Binance.US cuts spot fees to 0% makers and 0.02% takers across all pairs

Binance.US has cut its spot trading fees to near-zero to win market share. The new Binance.US spot fee schedule sets maker fees at 0% and taker fees at 0.02% for every spot pair. Binance.US says the change applies immediately to all accounts and is not tied to volume tiers, account size, or any subscription plan. Previously, Binance.US offered zero fees only on selected Bitcoin pairs and used a tiered model elsewhere. The update removes volume tiers and subscription requirements, effectively expanding low-cost execution across nearly all US spot markets. The exchange claims this could cut trading costs by up to 98% versus some competitors. For context, Coinbase’s public rates for lower-volume traders are roughly 0.40%–0.60%, while Kraken starts around 0.25%–0.40% with volume-based reductions. Charles Schwab said it plans to launch retail spot crypto trading starting with Bitcoin and Ether at 75 bps per transaction. Regulatory and corporate risk remains in the background. Binance faced US scrutiny and paid a $4.3B settlement in 2023 over anti-money laundering and sanctions issues, while Binance.US emphasizes it operates as a separate legal entity and completed a SOC 2 Type II audit before rolling out the fee cuts. Trader take: the near-zero Binance.US spot trading fees could pressure competitor margins and attract higher-frequency retail flow, which may increase spot liquidity and reduce round-trip costs in the short run—though broader impact depends on regulatory developments.