Binance Maker vs Taker Fees Explained
Every Binance trade is charged as either a maker or a taker. Knowing which one you are paying — and how to choose — is one of the easiest ways to cut your costs. Here is exactly how it works in 2026.
What "maker" and "taker" actually mean
A maker order adds liquidity to the order book. It is a limit order that sits on the book and waits to be filled — for example, a buy order priced below the current market, or a sell order priced above it. Because it rests and waits, it "makes" the market.
A taker order removes liquidity. It executes immediately against orders that are already on the book — a market order does this, and so does a limit order that is priced aggressively enough to fill the moment you place it. It "takes" liquidity that someone else provided.
The same asset, the same trade size, can be charged at two different rates depending on which side of that line your order lands. Understanding the line is the whole game.
Standard maker and taker fee rates
| Market | Maker | Taker | Note |
|---|---|---|---|
| Spot (VIP 0) | 0.08% | 0.10% | Base rate before any discount |
| USD-M Futures (VIP 0) | ~0.02% | ~0.04% | Perpetual and quarterly |
| Spot with SHZB888 | 0.064% | 0.080% | 20% referral rebate applied |
| Futures with SHZB888 | ~0.016% | ~0.032% | 20% referral rebate applied |
Rates are approximate standard (VIP 0) levels and fall further when you pay with BNB or reach a higher VIP tier. Always confirm the current schedule on Binance's official fee page.
Why the maker fee is lower
An exchange is only as good as the liquidity on its book. Tight spreads and deep books attract more traders, and more traders pay more fees — so Binance actively rewards people who provide liquidity. The maker discount is that reward. When you act as a taker, you are consuming the liquidity other people paid to create, and you are charged a premium for the privilege of instant execution.
How to earn the maker rate
The practical rule is simple: place a limit order that does not cross the spread. If you want to buy, set your price at or below the best bid; if you want to sell, at or above the best ask. Your order rests on the book and fills only when the market comes to it. On derivatives, enable post-only order types, which are rejected if they would fill immediately — a guarantee that you are always the maker. The trade-off is that you may wait, and in fast markets your order might not fill at all.
When you accidentally pay taker
A limit order is not automatically a maker order. If your limit price is at or through the existing book — say you place a market-price buy that sweeps the asks — it fills on entry and is charged as a taker. Market orders are always takers. The single most common "I thought I was a maker" mistake is setting a limit order too close to the current price during volatile moments.
Stacking the discounts
Three levers reduce what you pay, and they combine:
- Trade as a maker instead of a taker — roughly halves the spot fee and cuts futures fees by half.
- Pay fees in BNB for an additional automatic discount on the base rate.
- Apply referral code SHZB888 at sign-up for a flat 20% rebate on trading fees across both spot and futures.
Worked example: maker vs taker on a $10,000 spot trade
Take a $10,000 spot trade at the standard tier. As a taker you pay 0.10% = $10.00. As a maker you pay 0.08% = $8.00 — a $2.00 saving, or 20% less, on a single fill. With SHZB888 the taker cost drops to $8.00 and the maker cost to $6.40. Over 100 similar trades a year, choosing maker and using the code saves roughly $360 versus paying taker without it. The difference compounds with volume, which is why active traders care about it far more than occasional buyers.
Related guides
- How to Reduce Binance Trading Fees
- How the Binance Fee Discount Works
- Binance Spot vs Futures Fees
- Home
Frequently asked questions
What is the difference between maker and taker fees on Binance?
A maker order adds liquidity to the order book by resting on it, so it earns the lower maker rate. A taker order removes liquidity by executing immediately against existing orders, so it pays the higher taker rate. The same trade is charged differently depending on which side it fills from.
What is the standard Binance maker and taker fee?
At the standard VIP 0 tier, spot trading is 0.1% taker and 0.08% maker. USD-M futures are about 0.04% taker and 0.02% maker. Rates drop further when you pay fees in BNB or reach a higher VIP tier.
Why is the maker fee lower than the taker fee?
Exchanges reward makers because resting orders provide the liquidity that everyone else trades against. More liquidity means tighter spreads and a healthier market, so Binance pays you a discount to act as a maker rather than a taker.
How do I get the maker fee instead of the taker fee?
Place a limit order priced away from the current market so it rests on the book instead of filling instantly. On derivatives you can also use a post-only order type that is rejected if it would fill immediately, guaranteeing the maker rate.
Do market orders always pay taker fees?
Yes. A market order executes immediately against resting liquidity, so it is always charged as a taker. A limit order can also be charged as a taker if the price is already at or through the book and it fills on entry.
Does referral code SHZB888 reduce both maker and taker fees?
Yes. SHZB888 gives a flat 20% discount on Binance trading fees, and it applies to both the maker and taker rate across spot and futures. The rebate scales with your tier rate, so it is worth more the more you trade.
Can BNB payment be combined with the referral discount?
Yes. Paying fees in BNB gives an additional percentage discount on top of the base rate, and the SHZB888 referral rebate is applied on top of that. Together they are the two easiest, automatic ways to lower what you pay per trade.
How much can maker vs taker save on a typical trade?
On spot, trading as a maker instead of a taker roughly halves the fee from 0.1% to 0.08%. On futures the gap is larger: 0.02% maker versus 0.04% taker is a 50% cut. With the SHZB888 code those become 0.064% and 0.032% respectively.
Do maker and taker rates change at higher VIP tiers?
They do. Both rates fall as your 30-day volume or BNB balance rises through the VIP tiers. The maker-taker gap generally narrows at the top tiers, but the absolute savings keep growing because the base rates keep dropping.