to stay competitive. Binance.US’s move may be partly pre-emptive against such entrants.

Binance.US slashes fees to near zero trading

Written by BloombergPublished Apr. 23 2026Last Updated Apr. 23 2026

Binance.US has reduced spot trading fees to 0% for makers and 0.02% for takers across all trading pairs, eliminating tiered pricing structures.

The exchange said the new model applies to all users without volume thresholds or subscription requirements and could lower trading costs by up to 98% compared with rivals.

The pricing overhaul positions Binance.US below competitors such as Coinbase and Kraken, where fees for retail traders remain significantly higher.

The move follows the appointment of Stephen Gregory and expands earlier zero-fee offerings on select Bitcoin pairs to the entire spot market.

The company said the fee cuts are supported by its infrastructure and recent completion of a SOC 2 Type II audit covering internal systems and controls. Following the announcement the Binance.US share price was unchanged at $XX.

The announcement comes as traditional finance firms such as Charles Schwab prepare to launch spot crypto trading, signalling intensifying competition in the US market.

Binance continues to face regulatory scrutiny following its 2023 settlement with US authorities, with lawmakers in 2026 calling for further reviews of its compliance amid reports of illicit transaction flows, which the company has denied.

At the time of reporting, Bitcoin price was $78,220.85.