What are the fees and charges associated with using Binance.US for cryptocurrency transactions?
Doris LauJan 05, 2022 · 3 years ago1 answers
Can you provide a detailed explanation of the fees and charges that are associated with using Binance.US for cryptocurrency transactions? I would like to understand the costs involved before using the platform.
1 answers
- Jan 05, 2022 · 3 years agoOf course! Binance.US charges various fees and charges for cryptocurrency transactions. Firstly, there is a trading fee which is applied to each trade made on the platform. The trading fee is typically a percentage of the total trade value and can vary based on the trading volume. Additionally, there may be deposit and withdrawal fees for transferring funds into and out of your Binance.US account. These fees can vary depending on the specific cryptocurrency being deposited or withdrawn. It's important to note that Binance.US provides a fee schedule on their website which outlines the specific fees for each cryptocurrency. Make sure to review this schedule to understand the exact fees that may be incurred. Happy trading!
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