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What are the fees and limits for trading digital currencies on Binance in Canada?

avatarSubhashree JenaDec 24, 2021 · 3 years ago4 answers

Can you provide detailed information about the fees and limits for trading digital currencies on Binance in Canada? I would like to know the fees associated with trading, depositing, and withdrawing digital currencies, as well as any limits that may apply. Additionally, it would be helpful to understand if there are any specific requirements or restrictions for Canadian users.

What are the fees and limits for trading digital currencies on Binance in Canada?

4 answers

  • avatarDec 24, 2021 · 3 years ago
    As an expert in the field, I can tell you that the fees and limits for trading digital currencies on Binance in Canada are quite competitive. Binance offers a tiered fee structure, which means that the more you trade, the lower your fees will be. The trading fees range from 0.1% to 0.02% per trade, depending on your trading volume. When it comes to deposits, Binance does not charge any fees. However, there are withdrawal fees that vary depending on the digital currency you are withdrawing. As for limits, Binance has different limits for different verification levels. For Level 1 verification, the daily withdrawal limit is 2 BTC. For Level 2 verification, the daily withdrawal limit is 100 BTC. It's important to note that these limits may change, so it's always a good idea to check the latest information on Binance's website.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to trading digital currencies on Binance in Canada, the fees and limits are quite reasonable. Binance offers a tiered fee structure, which means that the more you trade, the lower your fees will be. The trading fees range from 0.1% to 0.02% per trade, depending on your trading volume. In terms of deposits, Binance does not charge any fees. However, there are withdrawal fees that vary depending on the digital currency you are withdrawing. As for limits, Binance has different limits for different verification levels. For Level 1 verification, the daily withdrawal limit is 2 BTC. For Level 2 verification, the daily withdrawal limit is 100 BTC. It's important to keep in mind that these limits may change, so it's always a good idea to check the latest information on Binance's website.
  • avatarDec 24, 2021 · 3 years ago
    As an expert in the field, I can tell you that the fees and limits for trading digital currencies on Binance in Canada are quite competitive. Binance offers a tiered fee structure, which means that the more you trade, the lower your fees will be. The trading fees range from 0.1% to 0.02% per trade, depending on your trading volume. When it comes to deposits, Binance does not charge any fees. However, there are withdrawal fees that vary depending on the digital currency you are withdrawing. As for limits, Binance has different limits for different verification levels. For Level 1 verification, the daily withdrawal limit is 2 BTC. For Level 2 verification, the daily withdrawal limit is 100 BTC. It's important to note that these limits may change, so it's always a good idea to check the latest information on Binance's website.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers competitive fees and limits for trading digital currencies in Canada. The trading fees range from 0.1% to 0.02% per trade, depending on your trading volume. Deposits are free of charge, and there are withdrawal fees that vary depending on the digital currency you are withdrawing. Binance has different limits for different verification levels. For Level 1 verification, the daily withdrawal limit is 2 BTC. For Level 2 verification, the daily withdrawal limit is 100 BTC. It's important to note that these limits may change, so it's always a good idea to check the latest information on Binance's website.