Networks, fees and status
Collected straight from the exchange. The fee is quoted in the coin itself and does not depend on the amount — splitting a withdrawal into parts only costs more.
What Binance is and why people start here
Binance launched in 2017 and became the largest crypto exchange in the world in under a year. It still holds that place, and not because of marketing: there is simply more money here. The book on bitcoin and ether is deeper than anywhere else, which means you buy or sell size at the price you see rather than the price you get after slippage.
For a newcomer that is the main argument. You will almost never face a situation where there is nothing to trade a coin against or your order sits unfilled. For an experienced trader it holds too: the Binance price is effectively treated as the market price, and gaps on other venues are measured from it.
What else is here besides plain trading
Binance has long been more than an exchange. Here is what people actually use.
Spot trading — buying coin for coin or for USDT. Nearly five hundred pairs against USDT alone, from bitcoin to tokens you have never heard of.
Perpetual futures — over eight hundred leveraged contracts. Funding is settled here: hold a position and every eight hours you either pay or get paid. A whole kind of arbitrage is built on that, and we have a section for it.
Options — rare among exchanges. They cap your loss in advance: you pay a premium and gain a right rather than an obligation.
P2P — buying crypto for ordinary money directly from people. Hryvnia, zloty, lira, tenge and fifty more currencies, dozens of payment methods. For many this is the only way in, and these are the rates we show in our P2P section.
Earn — savings and staking. A coin sits and earns interest: flexible, withdrawable any time, or locked for a term at a higher rate.
Launchpad and Launchpool — taking part in new coin releases before they reach open trading.
Copy trading and bots — mirroring other traders and automated strategies such as grid trading, configured right in the interface.
The Binance card — paying from a crypto balance wherever ordinary cards are accepted.
Buying one coin for another or for USDT: plain trading, no leverage and no expiry.
518 pairsLeveraged contracts with no expiry date. Funding is charged every few hours — you either pay it or receive it.
862 contractsBuying crypto for ordinary money straight from people; the venue holds the coins in escrow until payment is confirmed.
54 currenciesRare among venues. They cap the loss up front: you pay a premium and get a right, not an obligation.
Yield on coins that just sit there: flexible, withdrawable at any moment, or locked for a term at a higher rate.
Taking part in a token sale before the coin reaches open trading.
Mirroring a chosen trader's deals: their statistics are public and the position size scales to your capital.
Grid trading and averaging configured right in the interface, with no code and no third-party service.
Paying for purchases from a crypto balance wherever ordinary cards are accepted.
Fees: what you actually pay
The base spot rate is a tenth of a percent on both sides of a trade. There are two ways to cut it, and they stack.
First, hold BNB, the exchange token, and switch fee payment to it for a discount. Second, trade more: Binance has tiers, and the rate falls automatically as monthly volume grows.
Futures rates run below spot, and the maker — whoever posts a limit order and waits — pays less than the taker who lifts someone else at market. Getting into the habit of posting limit orders saves real money over time.
Getting money in and out
The most common route in our region is P2P. You pick an ad, send money to the seller by card, and they release the crypto from escrow. The exchange acts as guarantor: while the deal runs, the coins are frozen and the seller cannot take them back.
Coins leave through networks. This is where people lose the most through inattention: the cost of a transfer depends on the network, not the amount. The same USDT costs 0.01 to withdraw on BSC and noticeably more on Ethereum. Nineteen networks to choose from, with a hundredfold spread between them.
Current figures for every coin and network are collected straight from the exchange and sit in the live table at the top of this page.
Fund through P2P the usual way in
Withdraw over a network the price depends on the network
This is where most money is lost to carelessness: the transfer price depends on the network, not on the amount.
What to know in advance
New coins reach Binance later than early-listing venues such as MEXC or Gate: the exchange screens projects more strictly. If you hunt new listings specifically, keep a second venue for that.
And note that Binance does not operate identically everywhere — which services you get depends on your jurisdiction. Check what is available to you before funding an account.
The full fee ladder and the BNB discount
An ordinary user pays 0.10% as maker and taker alike. Paying the fee in BNB takes 25% off, bringing it to 0.075%. On 10,000 USDT of turnover that is the difference between 10 and 7.5 dollars — across a hundred trades it adds up.
