Are there any fees involved in sending QTUM from Binance to MEW?
Nermin 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?
5 answers
- Dec 25, 2021 · 3 years agoYes, 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.
- Dec 25, 2021 · 3 years agoTransferring 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.
- Dec 25, 2021 · 3 years agoWhen 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.
- Dec 25, 2021 · 3 years agoYes, 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.
- Dec 25, 2021 · 3 years agoBYDFi, 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.
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