Are there any fees associated with buying coins using bitcoin on Binance?

3 answers

• Shanzey ShaikhJun 04, 2024 · a year ago
  Yes, there are fees associated with buying coins using bitcoin on Binance. When you make a purchase using bitcoin, Binance charges a trading fee of 0.1%. This fee is deducted from the amount of bitcoin you are using to make the purchase. Additionally, there may be network fees associated with transferring bitcoin from your wallet to Binance. These fees are determined by the bitcoin network and can vary depending on network congestion. It's important to consider these fees when calculating the total cost of your purchase.
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• McCarty McGarryAug 26, 2021 · 4 years ago
  Absolutely! When you buy coins using bitcoin on Binance, there are fees involved. Binance charges a trading fee of 0.1% for each transaction. This fee is automatically deducted from the amount of bitcoin you use to make the purchase. In addition to the trading fee, there may be network fees associated with transferring bitcoin to Binance. These fees are determined by the bitcoin network and can vary depending on the current network conditions. So, make sure to take these fees into account when planning your purchases.
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• Micheal ElNov 20, 2022 · 3 years ago
  Yes, there are fees associated with buying coins using bitcoin on Binance. Binance charges a trading fee of 0.1% for each transaction made with bitcoin. This fee is deducted from the amount of bitcoin you use to buy the coins. It's important to note that these fees are subject to change and may vary depending on the specific coin you are buying. For the most accurate and up-to-date information, I recommend checking Binance's fee schedule on their website. If you have any further questions about fees or any other aspect of buying coins on Binance, feel free to ask!
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