Binance.US slashes spot trading fees to near-zero levels in aggressive move against competitors
In a competitive strike, the platform has eliminated maker fees entirely while setting taker fees at just 0.02% for all trading pairs, making near-zero costs available universally without volume requirements or subscription plans.
In a bold competitive maneuver, Binance.US has slashed its spot trading fees to virtually nothing, establishing maker fees at 0% and taker fees at 0.02% for every trading pair on the platform. This near-zero fee structure has been made available to the entire user base without imposing any volume thresholds or requiring paid subscriptions.
This fresh pricing model eliminates the exchange's previous volume-based tiered fee system and is now in effect for every account holder. The platform emphasized that this strategic adjustment has the potential to slash trading expenses by up to 98% when compared with major competitors like Coinbase.
By comparison, Coinbase imposes fees that typically range from about 0.40% to 0.60% for users trading at lower volumes, while Kraken's fee structure begins at approximately 0.25% to 0.40% and decreases as trading volume increases, based on data published on these platforms' official websites.
In a related development last week, Charles Schwab, recognized as one of America's largest brokerage firms, announced plans to launch spot cryptocurrency trading services for its retail customer base in the upcoming weeks. The service will initially support Bitcoin (BTC) and Ether (ETH) trading at a cost of 75 basis points for each transaction.
Based on an official announcement provided to Cointelegraph, Binance.US's revised fee structure is now accessible to all users regardless of portfolio size, trading volume, or membership tier, and has been implemented with immediate effect.
This pricing overhaul comes on the heels of Stephen Gregory's appointment to the role of chief executive and represents a significant expansion of the exchange's previous zero-fee initiative, which had been limited to specific Bitcoin trading pairs, now encompassing all spot trading markets.
According to the platform, the newly implemented fee structure is made viable through its robust trading infrastructure and comes after successfully completing a SOC 2 Type II audit that examined its operational systems and internal controls.
As the US-regulated division of Binance, Binance.US operates under American regulatory oversight while its parent company maintains its position as the world's largest cryptocurrency exchange measured by trading volume.
In other company news, Binance initiated the integration of prediction market capabilities into its primary application earlier this month by partnering with third-party platforms. Beginning with Predict.fun, the service provides "gasless" trading by absorbing transaction and settlement fees on BNB Smart Chain.
Binance under renewed US scrutiny over Iran-linked transactions
The United States operations of Binance have continued to face intensive regulatory oversight and political examination following the company's 2023 resolution with American authorities.
During 2023, the cryptocurrency exchange agreed to a $4.3 billion settlement with United States authorities concerning violations of anti-money laundering protocols and sanctions compliance. Former CEO Changpeng "CZ" Zhao entered a guilty plea to a felony charge as part of the resolution. The settlement terms also subjected the company to a court-mandated monitoring program that necessitates continuous oversight and regular reporting to US regulatory agencies.
The scrutiny grew more intense in March 2025 when a United Arab Emirates-based entity made a $2 billion investment in Binance utilizing a stablecoin that was issued by a company with connections to US President Donald Trump and members of his family. This transaction prompted conflict-of-interest questions from members of Congress. Subsequently that year, Trump granted a pardon to Zhao after he had completed a four-month prison term.
The regulatory examination has persisted into 2026. This past February, a coalition of United States senators called upon officials at the Treasury and Justice Departments to undertake a thorough review of Binance's compliance infrastructure. This request followed media reports suggesting that transaction volumes exceeding $1.7 billion potentially connected to Iranian entities may have been processed through the exchange.
In response, Binance rejected the accusations in a formal letter addressed to Senators Richard Blumenthal and Ron Johnson, characterizing the reports as "false" and lacking evidentiary support. The company further disclosed that it had initiated a defamation lawsuit against The Wall Street Journal.
In the most recent development, Blumenthal has sent correspondence to both the Justice Department and the Financial Crimes Enforcement Network seeking clarification on whether Binance is fulfilling its obligations under the court-imposed monitoring program established in the 2023 settlement.