Binance.US Cuts Fees On 20+ Pairs As Volume Dries Up After 2023 Legal Shock

,The exchange now charges 0% maker fees on the covered pairs and suspended U.S. dollar rails, which kept deposits and withdrawals offline after the initial SEC action,

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Meghna Chowdhury
Meghna Chowdhury
Meghna is a Journalism graduate with specialisation in Print Journalism. She is currently pursuing a Master's Degree in journalism and mass communication. With over 3.5 years of experience in the Web3 and cryptocurrency space, she is working as a Senior Crypto Journalist for UnoCrypto. She is dedicated to delivering quality journalism and informative insights in her field. Apart from business and finance articles, horror is her favourite genre.

Binance.US has cut trading fees on more than 20 pairs, including Ethereum, Solana, BNB and Cardano, offering 0% maker fees and 0.01% taker fees as it tries to counter a collapse in trading activity that began after the SEC sued Binance in June 2023. 

The move applies across major pairs and to a newly expanded Tier 0 list, and comes as the platform seeks to reclaim market share in the U.S.

Fee changes

The exchange now charges 0% maker fees on the covered pairs. Taker fees on those pairs are set at 0.01%. There are no subscription or minimum volume requirements tied to the cut. 

Maker fees apply when orders add liquidity to the order book. Taker fees apply when orders fill immediately and remove liquidity.

Tier 0 pricing update

Binance.US also moved over 20 pairs into its Tier 0 pricing band. All Tier 0 pairs will carry a 0.01% taker fee while keeping 0% maker fees. 

The Tier 0 model was first used in 2022 for bitcoin pairs and briefly drew more trading than. Now the exchange has included BTC/USD as a Tier 0 pair, replacing BTC/USDC in that slot.

Why the cuts come now?

Trading volumes on Binance.US fell sharply after the SEC filed suit in June 2023. The platform’s share of U.S. dollar supporting exchange volume dropped from about 10% to roughly 0.20% by August, according to data cited in the filing. 

Even though the SEC moved to dismiss its case in May, activity on the U.S. arm has stayed low.

Also Read: Binance.US Lists Solana Based Memecoin BONK, Price Jumps More Than 30%

Legal and operational backdrop

After the initial SEC action, Binance.US suspended U.S. dollar rails, which kept deposits and withdrawals offline for almost two years. 

The parent company and co-founder Changpeng Zhao later pleaded guilty to Bank Secrecy Act violations and agreed to pay more than $4 billion to resolve a Justice Department probe.

Binance.US restored dollar deposits and withdrawals earlier this year, but trading has not bounced back.

Company response

Chris Blodgett, chief operating officer at Binance.US, declined to explain why volumes remain weak. He said the firm aims to build a safe trading experience in the U.S. with high liquidity and tight spreads. 

The fee cuts are the latest step to try to win traders back by offering the lowest costs in the market.

Wider market and legal moves

The SEC has dropped or moved to dismiss several high-profile crypto cases this year, changing the regulatory landscape. 

Separately, in April 2025, Unocrypto reported that the SEC and Binance asked for an additional 60-day pause in their legal proceedings after what both sides described as productive talks. Those talks included the SEC’s new cryptocurrency task force.

Can lower fees revive trading?

Cutting fees to near zero can attract cost-sensitive traders. But fee cuts work best when there is trust and clear on-ramps for cash. 

Binance.US has faced both reputational and operational hurdles since 2023, and restoring U.S. dollar rails was a step forward, but market share had already slipped dramatically. Whether cheaper trading alone will bring former users back is unclear.

What this means for users?

For active traders, lower charges can improve spreads and reduce costs. For passive investors, the change may not alter long-term choices. 

Users should also watch for network liquidity and order book depth, and low fees help only if there are enough buyers and sellers on the other side of the market.

Binance.US’s new pricing push shows how exchanges try to use fees as a lever when trading fades. The cuts may make the platform cheaper to use, but the bigger challenge is rebuilding confidence and volume after the legal and operational disruptions since 2023.

Also Read: Binance CEO Richard Teng Outlines Compliance & Investment Needs Amid Seeking Approval To Operate In South Korea

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