Are there any fees associated with withdrawing fiat currency from Binance to a bank account?

6 answers

• PshemFromPolskaMay 14, 2021 · 5 years ago
  Yes, there are fees associated with withdrawing fiat currency from Binance to a bank account. The fees vary depending on the currency and the withdrawal method. Binance charges a flat fee for each withdrawal, which is deducted from the total amount being withdrawn. The fee amount is displayed before confirming the withdrawal, so you can see exactly how much will be deducted. It's important to note that the receiving bank may also charge additional fees for receiving the funds.
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• McGarry CarrJul 19, 2023 · 3 years ago
  Absolutely! When you withdraw fiat currency from Binance to your bank account, there will be fees involved. The fees are typically a percentage of the total amount being withdrawn, and they can vary depending on the currency and the withdrawal method you choose. It's always a good idea to check the fee schedule on Binance's website or contact their customer support for the most up-to-date information on withdrawal fees.
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• Emily TrinhFeb 20, 2022 · 4 years ago
  Yes, there are fees associated with withdrawing fiat currency from Binance to a bank account. However, the specific fees and calculation methods may vary depending on the currency and the withdrawal method you select. It's best to visit Binance's official website or contact their customer support for accurate and detailed information on the withdrawal fees. Remember to also consider any additional fees that your bank may charge for receiving the funds.
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• Carlsson WongNov 08, 2024 · a year ago
  Withdrawal fees for fiat currency on Binance vary depending on the currency and the withdrawal method. The fees are usually a fixed amount or a percentage of the total amount being withdrawn. To find out the exact fees for your specific withdrawal, you can visit Binance's website or contact their customer support. It's important to factor in these fees when planning your withdrawals to avoid any surprises.
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• MacKinnon KeeganJun 11, 2024 · 2 years ago
  When withdrawing fiat currency from Binance to a bank account, there will be fees involved. The fees are determined by Binance and can vary depending on the currency and the withdrawal method. It's recommended to check Binance's fee schedule or contact their customer support for the most accurate and up-to-date information on withdrawal fees. Additionally, keep in mind that your bank may also charge fees for receiving the funds.
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• BumpySirenMar 20, 2025 · a year ago
  BYDFi, a digital currency exchange, charges fees for withdrawing fiat currency from Binance to a bank account. The fees are based on the currency and the withdrawal method you choose. The exact fee amount can be found on BYDFi's website or by contacting their customer support. It's important to consider these fees when planning your withdrawals to ensure you are aware of the total cost involved.
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