Are there any fees associated with buying crypto with a bank transfer on Binance?
crawme jokiDec 17, 2024 · a year ago3 answers
What are the fees associated with purchasing cryptocurrencies using a bank transfer on Binance? Do I need to pay any additional charges apart from the transaction amount?
3 answers
- Rounit kumarSep 04, 2023 · 2 years agoYes, there are fees associated with buying crypto using a bank transfer on Binance. The fees vary depending on the type of cryptocurrency you are purchasing and the amount you are buying. Binance charges a flat fee for bank transfers, which is typically a small percentage of the transaction amount. It's important to check the fee schedule on Binance's website for the most up-to-date information on fees.
- bestsniperMay 27, 2025 · 6 months agoWhen buying crypto with a bank transfer on Binance, you may encounter fees. These fees are usually based on a percentage of the transaction amount and can vary depending on the specific cryptocurrency you are purchasing. It's always a good idea to review the fee schedule on Binance's website before making a purchase to understand the exact fees you may be charged.
- NikolaMar 11, 2021 · 5 years agoYes, there are fees associated with buying crypto using a bank transfer on Binance. However, the fees are relatively low compared to other platforms. Binance aims to provide competitive fees to its users, ensuring a cost-effective way to buy cryptocurrencies. It's recommended to check the fee schedule on Binance's website for the most accurate and up-to-date information on fees.
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