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Are there any additional fees for using Binance U.S. to buy and sell digital currencies?

avatarGeloDec 17, 2021 · 3 years ago3 answers

What are the fees associated with using Binance U.S. to trade digital currencies? Are there any additional charges apart from the trading fees?

Are there any additional fees for using Binance U.S. to buy and sell digital currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    When using Binance U.S. to buy and sell digital currencies, there are certain fees involved. Binance U.S. charges a trading fee of 0.1% for both makers and takers. This fee is applied to each trade executed on the platform. However, it's important to note that there may be additional fees depending on the specific transaction or payment method used. For example, if you deposit funds using a credit card, there might be a separate fee charged by the card issuer. It's always recommended to review the fee schedule on the Binance U.S. website or contact their customer support for more information.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with using Binance U.S. to buy and sell digital currencies. The trading fee on Binance U.S. is 0.1% for both makers and takers. This fee is automatically deducted from your account balance when you execute a trade. Additionally, there may be network fees or miner fees associated with certain cryptocurrencies when you withdraw funds from Binance U.S. These fees vary depending on the specific cryptocurrency and network conditions at the time of withdrawal. It's always a good idea to check the withdrawal fees for each cryptocurrency on the Binance U.S. website before making a withdrawal.
  • avatarDec 17, 2021 · 3 years ago
    When using Binance U.S. to buy and sell digital currencies, there are fees involved. Binance U.S. charges a trading fee of 0.1% for both makers and takers. This fee is fairly competitive compared to other exchanges in the market. However, it's important to note that there might be additional fees depending on the specific transaction or payment method used. For example, if you deposit funds using a bank transfer, there might be a fee charged by your bank. It's always recommended to review the fee schedule on the Binance U.S. website or contact their customer support for a comprehensive understanding of the fees involved.