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What are the fees associated with transferring Cardano from Binance to Daedalus wallet?

avatarMaazDec 18, 2021 · 3 years ago3 answers

Can you please provide details about the fees involved in transferring Cardano from Binance to Daedalus wallet?

What are the fees associated with transferring Cardano from Binance to Daedalus wallet?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When transferring Cardano from Binance to Daedalus wallet, there are certain fees that you need to consider. Binance charges a withdrawal fee for transferring Cardano to an external wallet. The exact fee amount can vary and is subject to change based on Binance's fee structure. Additionally, the Cardano network itself may also charge a small transaction fee for processing the transfer. It's recommended to check the Binance fee schedule and the Cardano network fee details before initiating the transfer to get an accurate understanding of the fees involved.
  • avatarDec 18, 2021 · 3 years ago
    Transferring Cardano from Binance to Daedalus wallet comes with fees. Binance charges a withdrawal fee for moving Cardano to an external wallet. The fee amount depends on Binance's fee structure, so it's advisable to check their fee schedule for the most up-to-date information. In addition to Binance's fee, the Cardano network may also impose a transaction fee for processing the transfer. Make sure to review the Cardano network's fee details as well. By considering both the Binance withdrawal fee and the Cardano network transaction fee, you can estimate the total fees associated with the transfer.
  • avatarDec 18, 2021 · 3 years ago
    When transferring Cardano from Binance to Daedalus wallet, you'll encounter some fees. Binance charges a withdrawal fee for sending Cardano to an external wallet. The specific fee amount can be found in Binance's fee schedule, which may vary depending on the amount being transferred. Additionally, the Cardano network imposes a transaction fee for processing the transfer. It's important to note that these fees are not fixed and can change over time. To get the most accurate information, check the latest fee details on Binance's website and the Cardano network's documentation.