common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with transferring USDT from Binance to another Binance account?

avatarJames McCoyDec 18, 2021 · 3 years ago3 answers

I want to transfer USDT from my Binance account to another Binance account. Are there any fees associated with this transfer? How much will it cost?

Are there any fees associated with transferring USDT from Binance to another Binance account?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees associated with transferring USDT from one Binance account to another. The fee structure depends on the amount of USDT you are transferring. Binance charges a flat fee of 0.1 USDT for each transfer, regardless of the transfer amount. So, if you are transferring 100 USDT, the fee will be 0.1 USDT. It's important to note that the fees are subject to change and it's always a good idea to check the latest fee schedule on the Binance website.
  • avatarDec 18, 2021 · 3 years ago
    Transferring USDT from one Binance account to another does come with fees. Binance charges a fixed fee of 0.1 USDT for each transfer. This fee is deducted from the total amount of USDT you are transferring. So, if you are transferring 100 USDT, the recipient will receive 99.9 USDT after deducting the 0.1 USDT fee. Make sure to consider the fees when planning your transfers.
  • avatarDec 18, 2021 · 3 years ago
    When transferring USDT from Binance to another Binance account, there is a fee involved. Binance charges a flat fee of 0.1 USDT for each transfer, regardless of the transfer amount. This fee is deducted from the total amount of USDT you are transferring. For example, if you are transferring 100 USDT, the recipient will receive 99.9 USDT after deducting the 0.1 USDT fee. Keep in mind that these fees may change over time, so it's always a good idea to check the latest fee schedule on the Binance website.