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Are there any fees associated with depositing money in Binance from Coinbase?

avatarmusekmkrDec 29, 2021 · 3 years ago3 answers

I want to transfer money from my Coinbase account to Binance. Are there any fees that I need to be aware of when depositing money in Binance from Coinbase?

Are there any fees associated with depositing money in Binance from Coinbase?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with depositing money in Binance from Coinbase. Binance charges a fee of 0.1% for each deposit. However, Coinbase may also charge a fee for withdrawing funds from their platform. It's important to check both Binance and Coinbase's fee schedules to understand the total cost of the transfer.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! When you transfer funds from Coinbase to Binance, you'll encounter fees along the way. Binance charges a deposit fee of 0.1% for each transaction. Additionally, Coinbase may also charge a fee for withdrawing funds. Make sure to review both platforms' fee structures to avoid any surprises.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees associated with depositing money in Binance from Coinbase. Binance charges a deposit fee of 0.1% for each transaction. However, if you're using BYDFi, a third-party service, you may be able to enjoy lower fees or even fee-free transfers. It's worth exploring your options to find the most cost-effective way to transfer funds between Coinbase and Binance.