Binance vs Koinbay: fees compared

Every fee that costs you money on Binance and Koinbay, side by side — trading fees at each VIP tier, withdrawal fees coin by coin, deposits and fiat. Sourced from each exchange’s own fee pages.

BinanceRank #1 · founded 2017

0.1%spot taker0.05%futures taker866coins to withdraw$80.61Bvolume 24h

Trade on Binance ↗Referral

KoinbayRank #85 · founded 2023

0.6%spot taker0.05–0.075%futures taker253coins to withdraw$6.25Bvolume 24h

Trade on Koinbay ↗

The short answer

7Binancecategories won4 tied0Koinbay

Binance charges 0.1% on spot taker orders versus 0.6% on Koinbay.
Futures taker fees are identical at 0.05%.
Withdrawal fees are evenly matched: each is cheaper on about 12 of the 25 coins both exchanges list.
Binance publishes the deeper VIP ladder (10 tiers), so high-volume traders can push fees lower there.

Head-to-head

Fee	Binance	Koinbay
Trading fees
Spot maker	0.1%cheaper	0.3%
Spot taker	0.1%cheaper	0.6%
Futures maker	0.02%	0.02–0.025%
Futures taker	0.05%	0.05–0.075%
Lowest spot taker (top VIP tier)	0.023%cheaperVIP 9	0.6%Regular
Fee tiers published	10moreSpot trading	1Spot trading
Fee discount with exchange token	−25% paying fees in BNB	—
Withdrawals & deposits
Coins you can withdraw	866moresynced 2026-08-29 00:53 UTC	253synced 2026-08-29 00:53 UTC
Median withdrawal fee (coins on both)	$0.02131cheaperacross 25 coins	$0.06204across 25 coins
Cheaper withdrawal on…	12 coins1 tied	12 coins1 tied
Crypto deposit fee	Free	Free
Exchange profile
Volume 24h (spot + derivatives)	$80.61BmoreOI $32.03B	$6.25B
Markets	Spot, Derivativesfounded 2017	Spot, Derivativesfounded 2023
Fiat currencies	11 currenciesEUR, GBP, BRL, AUD, UAH, RUB…	—

“Cheaper” marks the better number on that row only. A dash means we have not verified that fee for the exchange yet — it is not a claim that the fee is zero.

What would you actually pay?

30-day trading volume$1MMaker share of that volume50% maker

Withdrawals per month

BinanceCheaper

$950.08/ month

Trading (VIP 1 · 0.09% / 0.1%): $950.00
Withdrawals (4× BTC · BNB Smart Chain (BEP20) · $0.02107 each): $0.08

Koinbay

$4,705.35/ month

Trading (Regular · 0.3% / 0.6%): $4,500.00
Withdrawals (4× BTC · Bitcoin · $51.34 each): $205.35

At $1M of monthly spot volume (50% maker) plus 4 BTC withdrawals, Binance costs $3,755.26 less per month — $45,063.18 a year.

Taker fee as 30-day volume grows Binance Koinbay

Estimate only: it applies each exchange’s published VIP ladder for the market you picked, ignores token-payment discounts, referral rebates and promotional zero-fee pairs, and assumes every withdrawal uses the cheapest network above. Negative fees are maker rebates.

Spot fee tiers side by side

BinanceSpot trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0.1%	0.1%
VIP 1	$1.00M	0.09%	0.1%
VIP 2	$5.00M	0.08%	0.1%
VIP 3	$20.00M	0.04%	0.06%
VIP 4	$75.00M	0.04%	0.052%
VIP 5	$150.00M	0.025%	0.031%
VIP 6	$400.00M	0.02%	0.029%
VIP 7	$800.00M	0.019%	0.028%
VIP 8	$2.00B	0.016%	0.025%
VIP 9	$4.00B	0.011%	0.023%

Source: Binance fee schedule ↗ · verified 2026-08-28

KoinbaySpot trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0.3%	0.6%

Source: Koinbay fee schedule ↗ · verified 2026-08-28

Futures fee tiers side by side

BinanceFutures trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0.02%	0.05%
VIP 1	$5.00M	0.018%	0.05%
VIP 2	$10.00M	0.016%	0.04%
VIP 3	$50.00M	0.012%	0.032%
VIP 4	$600.00M	0.01%	0.03%
VIP 5	$1.00B	0.008%	0.027%
VIP 6	$2.50B	0.006%	0.025%
VIP 7	$5.00B	0.004%	0.022%
VIP 8	$12.50B	0.002%	0.02%
VIP 9	$25.00B	0%	0.017%

