Binance.US Eliminates Spot Trading Fees in Bid to Dominate US Cryptocurrency Market

Binance.US has made significant changes to its spot trading fees, aiming to undercut rivals in the US cryptocurrency market.

The platform has eliminated its tiered fee structure, introducing 0% maker fees and 0.02% taker fees across all trading pairs. This new pricing model applies to every user, regardless of their portfolio size or trading volume.

According to Binance.US, the updated fee structure could reduce trading costs by up to 98% compared to competitors like Coinbase, which charges between 0.40% and 0.60% for lower-volume traders.