# Binance Fee Calculator: How To Calculate Binance Fees? [Skip to content](https://www.antrade.io/guide/docs/en/binance-fee-calculator-how-to-calculate-binance-fees/#content)[AntBot | Crypto Trading Bot](https://www.antrade.io/guide/docs/en/)[Free AntBot](https://antrade.io/) * [Home](https://www.antrade.io/guide/docs/en) * [Beginner](https://www.antrade.io/guide/docs/en/en-beginner/) * [Learning](https://www.antrade.io/guide/docs/en/en-learning/) * [Questions](https://www.antrade.io/guide/docs/en/en-questions/) * [Binance Fee Calculator: How To Calculate Binance Fees?](https://www.antrade.io/guide/docs/en/binance-fee-calculator-how-to-calculate-binance-fees/) Search for: BEGINNER * * [How to Create Bitget API Key?](https://www.antrade.io/guide/docs/en/binding_bitget/) * [How to Create Gate.io API Key?](https://www.antrade.io/guide/docs/en/binding_gateio/) * [How to Create Kucoin API Key?](https://www.antrade.io/guide/docs/en/binding_kucoin/) * [Insufficient API Key Trading Permissions: How to Modify API Key Trading Permissions?](https://www.antrade.io/guide/docs/en/insufficient-api-trading-permissions/) * [How Do I Fill in an IP Address in Binance?](https://www.antrade.io/guide/docs/en/ip-address-of-binance/) * [Can Automated Trading Bots Really Make Money?](https://www.antrade.io/guide/docs/en/robots-make-money/) * [How are AntBot’s Initial Positions Calculated?](https://www.antrade.io/guide/docs/en/antbots-initial-positions-calculated/) * [Can API-Keys of Two Exchanges Be Imported Under One Account?](https://www.antrade.io/guide/docs/en/two-api-keys-under-one-account/) * [Binance Trading Fees](https://www.antrade.io/guide/docs/en/binance-trading-fees/) * [Binance Fee Calculator: How To Calculate Binance Fees?](https://www.antrade.io/guide/docs/en/binance-fee-calculator-how-to-calculate-binance-fees/) * [Can One Crypto Run Multiple Bots at the Same Time?](https://www.antrade.io/guide/docs/en/one-crypto-run-multiple-bots/) * [Which Robot Should a Novice Choose to Start and Which Crypto to Choose?](https://www.antrade.io/guide/docs/en/novice-choose-bot-and-crypto/) * [Why Is the Profit of AI Grid Different From the Profit of the Exchange?](https://www.antrade.io/guide/docs/en/the-profit-difference-in-ai-grid-and-exchange/) * [Why AntBot Doesn’t Get My Assets on the Exchange?](https://www.antrade.io/guide/docs/en/why-doesnt-get-assets/) * [Will AntBot Sell the Funds I Bought Manually on the Exchange?](https://www.antrade.io/guide/docs/en/will-antbot-sell-funds-i-bought/) * [What Should I Do About the Position Limit of the Exchange Account?](https://www.antrade.io/guide/docs/en/position-limit-of-exchange-account/) * [Why Is the Position not Added After the Price Has Reached the Position Increase Price?](https://www.antrade.io/guide/docs/en/why-is-position-not-added/) * [Can Energy Be Exchanged for USDT?](https://www.antrade.io/guide/docs/en/energy-exchange-usdt/) * [How Many Funds Do I Need to Start a Bot?](https://www.antrade.io/guide/docs/en/funds-to-start-bot/) * [How to Reduce Fee on Exchange?](https://www.antrade.io/guide/docs/en/reduce-fee-on-exchange/) ## Binance Fee Calculator: How To Calculate Binance Fees? 4 months ago[AntBot](https://www.antrade.io/guide/docs/en/author/antbot/)10 minutes
Binance is a well-known cryptocurrency exchange and is recognized for its lightning-fast trading. Binance’s trading cost of 0.1 percent is cheaper than that of several other US exchanges. But whenever you’re trading cryptocurrency via a crypto trading platform, questions like: does Binance charge fees, what are the different types of Binance crypto fees, and how does the Binance fee calculator work- can cloud your mind. This article will resolve all your questions related to Binance fees and how the Binance fee calculator calculates your trading fee. ### **Binance Fees** When it comes to commission structures, Binance stands apart from the rest. Fees usually start off cheap and only go down from there. Binance transaction fee is based on volume, and it even offers additional savings if you use its own cryptocurrency, Binance Coin (BNB). Futures fees, margin trading, as well as leveraging tokens are among the numerous markets, products, and forms of trading activity available on Binance and each one has its own set of charges. In this article, we’ll go over the basics of Binance fees and show how to calculate them. ### **Binance Fees: Spot Fees** The first Binance fee that we’ll be discussing is spot fees. It is one of the most basic and common terms in crypto trading. But, what are spot fees exactly? The spot price is the current market price at which a specific asset, a cryptocurrency, for example, may be purchased or sold for immediate delivery. The trading fee that you’ll have to pay when trading on spot markets based on the last 30 days’ trading volume, is illustrated in the table below: ‍ | Trade Volume (BTC) in 30 days | BNB Balance | Maker | Taker | | -------------------------------- | ---------------------------------- | ----- | ----- | | Less