Binance.US has cut spot trading fees to nearly zero in a move that could shake up competition in the US crypto market.
Summary
Binance.US now charges 0% maker fees and 0.02% taker fees across all spot trading pairs.
The exchange removed volume tiers and subscription rules, making low fees available to every user.
The move adds pressure on Coinbase, Kraken, and Schwab as competition in crypto trading keeps rising.
The exchange said the new pricing applies to all users, no matter trading volume, account size, or subscription level.
It replaces the old tiered fee structure and expands zero-fee trading beyond a small number of Bitcoin pairs. Binance.US said the change is live now and is meant to lower costs for everyday traders.
New Pricing Raises Pressure on Rivals
The new fee model puts Binance.US below many major competitors in the US market.
The company said the pricing could reduce trading costs by as much as 98% compared with some rival platforms, where lower-volume users often pay much higher fees.
Coinbase and Kraken still use volume-based models, while Charles Schwab recently said it plans to launch spot crypto trading for retail clients with fees starting at 75 basis points per trade.
That makes Binance.US’s move look like a direct push to win more market share.
The exchange also said the lower fees are supported by its trading infrastructure and recent work on internal controls. Binance.US said it completed a SOC 2 Type II audit covering systems and controls before launching the new pricing.
The move also follows the appointment of Stephen Gregory as chief executive.
Binance.US said this builds on its earlier zero-fee strategy for selected pairs, but now extends it across all spot markets.
Competition Is Rising as Scrutiny Remains
The fee cut comes as Binance-related operations still face regulatory and political 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 CEO Changpeng Zhao also pleaded guilty as part of that case.
Binance.US has said it operates separately from Binance and continues to stress that independence.
Even so, the broader Binance brand remains under pressure, with lawmakers in 2026 asking agencies to review whether Binance is meeting obligations under a court-ordered monitoring program.
Binance has denied claims tied to Iran-linked transactions and called those reports false.
Fee Cut Signals Bigger Fight for Market Share
The bigger story is competition.
More firms are entering or expanding in US crypto, and Binance.US appears to be using aggressive pricing to pull in traders who want lower costs and simpler fees.
For active users, that could make the platform more attractive.
But the exchange is also making this move while trying to reassure users and regulators about its operating standards.
That balance between growth and trust may be just as important as the fee cut itself.
