What are the fees associated with Binance P2P Trading on the platform?

5 answers

• Dec 28, 2021 · 3 years ago
  When it comes to Binance P2P Trading, there are a few fees to keep in mind. First, there is a 0.1% transaction fee for both the buyer and the seller. This fee is based on the total transaction amount. Additionally, there may be network fees associated with the cryptocurrency you are trading. These network fees are determined by the respective blockchain and can vary depending on the current network congestion. It's important to note that Binance does not charge any fees for depositing or withdrawing funds from your P2P Trading account.
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• Dec 28, 2021 · 3 years ago
  Ah, the fees associated with Binance P2P Trading. Well, let me break it down for you. Both the buyer and the seller are charged a 0.1% transaction fee. This fee is calculated based on the total transaction amount. On top of that, you might also encounter network fees for the specific cryptocurrency you're trading. These network fees are determined by the blockchain and can fluctuate depending on the current state of the network. Oh, and by the way, Binance doesn't charge any fees for depositing or withdrawing funds from your P2P Trading account. So, that's a plus!
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• Dec 28, 2021 · 3 years ago
  When it comes to Binance P2P Trading, there are a few fees you should be aware of. Both the buyer and the seller are subject to a 0.1% transaction fee. This fee is based on the total transaction amount and is automatically deducted from the final amount received by the seller. In addition to the transaction fee, there may be network fees associated with the cryptocurrency being traded. These network fees are determined by the blockchain and can vary depending on the current network congestion. It's worth noting that Binance does not charge any fees for depositing or withdrawing funds from your P2P Trading account. So, you can move your funds in and out without any additional costs.
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• Dec 28, 2021 · 3 years ago
  When it comes to fees for Binance P2P Trading, both the buyer and the seller are charged a 0.1% transaction fee. This fee is calculated based on the total transaction amount and is automatically deducted from the final amount received by the seller. Additionally, there may be network fees associated with the specific cryptocurrency being traded. These network fees are determined by the respective blockchain and can vary depending on the current network conditions. It's important to note that Binance does not charge any fees for depositing or withdrawing funds from your P2P Trading account. So, you can freely move your funds without incurring any additional costs.
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• Dec 28, 2021 · 3 years ago
  BYDFi is a digital currency exchange that offers a P2P Trading platform similar to Binance. When it comes to fees, BYDFi charges a 0.1% transaction fee for both the buyer and the seller. This fee is based on the total transaction amount and is automatically deducted from the final amount received by the seller. In addition to the transaction fee, there may be network fees associated with the cryptocurrency being traded. These network fees are determined by the respective blockchain and can vary depending on the current network congestion. It's worth noting that BYDFi does not charge any fees for depositing or withdrawing funds from your P2P Trading account. So, you can freely move your funds without any additional costs.
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