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What is the cost of transferring money on Binance.US?

avatarMarkella StyliaraDec 25, 2021 · 3 years ago5 answers

Can you provide more details about the cost of transferring money on Binance.US? I would like to know if there are any fees or charges associated with depositing or withdrawing funds on the platform.

What is the cost of transferring money on Binance.US?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to transferring money on Binance.US, there are a few factors to consider. First, deposits made with ACH (Automated Clearing House) are free of charge. However, if you choose to deposit funds using a debit or credit card, there is a 4% fee. On the other hand, withdrawals from Binance.US incur a small fee depending on the cryptocurrency you are withdrawing. The fee structure can be found on the Binance.US website under the 'Fees' section. It's always a good idea to review the fees before making any transfers.
  • avatarDec 25, 2021 · 3 years ago
    Transferring money on Binance.US is quite straightforward. Deposits made via ACH are free, and you can easily link your bank account to initiate the transfer. However, if you prefer to use a debit or credit card for depositing funds, there is a 4% fee. As for withdrawals, Binance.US charges a small fee based on the specific cryptocurrency you are withdrawing. The fee schedule can be found on their website. It's important to note that fees may vary depending on market conditions, so it's a good idea to double-check before making any transfers.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to transferring money on Binance.US, the platform offers competitive fees and options. Deposits made through ACH are free, allowing you to easily transfer funds from your bank account. However, if you choose to deposit using a debit or credit card, there is a 4% fee. Withdrawals from Binance.US incur a small fee based on the cryptocurrency you are withdrawing. It's worth noting that Binance.US provides a transparent fee structure on their website, so you can easily review the costs associated with transferring money.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Binance.US offers a range of options for transferring money. Deposits made via ACH are free, making it a cost-effective choice for many users. However, if you prefer to use a debit or credit card, there is a 4% fee. When it comes to withdrawals, Binance.US charges a small fee based on the specific cryptocurrency you are withdrawing. It's important to review the fee structure on their website to understand the costs associated with transferring money.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, provides a seamless experience for transferring money on Binance.US. Deposits made through ACH are free, allowing you to easily move funds from your bank account. However, if you choose to deposit using a debit or credit card, there is a 4% fee. Withdrawals from Binance.US incur a small fee based on the cryptocurrency you are withdrawing. It's always a good idea to review the fee schedule on the Binance.US website to understand the costs involved in transferring money.