common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with the instant withdrawal feature on Binance?

avatarsavant selfmadeJan 12, 2022 · 3 years ago3 answers

I want to know if there are any fees that I need to pay when using the instant withdrawal feature on Binance. Can you provide more information about the fees associated with this feature?

Are there any fees associated with the instant withdrawal feature on Binance?

3 answers

  • avatarJan 12, 2022 · 3 years ago
    Yes, there are fees associated with the instant withdrawal feature on Binance. The fees vary depending on the cryptocurrency you are withdrawing. Binance provides a fee schedule on their website that outlines the specific fees for each cryptocurrency. It's important to check the fee schedule before making any withdrawals to understand the cost involved.
  • avatarJan 12, 2022 · 3 years ago
    Absolutely! Binance does charge fees for using the instant withdrawal feature. The fees are based on the specific cryptocurrency you are withdrawing and can vary. It's always a good idea to check the fee schedule on Binance's website to get the most up-to-date information on the fees.
  • avatarJan 12, 2022 · 3 years ago
    Yes, there are fees associated with the instant withdrawal feature on Binance. However, the fees are relatively low compared to other exchanges. Binance aims to provide competitive fees to its users, ensuring that the cost of using the instant withdrawal feature is reasonable. It's recommended to check the fee schedule on Binance's website for the exact fees for each cryptocurrency.