common-close-0
BYDFi
Trade wherever you are!

Are there any fees involved when transferring money from a bank to Binance?

avatarShibin SamDec 20, 2021 · 3 years ago1 answers

What are the fees associated with transferring money from a bank to Binance? Are there any additional charges or hidden costs?

Are there any fees involved when transferring money from a bank to Binance?

1 answers

  • avatarDec 20, 2021 · 3 years ago
    When transferring money from a bank to Binance, it is important to consider the potential fees involved. Banks often charge fees for wire transfers, which can vary depending on the bank and the amount being transferred. Additionally, Binance may also charge a fee for depositing funds into your account. These fees can be found on the Binance website. It is recommended to review the fee structures of both your bank and Binance to understand the total cost of the transfer. By doing so, you can make an informed decision and minimize any unnecessary fees.