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How can I buy Monero on Binance and what are the fees involved?

avatarmestrelanDec 18, 2021 · 3 years ago3 answers

I want to buy Monero on Binance, but I'm not sure how to do it. Can you guide me through the process and also let me know about the fees involved?

How can I buy Monero on Binance and what are the fees involved?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! Buying Monero on Binance is a straightforward process. First, you need to create an account on Binance if you don't have one already. Once you're logged in, navigate to the 'Buy Crypto' section and select 'Monero' as the cryptocurrency you want to buy. Choose your preferred payment method, enter the amount of Monero you want to purchase, and complete the transaction. As for the fees, Binance charges a standard trading fee of 0.1% for both makers and takers. However, please note that there might be additional fees depending on your payment method and location. It's always a good idea to double-check the fees before making a purchase.
  • avatarDec 18, 2021 · 3 years ago
    Buying Monero on Binance is super easy! Just follow these steps: 1. Sign up for a Binance account if you don't have one. 2. Go to the 'Buy Crypto' section. 3. Select 'Monero' as the cryptocurrency you want to buy. 4. Choose your payment method and enter the amount of Monero you want to purchase. 5. Confirm the transaction and you're done! Regarding the fees, Binance charges a standard trading fee of 0.1%. However, keep in mind that there might be additional fees depending on your payment method. Make sure to check the fee schedule on Binance's website for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Buying Monero on Binance is a breeze! Here's what you need to do: 1. Create an account on Binance if you don't have one already. 2. Navigate to the 'Buy Crypto' section. 3. Choose 'Monero' as the cryptocurrency you want to buy. 4. Select your payment method and enter the amount of Monero you wish to purchase. 5. Confirm the transaction and voila! As for the fees, Binance charges a standard trading fee of 0.1%. However, please note that there might be additional fees depending on your payment method and location. It's always a good idea to review the fee schedule on Binance's website for the most accurate information.