What are the fees associated with using Binance Mastercard for digital currency transactions?

3 answers

• Mar 19, 2022 · 3 years ago
  Sure! When using the Binance Mastercard for digital currency transactions, there are several fees to consider. Firstly, there is an issuance fee of $15 for the card itself. Additionally, there is a monthly maintenance fee of $5. When making digital currency transactions, there is a 2% fee applied to each transaction. This fee is calculated based on the transaction amount. It's important to note that these fees may vary and it's always a good idea to check the latest fee schedule on the Binance website for the most accurate information.
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• Mar 19, 2022 · 3 years ago
  The fees associated with using the Binance Mastercard for digital currency transactions include an issuance fee, a monthly maintenance fee, and a transaction fee. The issuance fee is $15 and covers the cost of obtaining the card. The monthly maintenance fee is $5 and is charged to keep the card active. The transaction fee is 2% of the transaction amount and is deducted from the total. These fees are in line with industry standards and ensure the smooth operation of the Binance Mastercard.
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• Mar 19, 2022 · 3 years ago
  When using the Binance Mastercard for digital currency transactions, there are a few fees to be aware of. Firstly, there is an issuance fee of $15 to obtain the card. Additionally, there is a monthly maintenance fee of $5 to keep the card active. Lastly, there is a transaction fee of 2% applied to each digital currency transaction. This fee is calculated based on the transaction amount. It's important to consider these fees when using the Binance Mastercard and factor them into your overall transaction costs.
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