Image Credit: Binance
Key Takeaways
- Binance.US eliminated maker fees and reduced taker fees to 0.02% across all spot pairs.
- The move significantly undercuts competitors like Coinbase, Kraken, and Charles Schwab.
- Fee cuts come amid continued regulatory scrutiny following Binance’s $4.3 billion settlement.
Binance.US has eliminated maker fees and cut taker fees to 0.02% across all spot trading pairs. The new pricing replaces the platform’s previous tiered structure and applies to all users regardless of trading volume or account size.
Flat Fee Structure Replaces Volume-Based Tiers
The overhaul marks a significant departure from how Binance.US previously priced spot trades. The earlier model offered zero-fee access only on a limited number of Bitcoin pairs and applied different rates depending on a user’s trading volume.
Under the new structure, those distinctions are gone. Binance.US claimed the new rates could cut costs by up to 98% for users on platforms with the highest entry-level fees, a figure the company did not substantiate with a named competitor. Separately, compared to Coinbase’s entry-level taker fee of around 0.60%, the new 0.02% rate represents roughly a 97% reduction.
The fee cut follows the appointment of Stephen Gregory as chief executive and comes alongside the completion of a SOC 2 Type II audit covering the exchange’s internal systems and controls. Binance.US said the new pricing rollout follows completion of a SOC 2 Type II audit covering its systems and controls.
How Binance.US Rates Compare to Coinbase, Kraken, and Schwab
The revised fee schedule positions Binance.US well below several major US competitors. Coinbase’s public pricing shows spot fees for lower-volume traders ranging from roughly 0.40% to 0.60%. Kraken operates a volume-based model with entry-level fees starting near 0.25% for makers and 0.40% for takers.
On April 16, 2026, Charles Schwab announced plans to launch spot crypto trading for retail clients, beginning with Bitcoin and Ether. The platform will charge 75 basis points (0.75%) per transaction. This is more than 37 times Binance.US’s new taker fee. The moves come as the US retail crypto market draws competition from both established brokerages and crypto-native exchanges.
Binance.US Faces Continued Regulatory Scrutiny
The fee cuts come amid sustained regulatory and political scrutiny of Binance’s US operations. In 2023, Binance reached a $4.3 billion settlement with US authorities over anti-money laundering and sanctions violations.
Former chief executive Changpeng “CZ” Zhao pleaded guilty to a felony charge as part of that agreement. Binance.US has maintained it operates as a legally separate entity, with a company spokesperson stating the platform “operates independently from Binance.”
Scrutiny has continued into 2026, with US lawmakers calling on federal agencies to assess whether Binance is meeting its obligations under the compliance monitor appointed as part of its 2023 settlement agreement.