From there the VIP level cuts the rate. It counts 30-day volume and the BNB balance: both conditions apply together.
| 30-day volume | Maker | Taker | Makerwith the fee paid in BNB | Takerwith the fee paid in BNB |
|---|---|---|---|---|
| under $1M | 0.1% | 0.1% | 0.075% | 0.075% |
| from 1,000,000 $ | 0.09% | 0.1% | 0.0675% | 0.075% |
| from 5,000,000 $ | 0.08% | 0.1% | 0.06% | 0.075% |
| from 20,000,000 $ | 0.04% | 0.06% | 0.03% | 0.045% |
| from 75,000,000 $ | 0.04% | 0.052% | 0.03% | 0.039% |
| from 150,000,000 $ | 0.025% | 0.031% | 0.0188% | 0.0233% |
| from 400,000,000 $ | 0.02% | 0.029% | 0.015% | 0.0218% |
| from 800,000,000 $ | 0.019% | 0.028% | 0.0143% | 0.021% |
| from 2,000,000,000 $ | 0.016% | 0.025% | 0.012% | 0.0188% |
| from 4,000,000,000 $ | 0.011% | 0.023% | 0.0083% | 0.0173% |
Rates as published by the exchange on the check date; the tier is recalculated automatically. A tier needs both volume and a BNB balance: from 5 BNB at the first to 5,500 at the ninth. The BNB discount is 25% on spot and 10% on futures.
Perpetual futures run a different schedule: 0.02% maker and 0.05% taker for an ordinary user, and there the BNB discount is 10% rather than 25%. The coin has to sit on the futures account itself — if there is not enough, the fee is taken the ordinary way. A 100,000 USDT position costs 20 USDT as maker and 50 as taker.
The order minimum belongs to the pair, not the exchange
Binance has no universal minimum. Every pair carries its own trading filters: LOT_SIZE sets the minimum and maximum quantity and the step, NOTIONAL the minimum order value in the quote currency, PRICE_FILTER the price bounds and tick, and MARKET_LOT_SIZE separate limits for market orders.
All of it is served openly: api.binance.com/api/v3/exchangeInfo returns the filters for any pair, and the contract markets have the same directories at fapi.binance.com and dapi.binance.com. For a bot this is required reading: without the filters it will send orders the exchange rejects.
Futures: two kinds of margin and four modes
Contracts split into USDⓈ-M, margined in USDT or another stablecoin, and COIN-M, margined in the coin itself. Both perpetual and dated contracts exist.
There are two margin modes: cross supports a position from the whole futures balance, isolated assigns it a fixed amount. Position mode switches separately: hedge allows a long and a short on the same contract at once, one-way only a single direction. Order types include take-profit, stop-loss, conditional orders and a trailing stop.
Leverage is advertised to 125x, but that is a ceiling on particular contracts rather than a general rate: what is available falls as the position grows under the risk limits, and also depends on the account type and regional restrictions.
P2P: 77 currencies on the list, the hryvnia among them
Trades run through escrow: the exchange locks the seller's coin, the buyer pays directly, the seller confirms receipt and the coin moves. A dispute goes to appeal; the usual causes are payment sent without confirmation, a partial payment, or money sent from someone else's account. There is a merchant programme with its own status as well.
The official Binance fiat list runs to 77 codes, and the Ukrainian hryvnia is on it. The venue advertises over eight hundred payment methods — bank transfers and cards, local banking systems, e-wallets, payment apps and cash settlement.
Four different things need separating: the currency is supported in fiat services, the currency appears in the P2P filter, there are active ads in it, and specific payment methods are available for it. Only the third and fourth mean a trade can actually happen. Separately: the Russian rouble is not in the published list of 77 currencies — it should not be added from older material.
Beyond P2P, coins can be bought by card, bank transfer, Apple Pay and Google Pay, and in some regions through Revolut Pay and third-party providers. SEPA works in Europe. The final price combines the exchange's fee, the provider's fee, a bank charge, conversion and the spread — and is shown before confirmation.
Deposits, withdrawals and networks
Binance charges nothing of its own to credit a crypto deposit. The minimum depends on the coin and network, the confirmation count on the chain, and some assets require a memo or tag: a destination tag on XRP, a memo on XLM and on certain BNB routes. A transfer below the minimum may not credit automatically — in some cases a deposit-recovery procedure helps, where the asset and network support it.
The network list is the broadest we cover: Bitcoin and SegWit, Ethereum, BNB Smart Chain, TRON, Solana, Arbitrum, Optimism, Polygon, Avalanche, Base, TON, XRP Ledger, Litecoin, Bitcoin Cash, Dogecoin, Aptos, Sui, Sei, zkSync and more. But each coin has its own set: a network existing for USDT says nothing about USDC or ETH.
