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Are there any fees for selling coins on Binance?

avatarEssilfie Prince BondzieDec 26, 2021 · 3 years ago1 answers

What are the fees associated with selling coins on Binance? How much does Binance charge for selling cryptocurrencies? Are there any additional costs or charges when selling coins on Binance?

Are there any fees for selling coins on Binance?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to selling coins on Binance, there are fees involved. Binance charges a flat fee of 0.1% for each trade, regardless of the coin you are selling. This fee is deducted from the total amount you receive when selling your coins. Additionally, Binance may also charge a withdrawal fee when you transfer your funds to an external wallet. The withdrawal fee varies depending on the specific coin you are withdrawing. It's important to be aware of these fees and factor them into your selling strategy on Binance.