PANews reported on April 22 that, according to The Block , Binance.US announced it will reduce order placement fees to 0 and taker fees to 0.02% for all spot trading pairs, aiming to attract users in the US market with "near-zero fees." In comparison, the global Binance standard order placement / taker fee is 0.10% , and Coinbase charges 0.6% and 0.4% respectively for retail orders under $ 10,000 . Previously, Binance.US only offered 0 or low fees for select BTC and 20 major trading pairs. Data from CoinGecko shows that Binance.US's trading volume in the past 24 hours was approximately $ 14.8 million, far lower than Binance 's approximately $ 10.7 billion globally and Coinbase 's approximately $ 1.9 billion. The platform suspended USD deposits and withdrawals in 2023 due to a lawsuit filed by the SEC , but resumed after the SEC withdrew the lawsuit.