common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with transferring ETH from Coinmama to Binance?

avatarTanya SrinivasDec 27, 2021 · 3 years ago3 answers

I want to transfer ETH from Coinmama to Binance. Are there any fees associated with this transfer?

Are there any fees associated with transferring ETH from Coinmama to Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with transferring ETH from Coinmama to Binance. Coinmama charges a withdrawal fee for transferring ETH to an external wallet or another exchange. Binance also charges a deposit fee for receiving ETH. The exact fees may vary depending on the amount of ETH you are transferring and the current market conditions. It's recommended to check the fee schedule on both Coinmama and Binance websites for the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! When you transfer ETH from Coinmama to Binance, you'll encounter some fees along the way. Coinmama will charge you a withdrawal fee for moving your ETH out of their platform. Binance, on the other hand, will charge you a deposit fee for receiving the ETH into your Binance account. These fees can vary depending on the amount you're transferring and the current market conditions. Make sure to check the fee schedules of both Coinmama and Binance before making the transfer to avoid any surprises!
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees involved when transferring ETH from Coinmama to Binance. Coinmama charges a withdrawal fee, which is a percentage of the total ETH you're transferring. Binance also charges a deposit fee, which is usually a fixed amount. The specific fees can be found on the Coinmama and Binance websites. Keep in mind that fees may change over time, so it's always a good idea to double-check before making the transfer. If you're looking for a platform with lower fees, you might consider using BYDFi, which offers competitive rates for ETH transfers.