What are the fees for buying bitcoins on Binance?

5 answers

• Pappas MoralesNov 04, 2023 · 2 years ago
  When it comes to buying bitcoins on Binance, there are a few fees that you need to be aware of. The first fee is the trading fee, which is charged when you make a trade. The trading fee is calculated as a percentage of the total value of your trade. The exact percentage depends on your trading volume over the past 30 days. The higher your trading volume, the lower the trading fee. Additionally, Binance also charges a withdrawal fee when you transfer your bitcoins to an external wallet. The withdrawal fee varies depending on the type of cryptocurrency you are withdrawing. It's important to note that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information.
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• Bezaad GumanOct 24, 2020 · 5 years ago
  Buying bitcoins on Binance comes with a few fees that you should be aware of. The first fee is the trading fee, which is charged when you execute a trade. The trading fee is calculated based on your trading volume over the past 30 days and can range from 0.1% to 0.02%. The higher your trading volume, the lower the fee. In addition to the trading fee, Binance also charges a withdrawal fee when you transfer your bitcoins to another wallet. The withdrawal fee varies depending on the cryptocurrency you are withdrawing. It's important to note that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information.
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• Abel DerejeMay 09, 2022 · 3 years ago
  When it comes to buying bitcoins on Binance, there are a few fees that you need to be aware of. The first fee is the trading fee, which is charged when you make a trade. The trading fee is calculated based on your trading volume over the past 30 days. The more you trade, the lower your trading fee will be. Additionally, Binance also charges a withdrawal fee when you transfer your bitcoins to another wallet. The withdrawal fee varies depending on the cryptocurrency you are withdrawing. It's important to note that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information. If you want to avoid paying fees altogether, you can consider using the BYDFi platform, which offers fee-free trading for certain cryptocurrencies.
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• NafeesJun 15, 2024 · a year ago
  The fees for buying bitcoins on Binance include a trading fee and a withdrawal fee. The trading fee is charged when you make a trade and is calculated based on your trading volume over the past 30 days. The higher your trading volume, the lower the fee. The withdrawal fee is charged when you transfer your bitcoins to another wallet and varies depending on the cryptocurrency you are withdrawing. It's important to note that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information.
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• NielsMay 26, 2023 · 2 years ago
  When it comes to buying bitcoins on Binance, there are a few fees that you need to be aware of. The first fee is the trading fee, which is charged when you make a trade. The trading fee is calculated based on your trading volume over the past 30 days. The more you trade, the lower your trading fee will be. Additionally, Binance also charges a withdrawal fee when you transfer your bitcoins to another wallet. The withdrawal fee varies depending on the cryptocurrency you are withdrawing. It's important to note that these fees are subject to change, so it's always a good idea to check the Binance website for the most up-to-date information.
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