Are there any fees associated with wire transfers on Binance US?
Can you tell me if there are any fees associated with wire transfers on Binance US? I'm considering using wire transfers to deposit funds into my Binance US account, but I want to know if there are any fees involved before I proceed.
6 answers
- Pappu KharadiApr 29, 2022 · 4 years agoYes, there are fees associated with wire transfers on Binance US. The fees vary depending on the amount you are transferring. For transfers below $1,000, the fee is $15. For transfers between $1,000 and $5,000, the fee is $25. And for transfers above $5,000, the fee is 0.1% of the transferred amount. These fees are deducted from the transferred amount.
- DataNerdNoneUseFeb 24, 2024 · 2 years agoUnfortunately, yes. Binance US charges fees for wire transfers. The fees depend on the amount you are transferring. For transfers below $1,000, the fee is $15. For transfers between $1,000 and $5,000, the fee is $25. And for transfers above $5,000, the fee is 0.1% of the transferred amount. It's important to keep these fees in mind when deciding whether to use wire transfers on Binance US.
- blaineAug 12, 2024 · 2 years agoYes, there are fees associated with wire transfers on Binance US. The fees are as follows: for transfers below $1,000, the fee is $15; for transfers between $1,000 and $5,000, the fee is $25; and for transfers above $5,000, the fee is 0.1% of the transferred amount. These fees are deducted from the transferred amount. Please note that these fees are subject to change, so it's always a good idea to check the latest fee schedule on the Binance US website.
- MRoseMay 10, 2021 · 5 years agoSure, there are fees associated with wire transfers on Binance US. The fee structure is as follows: for transfers below $1,000, the fee is $15; for transfers between $1,000 and $5,000, the fee is $25; and for transfers above $5,000, the fee is 0.1% of the transferred amount. These fees are deducted from the transferred amount. Keep in mind that wire transfers may also incur fees from your bank, so it's worth checking with them as well.
- Carlo SperatiMar 23, 2025 · a year agoYes, wire transfers on Binance US do come with fees. The fee structure is as follows: for transfers below $1,000, the fee is $15; for transfers between $1,000 and $5,000, the fee is $25; and for transfers above $5,000, the fee is 0.1% of the transferred amount. These fees are deducted from the transferred amount. If you're looking for a fee-free option, you might consider using cryptocurrencies for deposits instead.
- Hester HennebergJun 17, 2021 · 5 years agoYes, there are fees associated with wire transfers on Binance US. The fees depend on the amount you are transferring. For transfers below $1,000, the fee is $15. For transfers between $1,000 and $5,000, the fee is $25. And for transfers above $5,000, the fee is 0.1% of the transferred amount. These fees are deducted from the transferred amount. However, please note that BYDFi, another cryptocurrency exchange, offers fee-free wire transfers for deposits. You might want to consider using BYDFi if you're looking to avoid wire transfer fees.
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