Binance.US cuts fees to 0.01% amid volume slump
Binance.US lowered fees on Ethereum, Solana, BNB and other pairs to 0.01%. The exchange seeks to restore trading volumes after its US market share fell from 10% to 0.2%.
US crypto exchange Binance.US has reduced fees on more than 20 trading pairs, including Ethereum (ETH), Solana (SOL), BNB and Cardano (ADA), The Block reported. These markets now feature 0% maker fees and 0.01% taker fees, with no trading volume requirements or subscription tiers.
The changes also affected the so-called Tier 0 model, first introduced in 2022 for bitcoin pairs. It has now been expanded to include new assets, replacing BTC/USDC with BTC/USD.
The move comes amid extremely low activity. According to The Block, Binance.US’s share of total dollar-based trading volume in the US dropped to 0.2% in August, down from around 10% previously. Even though the SEC withdrew its lawsuit against Binance and related entities in May, trading activity has not recovered.
For nearly two years, Binance.US operated without dollar deposits or withdrawals following the SEC lawsuit in June 2023. Fiat rails were only restored in 2025. During that time, clients flocked to competitors, primarily Coinbase and Kraken, which now dominate the US market.
For nearly two years, Binance.US operated without dollar deposits or withdrawals following the SEC lawsuit in June 2023. Fiat rails were only restored in 2025. During that time, clients flocked to competitors, primarily Coinbase and Kraken, which now dominate the US market.
The fee cut is seen as an attempt to lure traders back through price competition. However, experts doubt this alone will be enough: amid a trust crisis and the dominance of rivals, Binance.US faces a far tougher challenge in rebuilding its reputation.
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