Binance vs Bitfinex — fees & conditions

Binance — Regular User tier (below VIP 1). No BNB discount applied. Spot: official trading fee page; futures: USDⓈ-M futures fee page. Withdrawal fees (2026-09-15, public capital config endpoint): BTC 0.00002 BTC on the Bitcoin network (Lightning 0.000001, BSC 0.00000029); USDT 1.5 USDT on TRC20 (cheapest: BSC 0.01). listed_coins = 492 distinct base assets with TRADING status on spot (api/v3/exchangeInfo, 2026-09-15); homepage markets "over 600 cryptocurrencies". Max leverage 125x on USDT-M perpetuals (BTCUSDT), tier-dependent; new accounts capped at 20x for 30 days. active_users_claimed updated to homepage "over 320 million registered users" (previous 250M was Jan 2025 figure). [Withdrawal fees checked 2026-10-28 via public API: BTC 0.00002 BTC on BTC (cheapest: BSC 2.8e-7); USDT 1.5 USDT on TRX (cheapest: BSC 0.01). The exchange adjusts them with network conditions.]

Bitfinex — Official Fee Schedule page (Order Execution and Derivatives Order Execution sections) shows maker and taker fees as zero for all customers; Bitfinex removed maker/taker fees on spot, margin and derivatives on 17 Dec 2025 (blog: Zero Fees Q&A). No tiering applies. LEO trading-fee discount therefore no longer applies (0). Derivatives = USDt-settled perpetual swaps, up to 100x. BTC withdrawal fee (0.00006 BTC) is from the public API endpoint pub:map:currency:tx:fee; Bank wire deposit 0.100% (min 60 USD/EUR). Live chat: help-center article "Bitfinex customer support" describes a 24/7 pop-up Live Chat on every page. listed_coins left null: features page says "Bitcoin, Ether, Solana, Tether and 250 other currencies" while pub:list:currency returns 254 symbols incl. test/derivative/fiat entries (~130 spot crypto) — no clean official figure. Proof of reserves left null: only a 2022 commitment (Antani/Ballot) is published, no periodic report found. listed_coins = 250 from the features page wording "Bitcoin, Ether, Solana, Tether and 250 other currencies" (marketing figure, not an API count). proof_of_reserves = true per the margin-lending page ("Regular proof-of-reserves") and the 2022 transparency blog post; no published PoR dashboard URL was found. USDT withdrawal fee from the official Fees page (Withdrawal fees table): USDt (Tron) FREE = 0 USDT on TRC20; USDt (ETH) 2.1479 USDt; USDt (SOL) 0.5. The public tx:fee map does not expose the base USDt entry, so this value is page-read. Withdrawal fees checked 2026-09-15; the exchange adjusts them with network conditions. [Withdrawal fees checked 2026-10-28 via public API: BTC 0.00006 BTC on BTC. The exchange adjusts them with network conditions.]