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Binance to raise flat taker fee on P2P USDT trades by end of 2025

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Binance to raise flat taker fee on P2P USDT trades by end of 2025
Web3/Crypto
Webp changpeng zhao 12
Changpeng Zhao, Founder for Binance | X

Binance has announced an adjustment to its peer-to-peer (P2P) platform's flat taker fee on Tether (USDT) trades in selected fiat markets. The fee will increase from 0.06 to 0.08 USDT per order, with the rollout expected by the end of December 2025, according to a press release.

According to the official Binance announcement, this fee change is part of the exchange’s ongoing efforts to refine its P2P marketplace structure, which allows users to trade directly with one another. The adjustment introduces a flat fee model instead of varying costs, aiming for a more standardized experience across regions. Binance emphasized that the rollout will be gradual, starting on September 22, 2025, and concluding in December 2025, providing users time to adapt to the new structure.

The new fee applies to USDT trading pairs across more than 70 fiat markets worldwide, including major currencies such as USD, EUR, GBP, INR, BRL, and ZAR. This broad reach underscores the platform’s international footprint with regions spanning Africa, Asia, Europe, Oceania, and Latin America included in the update. By standardizing fees across these diverse markets, Binance signals its intention to maintain uniformity while accounting for local trading activity.

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In March 2024, Binance implemented a similar taker fee adjustment by setting a flat fee of 0.05 USDT per trade order in selected fiat markets. According to Binance’s support page at that time, the rollout began on March 19 and was scheduled for completion by June 2024. This provided an early precedent for phased implementations. The latest increase to 0.06–0.08 USDT per order builds on this framework and reflects Binance’s evolving strategy in P2P market operations.

According to Binance’s corporate profile, the exchange was founded in 2017 and has grown into the world’s largest cryptocurrency trading platform by volume. It offers a comprehensive range of services including spot trading, derivatives, staking, lending, institutional tools, and P2P marketplaces. By introducing updates such as this P2P adjustment, Binance continues adapting its model to sustain global operations and reinforce its position as a leader in the digital asset industry.

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