Binance.US drops spot trading fees in challenge to rivals

Binance.US has reduced its spot trading fees to 0% for makers and 0.02% for takers across all trading pairs. 

The exchange said the new pricing applies to every user and does not depend on trading volume, account size, or subscription plans.

The move replaces the platform’s earlier tiered structure and expands zero-fee access beyond a limited number of Bitcoin pairs. Binance.US said the change takes effect immediately and is designed to lower costs for retail traders using the platform.

New pricing targets pressure from rivals

The updated fee model puts Binance.US below many major rivals in the US market. The company said the new structure could cut trading costs by as much as 98% compared with some competing platforms, where lower-volume users often face higher charges.

Coinbase’s public pricing shows spot fees for lower-volume traders can range from about 0.40% to 0.60%. Kraken also uses a volume-based model, with entry-level fees starting near 0.25% for makers and 0.40% for takers. 

Charles Schwab also said last week that it plans to launch spot crypto trading for retail clients, starting with Bitcoin and Ether at a fee of 75 basis points per transaction.

Moreover, Binance.US said the reduced fees are backed by its trading infrastructure and recent internal controls work. The company stated that it completed a SOC 2 Type II audit covering its systems and controls before rolling out the new pricing model.

The change also follows the appointment of Stephen Gregory as chief executive. Binance.US said the broader fee cut builds on its earlier strategy of offering zero-fee trading on selected pairs, but now extends that approach to all spot markets on the platform.

Exchange remains under US scrutiny

The fee cut comes as Binance-related operations continue to face political and regulatory attention in the United States. Binance reached a $4.3 billion settlement with US authorities in 2023 over anti-money laundering and sanctions violations. Former chief executive Changpeng “CZ” Zhao also pleaded guilty to a felony charge as part of that case.

Binance.US has said it operates as a separate legal entity from Binance. A company spokesperson said Binance.US “operates independently from Binance.” Even so, pressure on the broader Binance brand has continued. 

In 2026, lawmakers asked federal agencies to review whether Binance is meeting its obligations under a court-ordered monitoring program. Binance denied claims tied to Iran-linked transactions and called the reports “false” and unsupported by evidence.

Fee cut comes as US crypto market gets more competitive

The new pricing shows Binance.US is trying to compete more directly for spot market share at a time when more firms are entering or expanding in the US crypto sector. Lower fees may help the platform appeal to cost-conscious users who trade often and want simpler pricing.

At the same time, the exchange is making that move while the wider Binance group remains under close watch in Washington. That leaves Binance.US trying to balance aggressive pricing with the need to reassure users and regulators about its operating standards.