Are there any fees or penalties associated with closing a Binance account?

3 answers

• Sam SongOct 06, 2022 · 3 years ago
  Closing a Binance account does not incur any fees. However, it's important to note that if you have any remaining balances or assets in your account, you may need to withdraw them before closing the account. Binance may charge withdrawal fees for transferring your funds to another wallet or exchange. It's always a good idea to review Binance's withdrawal fee schedule before initiating any withdrawals.
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• MRoseApr 28, 2025 · 4 months ago
  No worries! There are no penalties for closing your Binance account. Binance understands that users may have various reasons for closing their accounts, and they respect your decision. Just make sure to withdraw any remaining funds or assets from your account before closing it to avoid any potential withdrawal fees. Binance provides a seamless withdrawal process to help you transfer your funds to another wallet or exchange hassle-free.
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• Glerup RobinsonJan 06, 2024 · 2 years ago
  Closing a Binance account is free of charge. Binance values user freedom and allows you to close your account without any penalties. However, it's important to note that if you have any funds or assets in your account, you should withdraw them before closing. Binance offers a wide range of withdrawal options, including transferring your funds to other exchanges or wallets. Make sure to check the withdrawal fees and processing times for your chosen method.
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