A single fee looks trivial, but trade enough and it adds up to real money. Enter your trade size, monthly count and fee rate to see what you pay over a year — and how much a referral-code discount can save you.
This is a rough estimate based on the rate you enter. The real rate changes with your account tier (VIP), whether you pay fees with BNB, maker vs taker, and current promotions, and futures fees differ from spot — Binance is the source of truth. The ~20% discount is used here as an example.
| Scenario | Typical base rate (approx.) | Notes |
|---|---|---|
| Spot taker | 0.1% | Market order, common tier for regular users |
| Spot + BNB discount | about 0.075% | Extra discount when paying with BNB |
| Futures taker | about 0.045% | Futures fees are lower than spot |
| Futures maker | about 0.018% | Limit order that adds liquidity, lower still |
These are rough ranges; they vary by time and account tier. Always check the Binance "Fee Schedule" page for the current figures.
An exchange charges its fee as a percentage of the value you fill on each trade. The standard spot tier is around 0.1%, which sounds tiny — a 1,000 USDT trade costs about 1 USDT. But note that you're charged once to buy and again to sell, so a single round trip is two fees. If you go in and out dozens of times a month, those amounts stack up fast.
This tool lays it out for you: fee per trade = trade size × effective rate; monthly cost = fee per trade × trades per month; multiply by 12 for the year. Flip the "With code" toggle and the rate is calculated after the discount, then compared with no code so you can see the yearly saving directly. You'll notice that the more often you trade and the larger the size, the bigger the absolute amount the discount saves.
There are three main ways to lower your fees. First, use a referral code at sign-up to lock in a fee discount — the easiest single step, but you have to enter it at the moment you register, and it's hard to add afterward. Second, pay fees with BNB for a further reduction. Third, as your trading volume grows you move into higher VIP tiers, which lower the rate automatically. These often stack; check the Binance "Fee Schedule" page for the specifics.
One last reminder: fees are only part of your cost, so don't over-trade just to save on them. Frequent entries and exits pile up both cost and stress, and a lot of what beginners lose is money they traded away out of restlessness. Get your trading logic straight first, then worry about fees. To size a single trade properly at the same time, see the Position Size Calculator.