What are the fees involved in selling BNB on Binance and how can I reduce them?

1 answers

• Jan 13, 2022 · 3 years ago
  The fees associated with selling BNB on Binance can be reduced by utilizing the Binance Coin (BNB). By holding BNB in your account and selecting the option to pay fees with BNB, you can enjoy a discount on the trading fee. This discount starts at 25% and decreases gradually over time. Additionally, when withdrawing BNB or other cryptocurrencies, there may be withdrawal fees depending on the specific coin. To minimize these fees, it is recommended to withdraw larger amounts and consolidate your withdrawals into fewer transactions. This way, you can save on multiple withdrawal fees.
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