What are the fees for buying XRP on Binance?
Devine TysonDec 16, 2021 · 3 years ago5 answers
Can you please provide me with the detailed information about the fees associated with buying XRP on Binance? I would like to know the transaction fees, deposit fees, and withdrawal fees for XRP on Binance.
5 answers
- Dec 16, 2021 · 3 years agoSure! When buying XRP on Binance, you will be charged a transaction fee of 0.1% of the total trading volume. This fee is applied to both the buyer and the seller. Additionally, Binance does not charge any deposit fees for XRP. However, there is a withdrawal fee of 0.25 XRP when you withdraw XRP from Binance.
- Dec 16, 2021 · 3 years agoThe fees for buying XRP on Binance are quite reasonable. The transaction fee is 0.1% of the total trading volume, which is lower compared to some other exchanges. Binance also does not charge any deposit fees for XRP. However, there is a withdrawal fee of 0.25 XRP, which is a standard fee in the industry.
- Dec 16, 2021 · 3 years agoWhen it comes to buying XRP on Binance, you can expect a transaction fee of 0.1% of the total trading volume. This fee is applicable to both buyers and sellers. Binance does not charge any deposit fees for XRP, which is great. However, there is a withdrawal fee of 0.25 XRP, which is a common practice in the cryptocurrency exchange industry. Overall, the fees for buying XRP on Binance are competitive and transparent.
- Dec 16, 2021 · 3 years agoAs an expert in the field, I can tell you that the fees for buying XRP on Binance are quite reasonable. The transaction fee is 0.1% of the total trading volume, which is in line with industry standards. Binance does not charge any deposit fees for XRP, which is a plus. However, there is a withdrawal fee of 0.25 XRP, which is a standard fee in the cryptocurrency exchange industry. Overall, Binance offers competitive fees for buying XRP.
- Dec 16, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, charges a transaction fee of 0.1% of the total trading volume when buying XRP on Binance. This fee is applicable to both buyers and sellers. In terms of deposit fees, Binance does not charge any fees for XRP deposits. However, there is a withdrawal fee of 0.25 XRP when you withdraw XRP from Binance. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee schedule on Binance's website.
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