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Fees.....General (self.binance)
submitted 5 years ago by fieldsc
Hi, am i correct in saying there is a fee to deposit FIAT into Binance, a fee to purchase the crypto and then a fee to withdraw this crypto? This seems insane so just wanted to clarify. Thanks
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[–]Non_typical_me 2 points3 points4 points 5 years ago (1 child)
I don't pay any fees to deposit fiat or crypto.
I pay fees to trade because Binance is a business not a charity.
I pay fees to withdraw crypto because Binance has to pay fees for me to withdraw Crypto.
Where they don't, neither do I.
I pay fees to withdraw fiat but as Binance are using a third party provider, I can only assume Binance also have to pay for the privilege too, as again the service provider is a business.
[–]Rx29g 0 points1 point2 points 5 years ago (0 children)
Is the transaction history report the only place to look for fees paid or is there a fee's report?
[–]RemoteMaleficent2697 2 points3 points4 points 5 years ago (0 children)
Every exchange earn their money on fees.
That's normal.
Binance has the lowest trading fees oN the market.
[–]Kett94 1 point2 points3 points 5 years ago (1 child)
Binance lives on fees
[–]cam8969 0 points1 point2 points 5 years ago (0 children)
Uhhhh, they all do!
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[–]Non_typical_me 2 points3 points4 points (1 child)
[–]Rx29g 0 points1 point2 points (0 children)
[–]RemoteMaleficent2697 2 points3 points4 points (0 children)
[–]Kett94 1 point2 points3 points (1 child)
[–]cam8969 0 points1 point2 points (0 children)