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Binance P2P to Update Fees Scheme

Binance P2P to Update Fees Scheme

2021-06-28 11:41

Note: Binance P2P has implemented a fee for Takers since September 2023. Please take note of the transaction fees when completing P2P transactions.

Related announcements:

Fellow Binancians, 

Binance P2P, the peer-to-peer marketplace for buying and selling cryptocurrencies with fiat money, will apply a new fees scheme effective from 2021-07-01 02:00 AM (UTC). 

With the new fees scheme, Binance P2P will maintain 0 fees for takers who buy or sell cryptocurrencies by placing an order from existing advertisements on the P2P platform, while charging transaction fees to makers who post trade advertisements. The fee rates range from 0% to 0.35%, depending on fiat markets and trading pairs. 

Refer to detailed fee rates here. 

P2P Merchants Promo
Binance is launching a P2P merchants promo, where all Binance P2P merchants will enjoy a 20% discount on trading fees until further notice. 

Read more: 

Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from a completed payment. Neither Binance P2P platform nor merchants shall be responsible for your loss in a completed payment. 
Thanks for your support! 

Binance team 


 Note: This announcement was updated on 2024-05-16 to include clarifications on P2P taker fees.