What are the expenses associated with adding money to Binance through a credit card?

3 answers

• sagame168th sagameMay 06, 2021 · 4 years ago
  When adding money to Binance through a credit card, there are a few expenses to consider. First, Binance charges a fee of 3.5% for each credit card deposit. This fee is deducted from the total amount you deposit. Additionally, your credit card issuer may charge a cash advance fee for the transaction. It's important to check with your credit card provider to understand their specific fees. Overall, using a credit card to deposit funds to Binance can be convenient, but it's essential to be aware of the associated expenses.
  526

  263
• ekimmssApr 11, 2023 · 2 years ago
  Adding funds to Binance through a credit card comes with certain expenses. Binance charges a 3.5% fee for credit card deposits, which is deducted from the deposited amount. In addition to this fee, your credit card issuer may charge a cash advance fee, so it's important to review your credit card terms and conditions. While using a credit card offers convenience, it's crucial to factor in the expenses involved before making a deposit.
  438

  146
• Paul SFeb 23, 2022 · 3 years ago
  When you deposit funds to Binance using a credit card, there are expenses to consider. Binance charges a 3.5% fee for credit card deposits, which is deducted from the amount you deposit. It's important to note that this fee is subject to change, so it's advisable to check Binance's website for the most up-to-date information. Additionally, your credit card issuer may charge a cash advance fee, so it's recommended to review your credit card terms and conditions. By being aware of these expenses, you can make informed decisions when depositing funds to Binance.
  565

  142