than 50 BTC | Greater than or equal to 0 BNB | 0.10% | 0.10% | | Greater than or equal to 50 BTC | Greater than or equal to ≥ 50 BNB | 0.09% | 0.10% | | Greater than or equal to 500 BTC | Greater than or equal to ≥ 200 BNB | 0.08% | 0.10% | ‍ Now it is important to understand what these rates mean and figure out how much you’ll be charged when trading. Let’s understand this with an example: Suppose in the last 30 days, you have had a trading volume of 30 BTC. According to the rates tabulated above, for maker and taker orders you’ll have to pay 0.10%. Also keep in mind that, in addition to appropriate trading volume, you must have a minimum of 50 BNB in your crypto wallet for decreased trading costs. #### **How to Calculate Spot Fees** You can use a Binance fee calculator to calculate the spot fees for trading on Binance. However, it is equally important to understand how the calculation takes place so that you can carry out the calculations even if you do not have a Binance fee calculator. For instance, suppose you have 250 USDT in your crypto wallet, which you intend to buy crypto. So what will be the trading fee that you’ll be charged? Here’s a simple formula: **(USDT amount that you’ll use / 100) \* fees rate** Now, we have, (250/100)\*0.10, which gives 0.25 USDT. Thus, you’ll be charged 0.25 USDT for using 250 USDT to buy Binance Coins (BNB). Simply put, by buying BNB with 250 USDT, you will get $249.75 worth of BNB. #### **How to Reduce Spot Fees** In order to reduce your Binance transaction fee, you can use referral codes that can fetch you about a 20% discount when you create a new account. In case you wish to have more discounts, you should keep Binance Coin (BNB) in your crypto wallet to pay Binance crypto fees in BNB and get a 25% fee discount. The table below shows how you can even cut down about 40% that is, 25%+20%, on your Binance fees: ‍ | Trade Volume (BTC) in 30 days | BNB Balance | Maker | Taker | | ------------------------------- | --------------------------------- | ------ | ----- | | Less than 50 BTC | Less than or equal to 0 BNB | 0.06% | 0.06% | | Greater than or equal to 50 BTC | Greater than or equal to ≥ 50 BNB | 0.054% | 0.06% | ### **Binance Fees: Futures Fees** Coming to the next Binance crypto fees, that is futures fees. Let’s begin by understanding what a futures fee is. Futures fee levels are comparable to those found in the spot market, although they are generally cheaper nevertheless, because of the leverage available, the volume required for one VIP category is five times that of the spot market. Binance Futures includes both USDT and coin-marginated futures, each of which has its own set of fees. Let’s start with the trading costs for USDT margined futures: ‍ | Trade Volume (BTC) in 30 days | BNB Balance | Maker | Taker | | --------------------------------- | ---------------------------------- | ------- | ------- | | Less than 250 BTC | Greater than or equal to 0 BNB | 0.0200% | 0.0400% | | Greater than or equal to 250 BTC | Greater than or equal to ≥ 50 BNB | 0.0160% | 0.0400% | | Greater than or equal to 2500 BTC | Greater than or equal to ≥ 200 BNB | 0.0140% | 0.0350% | | Greater than or equal to 7500 BTC | Greater than or equal to ≥ 500 BNB | 0.0120% | 0.0320% | ‍ The table here shows the trading fees that traders are charged for the respective maker and taker orders. If the volume of trade is 300 BTC, you’ll have to pay 0.0160% or 0.0400% trading fee when the position is opened and closed. #### **Binance Fee Calculator: Calculate Futures Fees** Now that we know what futures fee is, it’s time we understand how a Binance fees calculator calculates your futures fee. Let’s assume $1,500 USDT has been sent to your USDT-M futures wallet and are planning to open a 5x leveraged long or maybe a short trade. Now that you have a leverage of 5x, the position size will become 7,500. In order to compute the fee that you’ll be charged: Divide 7,500 by 100 and multiply it by 0.02 or 0.04. So, we get, (7500 / 100) \* 0.02 = 1.5 USDT. When you open a 7,500 USDT position as a maker order, you will be charged a cost of 1.5 USDT. If you wish to pay less, you must have a minimum of 250 BTC in futures trading volume (not spot). By creating a new Futures account with a referral code and with BNB being sent to your USDs-M Futures wallet, you can earn a 10% + 10% fee reduction. Let’s take a look at the Futures trading costs of Binance (coin-margined): ‍ | Trade Volume (BTC) in 30 days | BNB Balance | Maker | Taker | | --------------------------------- | -------------------------------- | ------- | ------- | | Less than 250 BTC | Greater than or equal to 0 BNB | 0.0100% | 0.0500% | | Greater than or equal to 250 BTC | Greater than or equal to 50 BNB | 0.0080% | 0.0450% | | Greater than or equal to 2500 BTC | Greater than or equal to 200 BNB | 0.0050% | 0.0400% | | Greater than or equal to 7500 BTC | Greater than or equal to 500 BNB | 0.0030% | 0.0320% | ‍ If you wish to trade the Bitcoin-US Dollar pair and open a 15 BTC