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What are the fees associated with depositing fiat currency into Binance?

avatarKing NnaemekaDec 18, 2021 · 3 years ago3 answers

Can you provide information about the fees charged for depositing fiat currency into Binance? I would like to know the specific fees and any additional charges that may apply.

What are the fees associated with depositing fiat currency into Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When depositing fiat currency into Binance, there are certain fees and charges that you should be aware of. The fees vary depending on the currency and the payment method used. Binance charges a fee of 0.5% for deposits made using bank transfers. For credit/debit card deposits, the fee is 3.5%. It's important to note that these fees are subject to change and it's always a good idea to check the Binance website for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Deposit fees for fiat currency on Binance can vary depending on the currency and the payment method. Bank transfers typically have lower fees compared to credit/debit card deposits. It's recommended to check the Binance website or contact their customer support for the most accurate and up-to-date information regarding deposit fees. Additionally, it's worth considering the convenience and speed of the payment method when choosing between bank transfers and credit/debit card deposits.
  • avatarDec 18, 2021 · 3 years ago
    When depositing fiat currency into Binance, it's important to consider the fees associated with the specific payment method you choose. Binance charges a fee of 0.5% for bank transfers and 3.5% for credit/debit card deposits. These fees are subject to change, so it's always a good idea to check the Binance website for the most current information. Additionally, it's worth noting that some banks or payment processors may charge their own fees for processing the transaction. It's recommended to check with your bank or payment provider for any additional fees that may apply.