Are there any fees involved when transferring Ripple from Binance to Ledger?
Holloway FengerJan 11, 2022 · 3 years ago3 answers
I am planning to transfer my Ripple from Binance to Ledger. I would like to know if there are any fees involved in this process. Can someone please clarify?
3 answers
- Jan 11, 2022 · 3 years agoYes, there are fees involved when transferring Ripple from Binance to Ledger. Binance charges a withdrawal fee for Ripple transactions, which is currently 0.25 XRP. Additionally, there may be network fees associated with the transfer, depending on the current congestion of the Ripple network. It is recommended to check the current fees on Binance and Ledger before initiating the transfer.
- Jan 11, 2022 · 3 years agoTransferring Ripple from Binance to Ledger incurs a withdrawal fee on Binance's end. The fee is deducted from the total amount of Ripple you wish to transfer. It is important to note that the fee is subject to change, so it's always a good idea to check the latest fee structure on Binance's website.
- Jan 11, 2022 · 3 years agoWhen transferring Ripple from Binance to Ledger, there are fees involved. Binance charges a withdrawal fee for Ripple, which is deducted from the amount you are transferring. The fee is currently 0.25 XRP. However, it's worth noting that fees can vary depending on the network congestion and other factors. To get the most accurate information, it's recommended to check Binance's fee schedule or contact their customer support for the latest details.
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