Payments, the card and gift cards
Binance Pay handles transfers between users, payments at merchants, QR payments and payment links. Internal transfers carry no blockchain fee. Availability depends on the country and the recipient, and the merchant scenarios have their own restriction list that includes Ukraine — which does not automatically extend to the exchange's other products.
The card is not issued everywhere: the programmes run in selected countries, among them Argentina, Brazil, Mexico, New Zealand and part of the European Economic Area. For Ukraine, availability has to be checked by applying in the account itself. Fees depend on the programme, country, currency, conversion and partner.
Gift cards pass crypto to another person: the card is created, sent and redeemed by the recipient.
Auto-invest, pools and drops
Auto-Invest buys a chosen asset on a schedule — daily, weekly or monthly. It automates averaging rather than protecting against risk: it will not save anyone from a falling market.
Launchpool hands out tokens of new projects for staking supported assets, most often BNB or FDUSD. Megadrop adds tasks on top: placing BNB in Simple Earn, completing web3 activities, taking part in a project. Each campaign has its own dates, limits and distribution terms.
Alpha opens access to early-stage tokens. A token's presence in Alpha does not promise a future spot listing. The Web3 wallet is a separate environment: not to be confused with the spot or funding wallet, with network fees and smart-contract risk of its own.
What a deposit earns depends only on the rate, the amount and the term — work it out with yours.
We use the exchange's own formula: amount × rate ÷ 365 × term. Put in the rate you see in your account — it changes.
The API: the most complete set we cover
Each market has its own interface: spot REST and WebSocket, USDⓈ-M and COIN-M futures, options, margin, wallet, sub-accounts and portfolio margin. Spot sits at api.binance.com, the futures markets at fapi.binance.com and dapi.binance.com.
Key permissions are granular: read, spot, margin, futures and the rest. Withdrawal through the API is either restricted or needs extra security settings. The sensible minimum is an IP allowlist, unnecessary permissions switched off, a separate key per service and a secret that never leaves your machine.
Who it suits
Almost anyone starting out. A deep book forgives a beginner's mistakes, the breadth of services means no second account just for staking or futures, and cheap BSC withdrawals make it a comfortable anchor for cross-exchange routes.
If you already trade and hunt rare coins, keep Binance as your main venue with an early-listing exchange alongside. Those two cover nearly everything.
Frequently asked
What does trading on Binance cost?+
The ordinary spot rate is 0.10% for maker and taker, or 0.075% when the fee is paid in BNB. Perpetual futures are 0.02% and 0.05%, where the BNB discount is 10%. As volume and BNB balance grow the rate falls across nine VIP levels.
What is the minimum order on Binance?+
There is no single one: every pair carries its own filters. The minimum order value is set by NOTIONAL and the quantity and step by LOT_SIZE. The exchange serves the current values openly at api.binance.com/api/v3/exchangeInfo.
Does Binance support the hryvnia?+
Yes, UAH is in the official list of 77 fiat currencies. A currency on the list does not guarantee active P2P ads at a given moment, though — that shows only in P2P itself.
How large is the BNB discount?+
25% of the trading fee on spot and 10% on USDⓈ-M futures. The coin has to sit on the matching account: if there is not enough, the fee is charged the ordinary way.
Is the Binance card available in Ukraine?+
It cannot be promised: the card programmes run in selected countries, among them Argentina, Brazil, Mexico, New Zealand and part of the EEA. Whether an application can be made shows in the account itself.
Do I need verification to trade?+
Basic verification for spot trading. Full verification, with a document and a selfie, for P2P, fiat funding and any meaningful withdrawal.
How do I reduce fees?+
Turn on paying fees in BNB — it discounts every trade and is a single toggle. Beyond that the discount grows with monthly volume.
Which network is cheapest to withdraw on?+
It depends on the coin and current network load. The table at the top of this page shows live fees per network — usually TRON and BSC are cheapest, Ethereum dearest.
Why is a withdrawal sometimes delayed?+
Large or unusual transfers go to manual review. Answering the source-of-funds question is usually enough; completing verification in advance reduces the chance of a hold.
Methodology and principles of analytical processing
Forming and structuring the data
The analytical system brings disparate market information together into a single structure, accounting for the specifics of trading directions and the individual characteristics of each platform. That keeps the presentation consistent and the key parameters comparable.
Criteria for forming the results
Forming the analytical selection takes into account the completeness, availability and reliability of the source information. Parameters that meet the established processing and confirmation criteria are included in the calculations. Insufficiently substantiated values are not used in the final results.
Currency of the analytical information
The information presented is kept current through regular refreshing and reconciliation of the analytical parameters. How often that happens is determined by the nature of each category of data and the way it is processed.
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