
Binance Fee Calculator
Calculate your savings when trading on Binance using BNB for fee discounts. Standard fee is 0.10% per trade, 0.075% with BNB (25% discount).
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Key Takeaways
- There is no verifiable "Shibance" exchange in 2025 - the name is likely a typo for Binance.
- Binance remains the world’s biggest crypto platform with sub‑$0.10 spot fees and over 1,400 trading pairs.
- Security is backed by an SAFU insurance fund and MPC‑wallet technology.
- Regulatory friction limits Binance’s full services in the U.S., where Coinbase is the main alternative.
- Getting started on Binance takes about 30‑60 minutes for full verification.
When you type Shibance into a search bar, the results are a mix of broken links, meme posts and a handful of articles that actually talk about Binance’s SHIB trading. In short, "Shibance" isn’t a real exchange - it’s a misspelling that keeps popping up because Binance lists the Shiba Inu (SHIB) token and people sometimes mash the two names together.
Shibance is a supposed cryptocurrency exchange that appears in online searches but has no verifiable presence as of 2025. Since the platform doesn’t exist, the only useful review you can get is of Binance, the service most users meant to reference.
What Binance Actually Is
Binance is a global cryptocurrency exchange founded in 2017 that services over 150million users worldwide. The platform supports 413+coins, 1,492+trading pairs, and offers everything from spot trading to 125x leveraged futures. Its matching engine can process 1.4million orders per second with sub‑5ms latency, which explains why the order book stays deep even during market spikes.
Why the Confusion With Shiba Inu Happens
Binance lists the meme‑token Shiba Inu (SHIB) among its 350+listed assets. In a March2025 CoinGecko report, SHIB accounted for 4.7% of Binance’s total spot volume. Users searching for "Shibance" often want to know how to trade SHIB, so they end up on pages that mistakenly call the exchange "Shibance". The mix‑up is reinforced by the similarity between the words "Binance" and "Shibance".

Fee Structure - Spot, BNB Discounts, and VIP Tiers
Standard spot fees on Binance sit at 0.10% per trade. If you pay those fees with Binance’s native token BNB, the rate drops to 0.075% (a 25% discount). BNB is a utility token used for fee reductions, token sales, and as gas on the Binance Smart Chain. For high‑volume traders, the VIP program cuts fees even further - VIP9 users pay just 0.018% on taker orders.
Security Features You Can Trust
Binance employs Multi‑Party Computation (MPC) wallets, which split private keys among several nodes, making a single‑point hack virtually impossible. Multi‑Party Computation Wallet is a cryptographic technology that distributes key fragments across multiple servers for enhanced security. The platform also offers 2FA, real‑time transaction monitoring, and the Secure Asset Fund for Users (SAFU) - a $1billion insurance pool that covered the 2019 loss of 7,000BTC within 72hours.
Regulatory Landscape - Why U.S. Users May Prefer Coinbase
Binance operates in the U.S. through Binance.US, which offers a trimmed‑down product set due to strict regulations. In contrast, Coinbase is a NYDFS‑licensed exchange that provides full‑service trading, fiat on‑ramps, and a more transparent compliance framework. This regulatory split is a major reason why U.S. traders often compare Binance and Coinbase before choosing a platform.
How to Get Started on Binance - Step‑by‑Step
- Visit the official Binance website and click “Register”.
- Enter your email or phone number, create a strong password, and confirm the verification code.
- Complete Level1 KYC (email/phone) - usually under 10minutes.
- Upload a government‑issued ID for Level2 - the review averages 24hours.
- Provide a utility bill or bank statement for Level3 - adds about 48hours.
- Enable Google Authenticator or SMS 2FA for extra protection.
- Deposit fiat via a supported method (credit card, bank transfer, or USDC) and start trading.
The whole onboarding journey typically takes 30‑60minutes if you have all documents ready.

Binance vs. Coinbase - Quick Comparison
Feature | Binance | Coinbase |
---|---|---|
Spot fee (standard) | 0.10% (0.075% with BNB) | 0.50% - 0.60% |
Number of listed coins | 413+ | 250+ |
Leverage futures | Up to 125x | Up to 10x (US only) |
Regulatory status in US | Binance.US - limited features | Full‑service, NYDFS‑licensed |
Security fund | SAFU ($1Billion) | Insurance-backed FDIC coverage for fiat balances |
Pros and Cons of Using Binance
- Pros
- Lowest fees when using BNB.
- Massive liquidity - tight spreads even on low‑cap tokens.
- Broad product suite: spot, margin, futures, savings, staking.
- Robust security (MPC, 2FA, SAFU).
- Cons
- Regulatory uncertainty in several jurisdictions, especially the U.S.
- Customer support can be slow for non‑VIP users (average 72hours).
- Verification delays - up to 48hours for full KYC.
- Complex UI for beginners; steep learning curve for advanced tools.
Bottom Line - Should You Trade on Binance?
If you’re looking for the deepest markets, the cheapest fees (especially with BNB), and a platform that can handle high‑frequency trading, Binance remains the top pick. However, if you need a fully regulated environment, you may feel safer on Coinbase or another licensed U.S. exchange. Always weigh your own risk tolerance against the regulatory profile of the exchange you choose.
Frequently Asked Questions
Is Shibance a real crypto exchange?
No. As of 2025 there is no verifiable platform named Shibance. The name appears to be a typo for Binance, which does list the Shiba Inu (SHIB) token.
Can I trade SHIB on Binance?
Yes. Binance offers SHIB on its spot market and on several leveraged futures contracts. It consistently ranks among the highest‑volume SHIB venues.
How much does Binance charge for spot trades?
The standard maker/taker fee is 0.10% per trade. Paying fees with BNB reduces it to 0.075%.
Is Binance safe for my funds?
Binance uses MPC wallets, 2FA, real‑time monitoring, and the SAFU fund to protect users. While no platform is 100% risk‑free, its security architecture is among the strongest in the industry.
What are the main differences between Binance and Coinbase?
Binance offers lower fees, more coins, and high‑leverage futures but faces regulatory limits in the U.S. Coinbase provides a fully licensed U.S. service, higher fees, and a simpler UI, making it appealing to users who prioritize compliance.
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October 14, 2025 AT 09:07Using BNB for fee discounts on Binance can shave off a noticeable chunk of your trading costs. The standard 0.10% fee drops to 0.075% when you enable the BNB discount, which adds up quickly with larger volumes.
Make sure you have enough BNB in your wallet to cover the fee, otherwise the system will revert to the higher rate.