What are the fees for buying crypto on Binance?

The fees for buying cryptocurrencies on Binance can vary based on several factors such as the method of payment, type of transaction, and user's trade volume. Typically, spot trading fees range from 0.1% for both maker and taker trades, with potential discounts for users holding Binance Coin (BNB) or those with higher monthly trade volumes. For instant buy/sell transactions using credit or debit cards, the fee may be higher, at around 1% to 2%. Additionally, Binance offers a tiered fee structure that provides lower fees for users with higher 30-day trading volumes or larger BNB balances. It's always recommended to review Binance's latest fee schedule directly on their website or within their app, as fee structures may change over time due to market conditions or updates in company policy.