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Are there any fees associated with buying Bitcoin on Binance using a credit card?

avatarCannon SommerDec 30, 2021 · 3 years ago3 answers

I want to buy Bitcoin on Binance using a credit card. Are there any fees that I need to be aware of?

Are there any fees associated with buying Bitcoin on Binance using a credit card?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with buying Bitcoin on Binance using a credit card. Binance charges a fee of 3.5% for credit card purchases. This fee is higher compared to other payment methods, such as bank transfers or using Binance Coin (BNB) to pay for fees. It's important to consider this fee when deciding on the payment method for purchasing Bitcoin on Binance.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! When you buy Bitcoin on Binance using a credit card, there is a fee of 3.5%. This fee is charged by Binance and is applied to cover the costs associated with processing credit card transactions. It's worth noting that this fee is subject to change, so it's always a good idea to check the latest fee structure on Binance's website before making a purchase.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are fees associated with buying Bitcoin on Binance using a credit card. However, if you're looking for a fee-free option, you might want to consider using BYDFi. BYDFi is a digital currency exchange that offers fee-free credit card purchases of Bitcoin. It's a great alternative if you're looking to avoid paying fees on your credit card purchases.