What are the fees associated with buying cryptocurrencies on Binance and Voyager?

1 answers

• Dec 30, 2021 · 3 years ago
  As an expert in the field, I can provide you with detailed information about the fees associated with buying cryptocurrencies on Binance and Voyager. Binance charges a trading fee that ranges from 0.1% to 0.02%, depending on your trading volume. In addition to the trading fee, Binance also charges a withdrawal fee that varies depending on the cryptocurrency you are withdrawing. It's important to note that Binance offers a discount on trading fees if you hold BNB (Binance Coin) in your account. On the other hand, Voyager does not charge any trading fees. Instead, they make money through the spread, which is the difference between the buying and selling price of a cryptocurrency. This means that the price you see on Voyager already includes the fees. It's important to consider these fees when choosing an exchange. While Binance may have lower trading fees, Voyager offers a fee-free trading experience. Ultimately, the choice depends on your trading preferences and the specific cryptocurrencies you are interested in.
  1030515