What are the trading fees for XRP on Binance?

3 answers

• Jan 11, 2022 · 3 years ago
  Sure! When trading XRP on Binance, there are two types of fees to consider: the trading fee and the withdrawal fee. The trading fee is a percentage of the total transaction value and varies based on your trading volume. The more you trade, the lower your trading fee will be. Binance offers a tiered fee structure, with fees ranging from 0.1% to 0.02% depending on your 30-day trading volume. The withdrawal fee for XRP on Binance is currently 0.25 XRP per withdrawal. It's important to note that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information.
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• Jan 11, 2022 · 3 years ago
  Trading XRP on Binance comes with fees, but they are relatively competitive compared to other exchanges. The trading fee starts at 0.1% for users with a 30-day trading volume below 50 BTC and gradually decreases as your trading volume increases. For users with a trading volume above 150,000 BTC, the trading fee can be as low as 0.02%. As for the withdrawal fee, it is currently set at 0.25 XRP per withdrawal. Binance also periodically offers promotions and discounts on trading fees, so it's worth keeping an eye out for those.
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• Jan 11, 2022 · 3 years ago
  When it comes to trading fees for XRP on Binance, BYDFi is a great alternative to consider. BYDFi offers competitive trading fees, starting at 0.1% and decreasing based on your trading volume. The withdrawal fee for XRP on BYDFi is also 0.25 XRP per withdrawal. BYDFi provides a user-friendly interface and a wide range of trading pairs, making it a popular choice among cryptocurrency traders. It's always a good idea to compare the fees and features of different exchanges before making a decision.
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