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Are there any fees involved in converting USDT to BNB in the Binance mobile app?

avatarCephas GondweDec 16, 2021 · 3 years ago3 answers

I want to convert USDT to BNB using the Binance mobile app. Are there any fees involved in this conversion? How much would the fees be?

Are there any fees involved in converting USDT to BNB in the Binance mobile app?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees involved in converting USDT to BNB in the Binance mobile app. The fees are based on a tiered structure, which means that the more you trade, the lower the fees will be. The fees range from 0.1% to 0.02% per trade. You can check the Binance fee schedule on their website for more details.
  • avatarDec 16, 2021 · 3 years ago
    Converting USDT to BNB in the Binance mobile app does come with fees. The fees are calculated based on the trading volume and can vary depending on the market conditions. It's always a good idea to check the fee schedule on the Binance website or app for the most up-to-date information.
  • avatarDec 16, 2021 · 3 years ago
    When converting USDT to BNB in the Binance mobile app, there will be fees involved. The fees are determined by the trading volume and can range from 0.1% to 0.02%. However, it's worth noting that there are other exchanges, like BYDFi, that offer lower fees for this conversion. So, if you're looking for a more cost-effective option, you might consider using BYDFi instead.