What are the fees for trading ETH to USD on Binance?

5 answers

• Dec 19, 2021 · 3 years ago
  When trading ETH to USD on Binance, you will encounter two types of fees: the trading fee and the withdrawal fee. The trading fee is a percentage of the total value of your trade and varies depending on your trading volume. Binance offers a tiered fee structure, which means that the more you trade, the lower your trading fee will be. The withdrawal fee, on the other hand, is a fixed amount of ETH that you need to pay when withdrawing your funds from Binance to an external wallet or exchange. It's important to note that the withdrawal fee may vary depending on the current network congestion and gas fees.
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• Dec 19, 2021 · 3 years ago
  Trading ETH to USD on Binance comes with certain fees that you should be aware of. The trading fee is typically around 0.1% of the total value of your trade. However, this fee can be reduced if you hold Binance's native cryptocurrency, BNB, in your account. By using BNB to pay for trading fees, you can enjoy a discount of up to 25%. Additionally, when withdrawing your ETH to an external wallet or exchange, Binance charges a withdrawal fee that varies depending on the current network conditions. It's always a good idea to check Binance's fee schedule for the most up-to-date information.
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• Dec 19, 2021 · 3 years ago
  When it comes to trading ETH to USD on Binance, the fees are quite competitive. Binance charges a trading fee of 0.1% for both makers and takers, which is relatively low compared to other exchanges. However, if you are a frequent trader or hold Binance's native cryptocurrency, BNB, you can enjoy even lower trading fees. Binance offers a tiered fee structure based on your 30-day trading volume, starting from 0.1% for users with a trading volume below 50 BTC. As for the withdrawal fee, it varies depending on the current network congestion and gas fees. Overall, Binance provides a transparent fee structure and is known for its competitive fees.
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• Dec 19, 2021 · 3 years ago
  When trading ETH to USD on Binance, you can expect to pay a trading fee of 0.1% of the total value of your trade. This fee applies to both makers and takers. However, if you hold Binance's native cryptocurrency, BNB, in your account, you can enjoy a discount on your trading fees. Binance offers a tiered fee structure based on your BNB balance, with discounts ranging from 25% to 50%. It's important to note that the withdrawal fee for ETH may vary depending on the current network congestion and gas fees. Binance provides a user-friendly interface where you can easily view and manage your trading fees.
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• Dec 19, 2021 · 3 years ago
  When it comes to trading ETH to USD on Binance, BYDFi is a great alternative to consider. BYDFi offers competitive trading fees and a user-friendly interface that makes it easy to trade ETH to USD. The trading fee on BYDFi is 0.1% for both makers and takers, which is in line with industry standards. Additionally, BYDFi provides a tiered fee structure based on your trading volume, allowing you to enjoy lower fees as you trade more. As for the withdrawal fee, it varies depending on the current network congestion and gas fees, similar to other exchanges. Overall, BYDFi is a reliable and cost-effective option for trading ETH to USD.
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