Binance.US has slashed its spot trading fees to essentially zero, setting maker fees at 0% and taker fees at just 0.02% across every trading pair on the platform. The supporting evidence appears in the source dataset.
The company said the new structure takes effect immediately and applies to all accounts with no portfolio minimums, volume thresholds, or subscription requirements.
The announcement came alongside a statement from the exchange saying the move could reduce trading costs by as much as 98% compared with competitors. The updated fee schedule replaces the platform’s previous tiered pricing model, which charged users different rates depending on their monthly trading volume.
How Binance.US Stacks Up Against Coinbase, Kraken, and Schwab
The fee gap between Binance.US and its major US rivals is significant. Coinbase charges lower-volume traders roughly 0.40% to 0.60% per transaction, while Kraken’s fees start at approximately 0.25% to 0.40% and decrease with higher volume, according to fee schedules published on both exchanges’ websites.
The competitive pressure extends beyond crypto-native platforms. Charles Schwab, one of the largest US brokerage firms, announced last week that it plans to roll out spot cryptocurrency trading for retail clients in the coming weeks, beginning with Bitcoin and Ether at a flat fee of 75 basis points per transaction.
That positions Schwab’s crypto offering at a rate roughly 37 times higher than what Binance.US takers will now pay.
The Binance.US fee restructuring also expands what was previously a more limited zero-fee offering. The platform had earlier eliminated fees on select Bitcoin trading pairs, but the new policy extends that pricing across all spot markets.
According to the company’s announcement, the pricing is supported by its current trading infrastructure rather than subsidized through a promotional period.
Leadership Change, Audit Completion, and Regulatory Backdrop
The fee change follows the appointment of Stephen Gregory as chief executive of Binance.US, signaling a strategic push to rebuild market share and user trust.
The platform also disclosed that it recently completed a SOC 2 Type II audit covering its systems and controls, a compliance milestone that typically signals institutional-grade security and operational reliability.
That audit completion carries weight given the regulatory scrutiny the exchange has operated under since 2023. Binance, the global parent and the largest crypto exchange in the world by trading volume, reached a $4.3 billion settlement with US authorities that year over anti-money laundering and sanctions violations. Former CEO Changpeng Zhao, widely known as CZ, pleaded guilty to a felony charge as part of that settlement. The agreement also placed the company under a court-supervised monitoring program requiring continued reporting to US regulators.
Regulatory pressure has not eased since. In March 2025, a UAE-based entity invested $2 billion in Binance using a stablecoin issued by a company linked to US President Donald Trump and his family, drawing conflict-of-interest objections from lawmakers.
Trump later issued a pardon to Zhao following his four-month prison sentence. Then, in February 2026, a group of US senators urged Treasury and Justice Department officials to conduct a comprehensive review of Binance’s compliance with its settlement obligations.
Against that backdrop, the SOC 2 audit and the fee restructuring can both be read as efforts to demonstrate operational credibility to US regulators and retail users alike.
A near-zero fee structure is one of the most direct ways an exchange can attract volume quickly, particularly among cost-sensitive retail traders who compare platforms before executing high-frequency or large orders.
On the product side, Binance has also been expanding beyond pure trading.
The company began integrating prediction market features into its main global app earlier this month through a partnership with third-party platform Predict.fun, offering gasless trading by covering transaction and settlement fees on BNB Smart Chain.
While that development is specific to the global Binance app rather than the US entity, it reflects a broader push by the Binance group to diversify its feature set and keep users within its ecosystem.
For US-based traders evaluating where to route their spot crypto orders, the math is now difficult to ignore. A taker fee of 0.02% on a $10,000 trade costs $2 on Binance.US compared with up to $60 on Coinbase at the higher end of its fee range.
Whether the fee cut translates into sustained volume growth for Binance.US will depend partly on how rivals respond and whether the platform’s regulatory standing remains stable enough to attract institutional participants alongside retail users.
Not Financial Advice: This article is for informational purposes only. Crypto investments are highly volatile. Always do your own research.
