Binance.US Cuts Fees on 20+ Trading Pairs Amid Declining Market Activity

According to an official X post, Binance.US set 0% maker and 0.01% taker fees on 20+ pairs as its U.S. market share falls to 0.20%, signaling an aggressive bid to revive activity.

BTC

ETH

USDT

216d ago

Fact Check

Evidence from the news source 'The Block' explicitly states that Binance.US has recently 'reduced fees on more than 20 trading pairs' and provides the context that this is occurring while 'trading volumes remain abysmal.' This directly confirms both parts of the statement.

Summary

Binance.US announced 0% maker and 0.01% taker fees on more than 20 trading pairs, including ETH, SOL, BNB, and ADA, with no subscription or volume requirements, per an official X post. Despite the cuts, its U.S. market share is about 0.20%, down from around 10%, with daily volume at $15.5 million versus Coinbase’s $2.9 billion and Kraken’s $1.3 billion (CoinGecko). The exchange previously introduced zero-fee BTC trading in June 2022 and expanded to ETH in December 2022. Following the SEC’s 13-charge lawsuit in June 2023, Binance.US saw $1.43 billion in 24-hour net outflows, lost banking access, suspended USD deposits, and operated crypto-only for 19 months until ACH fiat services returned in February 2025. The SEC later dismissed the case with prejudice in May 2025; activity remains subdued as Binance.US expands its “Tier 0” pricing with 0% maker and 0.01% taker fees on all included pairs.

Terms & Concepts

Maker Fees: Fees for orders that add liquidity to the order book; typically lower than taker fees. Binance.US set these at 0% for select pairs.
Taker Fees: Fees for orders that remove liquidity from the order book. Binance.US set these at 0.01% for select pairs.
Tier 0 Pricing: Binance.US’s fee tier offering 0% maker and reduced taker fees on selected pairs to encourage liquidity and participation.