How do the fees for deposits and withdrawals compare between Coinbase and Binance?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to fees for deposits and withdrawals, Coinbase and Binance have different fee structures. Coinbase charges a fee for both deposits and withdrawals, which vary depending on the payment method used. The fees for deposits can range from 1.49% to 3.99%, while the fees for withdrawals can range from $0.15 to $25. On the other hand, Binance does not charge any fees for deposits. However, Binance does have withdrawal fees, which vary depending on the cryptocurrency being withdrawn. These fees can range from 0.0005 BTC to 0.01 BTC, or equivalent in other cryptocurrencies. It's important to note that these fees are subject to change and may vary over time. Overall, if you're looking for lower fees for deposits and don't mind the withdrawal fees, Binance may be a better option for you.
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• Dec 18, 2021 · 3 years ago
  Comparing the fees for deposits and withdrawals between Coinbase and Binance, it's important to consider the specific payment methods and cryptocurrencies you plan to use. Coinbase charges fees for both deposits and withdrawals, with the fees varying depending on the payment method. For example, if you use a bank transfer to deposit funds into Coinbase, there is no fee. However, if you use a debit or credit card, the fee can range from 1.49% to 3.99%. The withdrawal fees on Coinbase also vary depending on the cryptocurrency being withdrawn. On the other hand, Binance does not charge any fees for deposits, regardless of the payment method. However, Binance does have withdrawal fees, which vary depending on the cryptocurrency. It's important to check the latest fee schedules on both platforms to get the most accurate and up-to-date information.
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• Dec 18, 2021 · 3 years ago
  When comparing the fees for deposits and withdrawals between Coinbase and Binance, it's important to note that I work for BYDFi, a cryptocurrency exchange, and I can provide some insights. Coinbase charges fees for both deposits and withdrawals. The fees for deposits vary depending on the payment method used, ranging from 1.49% to 3.99%. Withdrawal fees on Coinbase also vary depending on the cryptocurrency being withdrawn, ranging from $0.15 to $25. On the other hand, Binance does not charge any fees for deposits, regardless of the payment method. However, Binance does have withdrawal fees, which vary depending on the cryptocurrency. These fees can range from 0.0005 BTC to 0.01 BTC, or equivalent in other cryptocurrencies. It's important to compare the fees on both platforms and consider your specific needs and preferences when choosing an exchange.
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