What are the fees associated with converting between USD and USDT on Binance?

3 answers

• Dec 17, 2021 · 3 years ago
  When converting between USD and USDT on Binance, there are a few fees to keep in mind. First, there may be a trading fee charged by the exchange for executing the conversion. This fee is typically a small percentage of the total transaction amount and can vary depending on the trading volume and user's VIP level. Additionally, there might be a withdrawal fee if you choose to withdraw the converted funds from the exchange to an external wallet. This fee is usually fixed and can also vary depending on the specific cryptocurrency being withdrawn. It's important to check the Binance fee schedule for the most up-to-date information on these fees.
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• Dec 17, 2021 · 3 years ago
  Converting between USD and USDT on Binance incurs certain fees. The trading fee is charged when you execute the conversion and it is usually a percentage of the transaction amount. The exact fee percentage can vary based on factors such as trading volume and user level. Additionally, if you decide to withdraw the converted funds, there might be a withdrawal fee involved. This fee is typically fixed and varies depending on the cryptocurrency being withdrawn. To get the most accurate and up-to-date information on these fees, it's recommended to check the Binance fee schedule.
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• Dec 17, 2021 · 3 years ago
  When it comes to converting between USD and USDT on Binance, there are fees involved. The trading fee is charged for executing the conversion, and it's usually a percentage of the transaction amount. The exact fee percentage can vary depending on factors such as trading volume and user level. If you choose to withdraw the converted funds, there might be a withdrawal fee as well. This fee is typically fixed and can vary depending on the specific cryptocurrency. It's important to note that fees can change over time, so it's always a good idea to check the Binance fee schedule for the most accurate information.
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