What are the fees and transaction costs associated with using Binance US?

1 answers

• Gigi DungaFeb 15, 2024 · a year ago
  As an expert in the field, I can provide you with a comprehensive overview of the fees and transaction costs associated with using Binance US. Binance US charges a flat fee of 0.1% for both market makers and takers. This means that regardless of whether you are buying or selling, you will be charged 0.1% of the total value of your trade. Withdrawal fees vary depending on the cryptocurrency you are withdrawing, and you can find the fee schedule on Binance US's website. Deposit fees are generally not charged by Binance US, but it's important to note that some banks or payment providers may charge their own fees for transferring funds to your Binance US account. The fees are automatically deducted from your account balance at the time of the transaction. Binance US occasionally offers discounts or promotions on trading fees, so it's worth checking their website for any ongoing promotions. I hope this information helps you understand the fees and transaction costs associated with using Binance US!
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