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Are there any fees involved when withdrawing steem from Binance to Steemit.com?

avatarParalandsDec 27, 2021 · 3 years ago3 answers

What are the fees associated with withdrawing steem from Binance to Steemit.com?

Are there any fees involved when withdrawing steem from Binance to Steemit.com?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees involved when withdrawing steem from Binance to Steemit.com. Binance charges a withdrawal fee for steem transactions, which is deducted from the total amount you are withdrawing. The fee amount varies and is subject to change based on Binance's fee schedule. It's recommended to check the current fee before making a withdrawal to Steemit.com.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! When you withdraw steem from Binance to Steemit.com, you'll encounter withdrawal fees. These fees are charged by Binance for processing the transaction and ensuring the security of the transfer. The exact fee amount can be found on Binance's website or by contacting their customer support. Keep in mind that fees may vary depending on the current market conditions and network congestion.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees involved when withdrawing steem from Binance to Steemit.com. However, the fees are not fixed and can vary depending on the amount you are withdrawing and the current market conditions. It's always a good idea to check Binance's fee schedule before initiating the withdrawal. Additionally, it's worth noting that Steemit.com may also charge a fee for receiving the steem, so it's important to consider both Binance and Steemit.com's fees when planning your withdrawal.