Binance Fees: Everything Crypto Traders should know

World biggest cryptocurrency exchange, www.binance.com has taken the crypto trading market by storm. Since 2017, when the project was founded by Changpeng Zhao, Binance has reached unassailable heights up the point around December 2017 when the company had to suspend new user registrations on her website.

Around January 2018, binance already achieved crypto market capitalization of around $1.3 billion making the company the largest cryptocurrency exchange in the world. The company created her own token, binance coin BNB, making it easy for traders to do exchange transaction on the platform.

Binance Trading Fees

Binance offers very low trading fees on her cryptocurrency exchange, just 0.1% is the trading fee on binance.com. Traders who use BNB coin in their trading account get a handsome 50% trading fee discount during their first year of trading on binance. More discounts are also given that further years as seen in the table below.

Although binance charges a general 0.10% trading fee for new traders, these fees are further reduced based on your trading volume in BTC and BNB over a 1 month period. See binance fee structure in the image below.

Binance Deposit & Withdrawal Fees

Now that we have understood about binance trading fees, let us learn about the fees traders are charged when they fund their binance account or when they make withdrawals from their binance account.

Deposit fee: Free

Withdrawal Fee:

Coin / TokenMinimum WithdrawalWithdrawal Fee
BNBBinance Coin0.280.14 BNB
BTCBitcoin0.0020.0005 BTC
NEONEO10 NEO
ETHEthereum0.020.01 ETH
LTCLitecoin0.0020.001 LTC
QTUMQtum0.020.01 QTUM
EOSEOS0.20.1 EOS
SNTStatus7437 SNT
BNTBancor21 BNT
GASNeoGas0.0010 GAS
BCCBitcoin Cash0.0020.001 BCC
BTMBytom105 BTM
USDTTetherUS6.43.2 USDT
HCCHealthCare Chain0.0010.0005 HCC
OAXopenANX13.46.7 OAX
DNTdistrict0x10452 DNT
MCOMCO0.60.3 MCO
ICNICONOMI6.83.4 ICN
ZRX0x4.82.4 ZRX
OMGOmiseGO0.820.41 OMG
WTCWalton10.5 WTC
LRCLoopring27.213.6 LRC
LLTLLToken267.8 LLT
YOYOYOYOW101 YOYO
TRXTRON101 TRX
STRATStratis0.0020.1 STRAT
SNGLSSingularDTV10854 SNGLS
BQXETHOS8.24.1 BQX
KNCKyberNetwork6.83.4 KNC
SNMSONM5025 SNM
FUNFunFair15276 FUN
LINKChainLink7.63.8 LINK
XVGVerge0.20.1 XVG
CTRCentra7035 CTR
SALTSalt6.23.1 SALT
MDAMoeda Loyalty Points5.22.6 MDA
IOTAMIOTA100.5 IOTA
SUBSubstratum23.611.8 SUB
ETCEthereum Classic0.020.01 ETC
MTLMetal3.81.9 MTL
MTHMonetha10050 MTH
ENGEnigma4.82.4 ENG
ASTAirSwap33.616.8 AST
DASHDash0.0040.002 DASH
BTGBitcoin Gold0.0020.001 BTG
EVXEverex6.43.2 EVX
REQRequest Network62.231.1 REQ
VIBViberate7638 VIB
