Are there any fees associated with buying bitcoin on Binance using USD?
MalinadeJan 11, 2022 · 3 years ago3 answers
I'm interested in buying bitcoin on Binance using USD. Are there any fees that I need to be aware of?
3 answers
- Jan 11, 2022 · 3 years agoYes, there are fees associated with buying bitcoin on Binance using USD. Binance charges a trading fee of 0.1% for each transaction. Additionally, there may be network fees for withdrawing your bitcoin from Binance to your personal wallet. It's important to consider these fees when making your purchase.
- Jan 11, 2022 · 3 years agoAbsolutely! When you buy bitcoin on Binance using USD, there is a trading fee of 0.1% per transaction. This fee is automatically deducted from your account balance. Keep in mind that there may also be network fees for transferring your bitcoin to an external wallet. Make sure to factor in these fees when planning your purchase.
- Jan 11, 2022 · 3 years agoYes, there are fees associated with buying bitcoin on Binance using USD. Binance charges a trading fee of 0.1% for each transaction. However, if you hold BNB (Binance Coin) in your account, you can use it to pay for the trading fees and get a discount. This can help reduce your overall fees when buying bitcoin on Binance.
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