Source: Binance fee schedule ↗ · verified 2026-08-28

KoinbayFutures trading — Perpetual

Tier	30d volume ≥	Maker	Taker
Regular	—	0.02–0.025%	0.05–0.075%

Source: Koinbay fee schedule ↗ · verified 2026-08-28

Withdrawal fees, coin by coin25 coins on both

Cheaper on more coinsEven12 vs 12 of 25

Median fee · Binance$0.02131on the shared basket

Median fee · Koinbay$0.06204on the shared basket

Coins only on one side559555 Binance · 4 Koinbay

Coin	Binance	Koinbay	Cheaper
BTCBitcoin	0.0₆2700 BTC$0.02107 · BNB Smart Chain (BEP20) +3	0.0006580 BTC$51.34 · Bitcoin	Binancesaves $51.32
ETHEthereum	0.0₅8500 ETH$0.02131 · BNB Smart Chain (BEP20) +8	0.0₅3000 ETH$0.007520 · Base +3	Koinbaysaves $0.01379
USDTTether USDt	0.01000 USDT$0.009991 · BNB Smart Chain (BEP20) +18	0.005450 USDT$0.005445 · BNB Smart Chain (BEP20) +5	Koinbaysaves $0.004546
BNBBNB	0.0₄1000 BNB$0.007491 · BNB Smart Chain (BEP20) +1	0.0₄1000 BNB$0.007491 · BNB Smart Chain (BEP20)	same
XRPXRP	0.01500 XRP$0.01984 · BNB Smart Chain (BEP20) +2	0.0₄3000 XRP$0.0₄3969 · XRP Ledger	Koinbaysaves $0.01981
USDCUSDC	Free$0.00 · BNB Smart Chain (BEP20) +21	0.002750 USDC$0.002751 · Base +4	Binancesaves $0.002751
TRXTRON	1.5 TRX$0.5066 · Tron (TRC20)	8.25 TRX$2.79 · Tron (TRC20)	Binancesaves $2.28
DOGEDogecoin	0.2400 DOGE$0.02045 · BNB Smart Chain (BEP20) +1	25 DOGE$2.13 · Dogecoin	Binancesaves $2.11
LINKChainlink	0.001800 LINK$0.02126 · BNB Smart Chain (BEP20) +1	0.03526 LINK$0.4165 · Ethereum (ERC20)	Binancesaves $0.3953
ADACardano	0.1000 ADA$0.02140 · BNB Smart Chain (BEP20) +1	38.96 ADA$8.34 · Cardano	Binancesaves $8.32
BCHBitcoin Cash	0.0₄7900 BCH$0.01960 · BNB Smart Chain (BEP20) +1	0.0002500 BCH$0.06204 · Bitcoin Cash	Binancesaves $0.04244
LTCLitecoin	0.0001000 LTC$0.005512 · Litecoin +1	0.002500 LTC$0.1378 · Litecoin	Binancesaves $0.1323
SUISui	0.02700 SUI$0.02134 · BNB Smart Chain (BEP20) +1	0.01377 SUI$0.01088 · Sui	Koinbaysaves $0.01046
AAVEAave	0.0001700 AAVE$0.02293 · BNB Smart Chain (BEP20) +1	0.003298 AAVE$0.4449 · Ethereum (ERC20)	Binancesaves $0.4219
ASTERAster	0.03000 ASTER$0.02242 · BNB Smart Chain (BEP20)	0.007823 ASTER$0.005845 · BNB	Koinbaysaves $0.01657
DOTPolkadot	0.02400 DOT$0.02704 · BNB Smart Chain (BEP20) +1	0.008613 DOT$0.009705 · Polkadot	Koinbaysaves $0.01734
WLFIWorld Liberty Financial	0.3500 WLFI$0.02027 · BNB Smart Chain (BEP20) +2	6.9771 WLFI$0.4040 · Ethereum (ERC20)	Binancesaves $0.3838
PEPEPepe	194,172 PEPE$0.7173 · Ethereum (ERC20)	109,288.8 PEPE$0.4037 · Ethereum (ERC20)	Koinbaysaves $0.3136
ATOMCosmos	0.01400 ATOM$0.02295 · BNB Smart Chain (BEP20) +1	0.002500 ATOM$0.004098 · Cosmos Hub	Koinbaysaves $0.01885
CAKEPancakeSwap	0.01200 CAKE$0.02969 · BNB Smart Chain (BEP20) +2	0.003175 CAKE$0.007856 · BNB Smart Chain (BEP20)	Koinbaysaves $0.02183
ALGOAlgorand	0.008000 ALGO$0.0007604 · Algorand	0.007500 ALGO$0.0007129 · Algorand	Koinbaysaves $0.0₄4752
QNTQuant	0.01200 QNT$0.7514 · Ethereum (ERC20)	0.006600 QNT$0.4133 · Ethereum (ERC20)	Koinbaysaves $0.3381
XTZTezos	0.09200 XTZ$0.02474 · BNB Smart Chain (BEP20) +1	0.09104 XTZ$0.02448 · Tezos	Koinbaysaves $0.0002573
XPLPlasma	0.0001000 XPL$0.0₅8806 · Plasma +1	25.64 XPL$2.26 · BNB	Binancesaves $2.26
1INCH1inch	0.2300 1INCH$0.02179 · BNB Smart Chain (BEP20) +1	4.5775 1INCH$0.4336 · Ethereum (ERC20)	Binancesaves $0.4118

