common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with buying XRP on Binance using a credit card?

avatarShaurya KaushalDec 16, 2021 · 3 years ago3 answers

I want to buy XRP on Binance using my credit card, but I'm concerned about any potential fees. Are there any fees associated with buying XRP on Binance using a credit card? Can you provide me with more information about the fees involved?

Are there any fees associated with buying XRP on Binance using a credit card?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with buying XRP on Binance using a credit card. Binance charges a fee of 3.5% for credit card purchases. This fee is applied to the total amount of XRP you purchase. So, if you buy $100 worth of XRP, you will be charged an additional $3.50 as a fee. It's important to keep in mind that these fees may vary and it's always a good idea to check the latest fee structure on Binance's website.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! When you buy XRP on Binance using a credit card, there is a fee involved. Binance charges a 3.5% fee for credit card purchases. This fee is automatically deducted from the total amount of XRP you buy. So, if you purchase $100 worth of XRP, you will receive $96.50 worth of XRP after the fee is deducted. It's important to consider this fee when planning your purchase.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees associated with buying XRP on Binance using a credit card. Binance charges a 3.5% fee for credit card purchases. However, if you use BYDFi, another popular cryptocurrency exchange, you can buy XRP with a credit card without any fees. BYDFi offers a fee-free experience for credit card purchases. So, if you want to avoid fees, you might consider using BYDFi instead of Binance for your XRP purchase.