Binance.US has enhanced its fee structure for Ether (ETH) and ERC-20 token withdrawals, transitioning to a dynamic pricing model that adjusts fees based on real-time Ethereum network conditions. This update ensures customers benefit from competitive rates during periods of lower network congestion.
Key Features of Dynamic Withdrawal Fees
- Real-Time Fee Estimation: Fees now reflect current Ethereum gas prices, allowing users to optimize withdrawal timing.
- Cost Efficiency: Withdraw during off-peak hours to minimize fees.
- Phased Rollout: Gradually implemented across 48+ ERC-20 tokens (see full list below).
Supported ERC-20 Tokens
| Phase | Date | Tokens Included |
|-------------|--------------|-----------------|
| Phase 1 | Jan 5, 2022 | KNCL, REP, KNC, 1INCH, CTSI, MKR, ZRX, OMG, STORJ |
| Phase 2 | Jan 10, 2022 | OXT, COMP, GRT, BAT, ANKR, AAVE, AXS, UNI, FTM, YFI, DAI |
| Phase 3 | Jan 17, 2022 | SUSHI, AMP, CRV, ENJ, BUSD, LINK, BNB, SHIB, USDC, MATIC, USDT, ETH |
👉 Learn how to reduce ETH withdrawal fees
How to Withdraw Crypto from Binance.US
- Log in to your Binance.US account.
- Navigate to Wallet > Withdraw.
- Select the token (e.g., ETH or ERC-20).
- Enter the amount and destination address.
- Confirm the dynamic fee and complete the transaction.
Pro Tip: Monitor Etherscan’s gas tracker to identify low-fee windows.
FAQs
1. Why did Binance.US switch to dynamic fees?
Dynamic fees align costs with actual Ethereum network demand, preventing overpayment during low-activity periods.
2. Are all ERC-20 tokens included?
Yes, the update covers all supported ERC-20 tokens on Binance.US.
3. How often do fees update?
Fees adjust in near real-time, typically every 1–5 minutes based on blockchain traffic.
👉 Discover more crypto trading strategies
Risk Disclosure
Cryptocurrency investments involve volatility and risk. Binance.US does not guarantee profits or endorse specific assets. Always conduct independent research and review our Terms of Use.
Binance.US may modify this policy without prior notice.
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