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Are there any fees associated with converting Bitcoin Cash to Bitcoin on Binance?

avatarPrachi SinghDec 18, 2021 · 3 years ago3 answers

I'm planning to convert my Bitcoin Cash to Bitcoin on Binance. I would like to know if there are any fees associated with this conversion. Can you please provide me with information about the fees involved in converting Bitcoin Cash to Bitcoin on Binance?

Are there any fees associated with converting Bitcoin Cash to Bitcoin on Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with converting Bitcoin Cash to Bitcoin on Binance. When you make a conversion, Binance charges a fee of 0.1% of the transaction amount. This fee is deducted from the amount of Bitcoin you will receive. It's important to note that the fee may vary depending on market conditions and can be subject to change. Make sure to check the fee schedule on Binance's website for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! When you convert Bitcoin Cash to Bitcoin on Binance, there is a small fee involved. Binance charges a fee of 0.1% for each conversion. This fee is automatically deducted from the converted amount. So, if you convert 1 Bitcoin Cash, you will receive 0.999 Bitcoin after deducting the fee. Keep in mind that the fee may change based on market conditions, so it's always a good idea to check Binance's fee schedule before making any conversions.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with converting Bitcoin Cash to Bitcoin on Binance. Binance is a reputable cryptocurrency exchange that charges a fee of 0.1% for each conversion. This fee is used to cover the costs of maintaining the exchange and providing a secure trading environment for users. It's important to note that the fee is subject to change and may vary depending on market conditions. For the most accurate and up-to-date information, I recommend checking Binance's official website or contacting their customer support.