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Are there any fees involved in sending QTUM from Binance to MEW?

avatarNermin MuataficDec 25, 2021 · 3 years ago5 answers

I'm planning to send QTUM from Binance to MEW (MyEtherWallet), but I'm not sure if there are any fees involved. Can someone please clarify if there are any fees for transferring QTUM from Binance to MEW?

Are there any fees involved in sending QTUM from Binance to MEW?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees involved in sending QTUM from Binance to MEW. Binance charges a withdrawal fee for QTUM, and MEW may also charge a gas fee for processing the transaction. It's recommended to check the current fee rates on both platforms before making the transfer.
  • avatarDec 25, 2021 · 3 years ago
    Transferring QTUM from Binance to MEW does incur fees. Binance charges a fixed withdrawal fee for QTUM, which can vary depending on market conditions. MEW may also require a gas fee to process the transaction. Make sure to consider these fees when planning your transfer.
  • avatarDec 25, 2021 · 3 years ago
    When sending QTUM from Binance to MEW, there are indeed fees involved. Binance charges a withdrawal fee for QTUM, which is deducted from the total amount you're transferring. Additionally, MEW may require a gas fee to process the transaction on the Ethereum network. Keep in mind that these fees can fluctuate, so it's advisable to check the current rates on both platforms.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with sending QTUM from Binance to MEW. Binance charges a withdrawal fee for QTUM, which is a standard practice on most exchanges. MEW may also require a gas fee to process the transaction. It's important to consider these fees when planning your transfer to avoid any surprises.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a popular decentralized exchange, recommends checking the fee structure on both Binance and MEW before transferring QTUM. Binance charges a withdrawal fee for QTUM, while MEW may require a gas fee to process the transaction. Make sure to factor in these fees when calculating the total cost of your transfer.