Are there any fees associated with transferring funds from Binance to Ledger Nano S?

3 answers

• NileAug 25, 2021 · 4 years ago
  Yes, there are fees associated with transferring funds from Binance to Ledger Nano S. Binance charges a withdrawal fee for each cryptocurrency you transfer out of the exchange. The fee amount varies depending on the specific cryptocurrency. Additionally, Ledger may charge a small transaction fee for receiving funds. It's recommended to check the fee schedule on both Binance and Ledger's websites for the most up-to-date information.
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• Porter BrowningAug 18, 2022 · 3 years ago
  Transferring funds from Binance to Ledger Nano S does involve fees. Binance charges a withdrawal fee, which is deducted from the amount you transfer. The fee amount depends on the cryptocurrency you are transferring. Ledger Nano S itself does not charge any fees for receiving funds. However, please note that there may be network fees associated with the blockchain network on which the cryptocurrency operates.
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• Mohammed Affan R ShaikhsurabFeb 28, 2023 · 2 years ago
  Yes, there are fees associated with transferring funds from Binance to Ledger Nano S. Binance charges a withdrawal fee for each cryptocurrency you transfer. The fee amount depends on the specific cryptocurrency and can be found on Binance's website. As for Ledger Nano S, it does not charge any fees for receiving funds. However, keep in mind that there may be network fees imposed by the blockchain network for processing the transaction.
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