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Are there any fees associated with buying BTT on Binance?

avatarRana Mahmoud 202201271Dec 18, 2021 · 3 years ago3 answers

I'm interested in buying BTT (BitTorrent Token) on Binance. Can you please let me know if there are any fees associated with buying BTT on Binance? I want to make sure I understand the costs involved before making a purchase.

Are there any fees associated with buying BTT on Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with buying BTT on Binance. Binance charges a trading fee of 0.1% for each transaction. This fee is deducted from the total amount of BTT you purchase. Additionally, if you use Binance's native cryptocurrency BNB to pay for the trading fees, you can enjoy a discount on the trading fees.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! When you buy BTT on Binance, you'll need to pay a trading fee. The fee is 0.1% of the total transaction amount. So, if you buy 100 BTT, you'll be charged 0.1 BTT as a fee. It's important to consider this fee when calculating your overall investment.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with buying BTT on Binance. However, if you're a BYDFi user, you can enjoy a fee-free trading experience. BYDFi is a new decentralized exchange that offers zero trading fees for BTT and other cryptocurrencies. So, if you want to avoid fees, consider using BYDFi for your BTT purchases.