POWRPowerLedger16.88.4 POWR
ARKArk0.40.2 ARK
XRPRipple220.25 XRP
MODModum42 MOD
ENJEnjinCoin6432 ENJ
STORJStorj8.64.3 STORJ
KMDKomodo0.0040.002 KMD
RCNRipio Credit Network9045 RCN
NULSNuls0.020.01 NULS
RDNRaiden Network Token5.82.9 RDN
XMRMonero0.10.04 XMR
DLTAgrello60.830.4 DLT
AMBAmbrosus19.49.7 AMB
BATBasic Attention Token189 BAT
ZECZcash0.010.005 ZEC
BCPTBlockMason Credit Protocol30.815.4 BCPT
ARNAeron8.64.3 ARN
GVTGenesis Vision0.280.14 GVT
CDTBlox18291 CDT
GXSGXChain0.60.3 GXS
POEPo.et290145 POE
QSPQuantstamp7638 QSP
BTSBitShares501 BTS
XZCZCoin0.040.02 XZC
LSKLisk0.20.1 LSK
TNTTierion11055 TNT
FUELEtherparty17688 FUEL
MANADecentraland3618 MANA
BCDBitcoin Diamond0.020.01 BCD
DGDDigixDAO0.080.04 DGD
ADXAdEx14.47.2 ADX
ADACardano41 ADA
PPTPopulous0.840.42 PPT
CMTCyberMiles2814 CMT
XLMStellar Lumens210.01 XLM
CNDCindicator12261 CND
LENDEthLend19296 LEND
WABIWaBi13.26.6 WABI
SBTCSuper Bitcoin0.0010.0005 SBTC
BCXBitcoinX0.50.5 BCX
WAVESWaves0.10.002 WAVES
TNBTime New Bank292146 TNB
GTOGifto4221 GTO
ICXICON0.040.02 ICX
OSTOST8241 OST
ELFaelf7.83.9 ELF
AIONAION63 AION
CVCCivic22.411.2 CVC
REPAugur0.40.2 REP
GNTGolem18.29.1 GNT
DATAStreamr DATAcoin84.642.3 DATA
ETFETF21 ETF
BRDBread7.63.8 BRD
NEBLNeblio0.10.01 NEBL
VIBEVIBE47.623.8 VIBE
LUNLunyr0.920.46 LUN
CHATChatCoin126.663.3 CHAT
RLCiExecRLC73.5 RLC
INSINS Ecosystem8.84.4 INS
IOSTIOStoken208.8104.4 IOST
STEEMSteem0.020.01 STEEM
NANONANO10.01 NANO
AEAeternity2.81.4 AE
VIAViacoin10.01 VIA
BLZBluzelle22.411.2 BLZ
SYSSyscoin21 SYS
NCASHNucleus Vision449224.5 NCASH
POAPOA Network0.020.01 POA
ONTOntology21 ONT
ZILZilliqa76.838.4 ZIL
STORMStorm336168 STORM
XEMNEM84 XEM
WANWancoin0.20.1 WAN
WPRWePower125.462.7 WPR
QLCQLC Chain21 QLC
GRSGroestlcoin0.40.2 GRS
CLOAKCloakCoin0.040.02 CLOAK
LOOMLoom Network31.215.6 LOOM
BCNBytecoin1001 BCN
TUSDTrueUSD2.521.26 TUSD
ZENHorizen0.0040.002 ZEN
SKYSkycoin0.020.01 SKY
THETATheta Token4824 THETA
IOTXIoTeX214.4107.2 IOTX
QKCQuarkChain69.434.7 QKC
AGISingularityNET64.0232.01 AGI
NXSNexus0.040.02 NXS
SCSiacoin10.1 SC
EONEOS Network1110 EON
NPXSPundi X1824912 NPXS
KEYSelfkey456228 KEY
NASNebulas0.20.1 NAS
ADDADD200100 ADD
MEETONEMEETONE600300 MEETONE
ATDAtidium200100 ATD
MFTMainframe362181 MFT
EOPEOSpace105 EOP
DENTDENT1234617 DENT
IQEveripedia2010 IQ
ARDRArdor42 ARDR
HOTHolo23921196 HOT
VETVeChain200100 VET
DOCKDOCK13266 DOCK
POLYPolymath189 POLY
VTHOVTHO4221 VTHO
ONGONG10.1 ONG
PHXRed Pulse Phoenix21 PHX
HCHyperCash0.10.005 HC
GOGoChain10.01 GO
EDOEidoo3.21.6 EDO
WINGSWINGS19.29.6 WINGS
NAVNAV Coin0.40.2 NAV
TRIGTriggers11356.5 TRIG
APPCAppCoins26.813.4 APPC
PIVXPIVX0.10.02 PIVX