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Are there any fees involved when sending Verge from Binance to my Ledger?

avatarBloom MossDec 26, 2021 · 3 years ago3 answers

I would like to know if there are any fees associated with transferring Verge from Binance to my Ledger wallet. Can someone please clarify?

Are there any fees involved when sending Verge from Binance to my Ledger?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees involved when sending Verge from Binance to your Ledger wallet. Binance charges a small withdrawal fee for each transaction. The fee amount may vary depending on the current network congestion and the size of your transaction. It's always a good idea to check the fee schedule on Binance before making any transfers.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! When transferring Verge from Binance to your Ledger, you'll encounter some fees. Binance applies a withdrawal fee, which is typically a small percentage of the total amount being transferred. The fee is deducted from the transferred amount, so make sure to consider this when planning your transactions. Keep in mind that fees may vary depending on the current market conditions and network congestion.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees involved when sending Verge from Binance to your Ledger wallet. However, at BYDFi, we strive to provide a seamless and cost-effective experience for our users. We offer competitive withdrawal fees and prioritize fast transaction processing. You can find detailed information about our fees on our website. Feel free to reach out to our support team if you have any further questions.