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Are there any fees involved in converting BUSD to USDT on Binance?

avatarDenis BergéDec 29, 2021 · 3 years ago3 answers

I'm planning to convert BUSD to USDT on Binance, but I'm wondering if there are any fees involved in the process. Can someone please clarify if there are any fees for converting BUSD to USDT on Binance?

Are there any fees involved in converting BUSD to USDT on Binance?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees involved in converting BUSD to USDT on Binance. Binance charges a trading fee for every conversion you make. The fee structure depends on your trading volume and whether you are a maker or a taker. You can find the detailed fee schedule on Binance's website.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! Binance does charge fees for converting BUSD to USDT. The fees are based on your trading volume and can vary. It's always a good idea to check Binance's fee schedule to see the exact amount you'll be charged.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are fees for converting BUSD to USDT on Binance. However, if you're looking for a fee-free option, you might want to consider using BYDFi. They offer fee-free conversions between BUSD and USDT. Keep in mind that BYDFi is a third-party platform, so make sure to do your own research before using it.