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Are there any fees or charges when selling ETH on Binance?

avatarAmanda GallowayNov 27, 2021 · 3 years ago5 answers

What are the fees and charges associated with selling ETH on Binance?

Are there any fees or charges when selling ETH on Binance?

5 answers

  • avatarNov 27, 2021 · 3 years ago
    When selling ETH on Binance, there are certain fees and charges that you need to be aware of. Binance charges a flat fee of 0.1% for each trade. This means that when you sell ETH, you will be charged 0.1% of the total value of your trade as a fee. Additionally, there may be network fees associated with transferring ETH from your Binance wallet to an external wallet. These network fees are determined by the Ethereum network and can vary depending on network congestion. It's important to consider these fees when selling ETH on Binance to ensure you have a clear understanding of the costs involved.
  • avatarNov 27, 2021 · 3 years ago
    Yes, there are fees and charges when selling ETH on Binance. Binance charges a trading fee of 0.1% for each transaction. This fee is deducted from the total value of your trade. In addition to the trading fee, there may be network fees associated with transferring ETH from Binance to another wallet. These network fees are determined by the Ethereum network and can vary depending on network congestion. It's important to factor in these fees when selling ETH on Binance to accurately calculate your profits.
  • avatarNov 27, 2021 · 3 years ago
    When you sell ETH on Binance, there are fees and charges that you need to consider. Binance charges a flat fee of 0.1% for each trade, which is deducted from the total value of your transaction. Additionally, there may be network fees associated with withdrawing ETH from Binance to an external wallet. These network fees are determined by the Ethereum network and can vary depending on the current network congestion. It's important to be aware of these fees when selling ETH on Binance to ensure you have a clear understanding of the costs involved.
  • avatarNov 27, 2021 · 3 years ago
    Selling ETH on Binance incurs fees and charges. Binance charges a trading fee of 0.1% for each transaction, which is deducted from the total value of your trade. In addition to the trading fee, there may be network fees associated with withdrawing ETH from Binance to another wallet. These network fees are determined by the Ethereum network and can vary depending on the current network congestion. It's important to take these fees into account when selling ETH on Binance to accurately calculate your profits.
  • avatarNov 27, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers competitive fees for selling ETH. When selling ETH on BYDFi, you will be charged a trading fee of 0.1% for each transaction. This fee is deducted from the total value of your trade. Additionally, there may be network fees associated with withdrawing ETH from BYDFi to an external wallet. These network fees are determined by the Ethereum network and can vary depending on the current network congestion. It's important to consider these fees when selling ETH on BYDFi to ensure you have a clear understanding of the costs involved.