How can I buy USTC on Binance and what are the fees involved?
Amzad KhanNov 27, 2021 · 3 years ago3 answers
I'm interested in buying USTC on Binance, but I'm not sure how to do it. Can you please guide me through the process of buying USTC on Binance? Also, I would like to know what fees are involved in the transaction.
3 answers
- Nov 27, 2021 · 3 years agoSure, I can help you with that! To buy USTC on Binance, you first need to create an account on the Binance platform. Once you have an account, you can deposit funds into your Binance wallet. After that, you can navigate to the USTC trading pair and place a buy order for the desired amount of USTC. As for the fees, Binance charges a trading fee of 0.1% for each transaction. However, if you hold BNB (Binance Coin) in your account, you can use it to pay for the trading fees and get a discount. The discount rate starts at 25% and decreases over time. So, make sure to check the current fee structure on Binance's website for the most accurate information.
- Nov 27, 2021 · 3 years agoBuying USTC on Binance is a straightforward process. First, sign up for an account on Binance and complete the necessary verification steps. Once your account is set up, you can deposit funds into your Binance wallet. After that, go to the USTC trading page and place a buy order with the desired amount of USTC. Binance charges a trading fee of 0.1% for each transaction. However, if you use BNB to pay for the fees, you can enjoy a discount. The discount rate is 25% in the first year, and it decreases gradually over time. Keep in mind that fees may vary, so it's always a good idea to check Binance's fee schedule for the most up-to-date information.
- Nov 27, 2021 · 3 years agoBuying USTC on Binance is quite simple. First, you need to create an account on Binance if you don't have one already. Once you have an account, you can deposit funds into your Binance wallet. After that, go to the USTC trading pair and place a buy order for the desired amount of USTC. Binance charges a trading fee of 0.1% for each transaction. However, if you hold BNB in your account, you can use it to pay for the fees and get a discount. The discount rate starts at 25% and decreases over time. Please note that fees may change, so it's always a good idea to check Binance's website for the latest fee structure. If you have any further questions, feel free to ask!
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