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

avatarNIAGA MANELDec 15, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin on Binance using USD. Are there any fees that I need to be aware of?

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

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with buying bitcoin on Binance using USD. Binance charges a trading fee of 0.1% for each transaction. Additionally, there may be network fees for withdrawing your bitcoin from Binance to your personal wallet. It's important to consider these fees when making your purchase.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! When you buy bitcoin on Binance using USD, there is a trading fee of 0.1% per transaction. This fee is automatically deducted from your account balance. Keep in mind that there may also be network fees for transferring your bitcoin to an external wallet. Make sure to factor in these fees when planning your purchase.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are fees associated with buying bitcoin on Binance using USD. Binance charges a trading fee of 0.1% for each transaction. However, if you hold BNB (Binance Coin) in your account, you can use it to pay for the trading fees and get a discount. This can help reduce your overall fees when buying bitcoin on Binance.