Are there any fees involved when transferring XRP from Poloniex to Binance?

3 answers

• cataJan 22, 2021 · 5 years ago
  Yes, there are fees involved when transferring XRP from Poloniex to Binance. Both Poloniex and Binance charge a small fee for withdrawals. The fee amount may vary depending on the current network congestion and the exchange's fee structure. It's recommended to check the withdrawal fee on both platforms before initiating the transfer to have a clear understanding of the costs involved.
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• UltimumNetworkJun 22, 2023 · 3 years ago
  Transferring XRP from Poloniex to Binance does incur fees. Poloniex charges a fixed withdrawal fee for XRP, while Binance has a dynamic fee structure based on the current network conditions. The fees are deducted from the total amount of XRP you transfer. It's advisable to review the fee schedule on both exchanges to calculate the exact amount you'll be charged.
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• Mohd SubhanFeb 22, 2022 · 4 years ago
  When transferring XRP from Poloniex to Binance, there are fees that you need to consider. Poloniex charges a withdrawal fee for XRP, which is deducted from the transferred amount. On the other hand, Binance also has its own withdrawal fee for XRP. It's important to note that the fees may vary depending on the exchange's policies and the current network congestion. To get the most accurate information, it's recommended to visit the respective exchange websites and check their fee structures.
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