Are there any fees involved in withdrawing money from Binance to a bank account?

6 answers

• Paul DAngelo JrJan 22, 2022 · 4 years ago
  Yes, there are fees involved in withdrawing money from Binance to a bank account. The fees vary depending on the cryptocurrency you are withdrawing and the bank you are using. Binance charges a flat fee for each withdrawal, which is deducted from the total amount you are withdrawing. Additionally, your bank may also charge a fee for receiving the funds. It's important to check the fee schedule on Binance's website and contact your bank to understand the exact fees involved.
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• Hrithik PariharFeb 03, 2025 · a year ago
  Absolutely! When you withdraw money from Binance to a bank account, there are fees associated with the transaction. These fees are typically a percentage of the total amount you are withdrawing. The exact percentage varies depending on the cryptocurrency and the bank you are using. It's always a good idea to check the fee schedule on Binance's website and contact your bank for more information.
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• Md Saha Alom BebsaOct 05, 2024 · a year ago
  Yes, there are fees involved in withdrawing money from Binance to a bank account. However, the fees are relatively low compared to other exchanges. Binance charges a flat fee for each withdrawal, which is deducted from the total amount you are withdrawing. The fee amount depends on the cryptocurrency you are withdrawing. For more detailed information, you can visit Binance's website or contact their customer support.
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• BÜŞRA KARANMay 24, 2024 · 2 years ago
  Withdrawal fees are an important consideration when moving funds from Binance to a bank account. Binance charges a fee for each withdrawal, which is deducted from the total amount you are withdrawing. The fee amount varies depending on the cryptocurrency you are withdrawing. It's advisable to review the fee schedule on Binance's website to understand the specific fees for your desired withdrawal. Additionally, your bank may also charge a fee for receiving the funds, so it's worth checking with them as well.
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• sojib khanSep 01, 2023 · 2 years ago
  When it comes to withdrawing money from Binance to a bank account, there are indeed fees involved. Binance charges a fee for each withdrawal, which is deducted from the total amount you are withdrawing. The fee amount depends on the cryptocurrency you are withdrawing and can be found in Binance's fee schedule. It's important to keep in mind that your bank may also charge a fee for receiving the funds. To get a clear understanding of the fees involved, it's recommended to check both Binance's fee schedule and your bank's policies.
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• CEM_88Mar 04, 2023 · 3 years ago
  BYDFi is a great platform for withdrawing money from Binance to a bank account. They offer competitive fees and a seamless withdrawal process. The fees for withdrawing money from Binance to a bank account vary depending on the cryptocurrency and the bank you are using. It's always a good idea to check the fee schedule on Binance's website and contact your bank for more information. With BYDFi, you can enjoy a hassle-free withdrawal experience.
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