Showing 1–25 of 25 coins

Deposit, fiat, card and other fees

Fee	Binance	Koinbay
Crypto deposit fee	Free	Free
Card spending/conversion feeGlobal — Colombia/Peru/CIS/Armenia · Card FX	Free	—
Card spending/conversion feeGlobal — New Zealand · Card FX	3%	—
Card spending/conversion feeGlobal — rest of available countries · Card FX	2%	—
Card spending/conversion feeGlobal · Card annual	0 USD	—
Card spending/conversion feeGlobal · Card crypto conversion	0.9%	—
Card spending/conversion feeGlobal · Card crypto conversion USDC	0.1%	—
Card spending/conversion feeGlobal · Card issuance	0 USD	—
Fiat deposit feeEUR · Sepa bank transfer	1 EUR	—
Fiat withdrawal feeEUR · Sepa bank transfer	1 EUR	—
P2P maker feeP2P zone	0–0.35%	—
P2P taker feeP2P zone	Free	—

Binance vs Koinbay — FAQ

Is Binance or Koinbay cheaper?

Binance charges 0.1% on spot taker orders versus 0.6% on Koinbay. Futures taker fees are identical at 0.05%. Withdrawal fees are evenly matched: each is cheaper on about 12 of the 25 coins both exchanges list. Binance publishes the deeper VIP ladder (10 tiers), so high-volume traders can push fees lower there.

Which has lower trading fees, Binance or Koinbay?

Binance charges 0.1% taker / 0.1% maker on spot and 0.05% taker on futures at the entry tier. Koinbay charges 0.6% taker / 0.3% maker on spot and 0.05–0.075% taker on futures. Across the metrics we compare, Binance wins more of them. Both drop as your 30-day volume grows — use the calculator above to price your own volume.

Which is cheaper for withdrawals, Binance or Koinbay?

Of the 25 coins both exchanges let you withdraw, Binance is cheaper on 12, Koinbay on 12, and 1 are identical. The median withdrawal fee on that shared basket is $0.02131 on Binance versus $0.06204 on Koinbay.

How can I pay lower fees on Binance or Koinbay?

Binance: −25% paying fees in BNB. Both exchanges also cut maker/taker rates as your 30-day volume rises — Binance publishes 10 tiers and Koinbay publishes 1 tier. Choosing the cheapest withdrawal network matters just as much: on many coins the gap between networks is larger than the gap between exchanges.

Are these Binance and Koinbay fees up to date?

Trading fees are hand-curated from each exchange's official fee schedule and carry the date we last verified them (2026-08-28 for Binance, 2026-08-28 for Koinbay). Withdrawal fees are synced from each exchange's own API or fee page (last sync 2026-08-29 00:53 UTC for Binance, 2026-08-29 00:53 UTC for Koinbay). USD amounts are recomputed at the live coin price.

Other comparisons

Binance vs Hyperliquid Binance vs OKX Binance vs Bybit Binance vs Bitget Binance vs Aster Binance vs Gate Binance vs KuCoin Binance vs MEXC Binance vs Lighter Binance vs HTX

Koinbay vs Hyperliquid Koinbay vs OKX Koinbay vs Bybit Koinbay vs Bitget Koinbay vs Aster Koinbay vs Gate Koinbay vs KuCoin Koinbay vs MEXC Koinbay vs Lighter Koinbay vs HTX

Trading and other fee numbers are hand-curated from each exchange’s official fee pages (linked next to every tier table) and carry the date we last verified them. Withdrawal fees are synced from each exchange’s own API or fee page; USD amounts are computed at the current live coin price, so they move with the market. Rates exclude referral rebates, promotional zero-fee pairs and regional pricing. Full detail per exchange: Binance fees · Koinbay fees.