Are there any fees or charges for withdrawing cash from Binance to my bank?

avatarAbhishek MatluriDec 28, 2021 · 3 years ago7 answers

I want to withdraw cash from my Binance account to my bank. Are there any fees or charges associated with this transaction? How much will it cost me?

Are there any fees or charges for withdrawing cash from Binance to my bank?

7 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees for withdrawing cash from Binance to your bank. The fees vary depending on the cryptocurrency you are withdrawing and the bank you are using. Binance charges a fixed fee for each withdrawal, which is deducted from the amount you are withdrawing. Additionally, your bank may also charge a fee for receiving the funds. It is recommended to check the fee schedule on Binance's website and contact your bank for more information on their fees.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When you withdraw cash from Binance to your bank, there are fees involved. Binance charges a withdrawal fee for each transaction, and the amount depends on the cryptocurrency you are withdrawing. Additionally, your bank may also charge a fee for processing the transaction. It's important to consider these fees before making a withdrawal to avoid any surprises.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees for withdrawing cash from Binance to your bank. Binance charges a withdrawal fee that varies depending on the cryptocurrency you are withdrawing. The fee is deducted from the total amount you are withdrawing. It's important to note that the fees can change over time, so it's always a good idea to check the latest fee schedule on Binance's website before initiating a withdrawal.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees for withdrawing cash from Binance to your bank. The fees are determined by Binance and vary depending on the cryptocurrency you are withdrawing. It's important to review the fee schedule on Binance's website to understand the specific fees associated with your withdrawal. Additionally, your bank may also charge a fee for receiving the funds. It's recommended to contact your bank for more information on their fees.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees for withdrawing cash from Binance to your bank. Binance charges a withdrawal fee for each transaction, and the amount depends on the cryptocurrency you are withdrawing. The fee is deducted from the total amount you are withdrawing. It's important to consider these fees and factor them into your decision-making process.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees for withdrawing cash from Binance to your bank. Binance charges a withdrawal fee that is based on the cryptocurrency you are withdrawing. The fee is deducted from the total amount you are withdrawing. It's important to be aware of these fees and factor them into your calculations when planning a withdrawal.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees for withdrawing cash from Binance to your bank. Binance charges a withdrawal fee for each transaction, and the amount depends on the cryptocurrency you are withdrawing. It's important to check the fee schedule on Binance's website for the most up-to-date information on withdrawal fees. Additionally, your bank may also charge a fee for receiving the funds. It's recommended to contact your bank to inquire about their fees before initiating a withdrawal.