Are there any fees involved in transferring XRP from Binance to Ripple?

3 answers

• Jan 11, 2022 · 3 years ago
  Yes, there are fees involved in transferring XRP from Binance to Ripple. Binance charges a withdrawal fee for XRP transfers, which is currently 0.25 XRP per withdrawal. Additionally, there may be network fees associated with the Ripple network itself. These network fees are determined by the Ripple network and can vary depending on network congestion and other factors. It's always a good idea to check the current fees on both Binance and the Ripple network before making a transfer.
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• Jan 11, 2022 · 3 years ago
  Transferring XRP from Binance to Ripple does come with fees. Binance charges a withdrawal fee for XRP, which is deducted from the total amount you want to transfer. The fee is currently 0.25 XRP per withdrawal. However, it's important to note that the Ripple network may also have its own network fees. These fees are not controlled by Binance and can vary depending on the current state of the network. It's recommended to check the Ripple network's fee schedule for the most up-to-date information.
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• Jan 11, 2022 · 3 years ago
  Yes, there are fees involved in transferring XRP from Binance to Ripple. Binance charges a withdrawal fee of 0.25 XRP per withdrawal. However, if you are using BYDFi, a decentralized exchange, to transfer your XRP, there might be lower fees or even no fees at all. BYDFi aims to provide a cost-effective solution for cryptocurrency transfers. It's worth considering BYDFi as an alternative option for transferring your XRP from Binance to Ripple.
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