Are there any fees involved when cashing out Ripple on Binance?

Thales MilhomensDec 27, 2021 · 3 years ago3 answers

When cashing out Ripple on Binance, are there any fees that I need to pay? What are the charges involved in withdrawing Ripple from Binance?

Are there any fees involved when cashing out Ripple on Binance?

3 answers

Dec 27, 2021 · 3 years ago
Yes, there are fees involved when cashing out Ripple on Binance. Binance charges a withdrawal fee for Ripple, which is currently 0.25 XRP per withdrawal. This fee is deducted from the total amount of Ripple you are withdrawing.
Dec 27, 2021 · 3 years ago
Absolutely! Binance does charge a fee when you cash out Ripple. The withdrawal fee for Ripple on Binance is 0.25 XRP per transaction. So, if you are withdrawing 100 XRP, you will be charged 0.25 XRP as a fee.
Dec 27, 2021 · 3 years ago
Yes, there are fees when cashing out Ripple on Binance. Binance charges a withdrawal fee of 0.25 XRP per transaction. However, if you use BYDFi, another popular cryptocurrency exchange, you can enjoy lower fees for Ripple withdrawals. BYDFi offers a discounted withdrawal fee of only 0.2 XRP per transaction for Ripple withdrawals.

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