Binance.US, the American affiliate of global crypto exchange Binance, has reduced fees on more than 20 trading pairs, including Ethereum, Solana, BNB, and Cardano, as its trading volumes have all but dried up.
The exchange said it will now offer 0% maker fees and 0.01% taker fees on the pairs, with no subscription or volume requirements. Maker fees apply to orders that add liquidity by resting on the order book, while taker fees apply to orders that remove liquidity by filling immediately against existing orders.
Binance.US has also added more than 20 pairs to its “Tier 0” pricing model. All Tier 0 pairs — including BTC/USD, which replaces BTC/USDC — will now carry a 0.01% taker fee while keeping 0% maker fees.
The Tier 0 pricing model was first introduced in 2022 with bitcoin pairs, briefly drawing significant trading activity at the time.
But since June 2023, when the U.S. Securities and Exchange Commission sued Binance and related entities, Binance.US’s volumes have collapsed. Its share of U.S. dollar–supporting exchange volume has fallen to about 0.20% as of August, down from around 10% previously. Although the SEC dropped its case against Binance and related entities in May, activity on Binance.US has remained negligible, according to The Block’s Data Dashboard.
Chris Blodgett, chief operating officer at Binance.US, declined to comment on why volumes remain low but said, “We look forward to continuing our mission of building the best and safest digital asset trading experience in the U.S. with high liquidity and tight spreads for even better price discovery and the best possible value.”
The latest fee cuts mark another attempt by Binance.US to regain share in a U.S. market dominated by Coinbase and Kraken.
Earlier this year, Binance.US restored U.S. dollar deposits and withdrawals for the first time in almost two years. Dollar rails had been suspended in June 2023, days after the SEC sued Binance, Binance.US, and co-founder Changpeng Zhao for securities violations. That left Binance.US operating as a crypto-only platform, sending its market share into a nosedive. Later that year, Binance and Zhao pled guilty to Bank Secrecy Act violations and agreed to pay more than $4 billion to resolve a Justice Department probe.
In May of this year, the SEC moved to dismiss its case against Binance as the agency charted a new regulatory course under the President Donald Trump administration. Several other high-profile cases — against Coinbase, Uniswap, and OpenSea — have also been dropped in recent months.
By lowering fees again, Binance.US is seeking to regain its standing as the lowest-cost venue in the country. Whether fee reductions alone can revive trading remains to be seen.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