position, you can figure out the trading cost by dividing 15 by 100 and multiplying by 0.01 for maker order or 0.05 for taker order. If it’s a maker order, you’ll have to pay 0.0015 BTC as a trading charge. The calculation differs from the margined pairings USDT and BUSD. To exemplify, let us suppose you buy 6 contracts of the BTC/USD pair. You will have a position size of 600 USD since each contract is worth 100 USD. To calculate the trading fee, * Portion size = USD worth of position size / Entry or closing price * And the coin you swap will give you your position size. * Divide the position size by 100, then multiply by the charge rate. If you think it is difficult to calculate these charges you can easily automate it on any online Binance fee calculator. #### **Binance Fee Calculator: Reduce Futures Fees** If you use referral codes while creating your Binance Futures account, you will receive a 10% fee reduction. You can still enjoy a 10% trading fee reduction if you’ve previously created a Binance Futures account. With some BNB being transferred to your USDT-M futures wallet, to make payments in BNB, you can get this 10% discount. Fees in futures markets, that are USDT marginalized can be paid in BNB for a 10% charge reduction. You can’t pay fees in BNB if you trade coin-margined contracts. You’ll save about 20% (10%+10%) on trading costs if you use a referral code while opening your Futures account and transferring BNB to your USDT-M wallet. ### **Binance Fees: Margin Trading** Binance trading fees for margin trading are assessed hourly. So even if the coins are borrowed for less than an hour, you will be charged interest. #### **Binance Trading Fees Calculator: Calculate Margin Trading Fees** Divide the number of coins that have been borrowed by 100 and multiply by the charge rate (daily), such as X/100 \* 0.05, to compute the amount of interest you will pay. Here’s the formula for calculating the interest to be paid: **Borrowed coins / 100 \* Interest Rate = Interest to be paid** This will tell you how much interest you’ll have to pay if you borrow coins for one day. Fees for spot trading apply to margin trading as well. For margin transactions, you’ll have to pay a 0.1 percent trading charge. If you reduce spot costs by following the techniques described above, you can pay considerably reduced trading fees. #### **Discount or Promotion on Binance Fees** At Binance, you will get a variety of trading fee discounts and promotions. You will receive a 25% reduction in trading costs when using BNB as payment. You can also become a VIP trader to take advantage of aggressive trading cost cuts. Observe Binance specials, such as the $0 commissions on specific trading pairs. ### **Binance Fees: Leveraged Tokens Fees** Leveraged tokens have leverage of 1.25x to 4x, giving traders the chance to profit more during market swings without risking liquidation. #### **Binance Fee Calculator: Calculate Leveraged Tokens Fees** When you will be using Binance to trade leveraged tokens, you will be charged spot trading costs, which are tabulated above. But there’s more! * Daily administration fee * The management charges (0.01%) are payable on a daily basis and the money is traded directly between merchants. ### **The Bottom Line** And that was everything that you should know about Binance fees. If the calculation of the Binance trading fee becomes too complicated for you, you can easily automate the process by using a Binance fee calculator to avoid any mistakes. #### Learn More * Binance Vs. Coinbase: Which Is A Better Crypto Exchange? * How To Add Binance Smart Chain To MetaMask In 4 Easy Steps * Binance vs Binance US: Which Crypto Trading Platform Should You Be Using? ‍ *ZenLedger easily calculates your crypto taxes and also finds opportunities for you to save money and trade smarter. Get started for free now or learn more about our tax professional prepared plans!* **Disclaimer:** This material has been prepared for informational purposes only and is not intended to provide, tax, legal or financial advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. #### Binance Fee Calculator FAQs #### 1. Does Binance charge fees? Yes, Binance US charges a fee, however, it is the lowest fee charged with 0.02% to 0.10% as purchase and trading fees and 3% to 4.5% for debit card purchases. #### 2. How much are Binance fees? Binance has 0.1% trade fees. If you own Binance currency, you can enjoy a 25% reduction on your charge. #### 3. Is Binance cheaper than Coinbase? Binance has significantly lower fees than Coinbase. On most trades, the platform levies a 0.10% fee. For bank transactions, it charges 0.10 percent, and for all credit or debit card purchases, it charges up to 2.10 percent. #### 4. Does Binance charge fees for trading? Binance charges a 0.1% fee for trading on the platform, therefore your pricing will be determined by the size of your deal. The charge is proportional to the size of the transaction. 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