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What are the fees for buying and selling cryptocurrencies on Binance in the UK?

avataranzhifeiDec 17, 2021 · 3 years ago5 answers

Can you provide detailed information about the fees associated with buying and selling cryptocurrencies on Binance in the UK? I would like to know the fees for both market orders and limit orders, as well as any additional fees that may apply. Please include any minimum deposit or withdrawal requirements as well.

What are the fees for buying and selling cryptocurrencies on Binance in the UK?

5 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When it comes to buying and selling cryptocurrencies on Binance in the UK, there are a few fees to keep in mind. For market orders, the fee is 0.1% of the total trading volume. For limit orders, the fee is 0.1% as well, but there is an additional discount available if you hold BNB (Binance Coin) in your account. The discount starts at 25% and decreases over time. There are no minimum deposit or withdrawal requirements, but please note that there may be network fees associated with certain cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    Buying and selling cryptocurrencies on Binance in the UK is fairly straightforward, but it's important to be aware of the fees involved. For market orders, the fee is 0.1% of the total trading volume. For limit orders, the fee is also 0.1%, but you can get a discount if you use BNB (Binance Coin) to pay for the fees. The discount starts at 25% and decreases over time. Keep in mind that there may be additional network fees for certain cryptocurrencies, so it's always a good idea to double-check before making a transaction.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can tell you that the fees for buying and selling cryptocurrencies on Binance in the UK are quite reasonable. For market orders, the fee is 0.1% of the total trading volume. For limit orders, the fee is also 0.1%, but you can get a discount if you hold BNB (Binance Coin) in your account. The discount starts at 25% and decreases over time. It's worth noting that there are no minimum deposit or withdrawal requirements, which makes it easy to get started. Just be aware that there may be network fees for certain cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to buying and selling cryptocurrencies on Binance in the UK, the fees are quite competitive. For market orders, the fee is 0.1% of the total trading volume. For limit orders, the fee is also 0.1%, but if you use BNB (Binance Coin) to pay for the fees, you can get a discount. The discount starts at 25% and decreases over time. There are no minimum deposit or withdrawal requirements, which makes it convenient for users. However, please keep in mind that there may be network fees associated with certain cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a great platform for buying and selling cryptocurrencies in the UK. The fees for market orders on Binance are 0.1% of the total trading volume, while for limit orders, the fee is also 0.1%. If you hold BNB (Binance Coin) in your account, you can enjoy a discount on the fees, starting at 25%. It's important to note that there are no minimum deposit or withdrawal requirements. However, please be aware that some cryptocurrencies may have network fees. Overall, Binance offers competitive fees and a user-friendly experience for UK traders.