What are the fees associated with P2P transactions on Binance.us?

5 answers

• Dec 28, 2021 · 3 years ago
  When it comes to P2P transactions on Binance.us, there are a few fees that you should be aware of. First, there is a trading fee of 0.1% for both the buyer and the seller. This fee is based on the total transaction amount and is deducted from the buyer's account. Additionally, there may be network fees associated with the specific cryptocurrency you are trading. These network fees are paid to the miners who process and validate the transactions on the blockchain. The amount of network fees can vary depending on the cryptocurrency and the current network congestion. It's important to note that Binance.us does not charge any deposit or withdrawal fees for P2P transactions. However, you may still incur fees when transferring funds to and from your Binance.us account, depending on the payment method and the cryptocurrency you are using. It's always a good idea to review the fee schedule on the Binance.us website for the most up-to-date information.
  958479
• Dec 28, 2021 · 3 years ago
  Ah, the fees associated with P2P transactions on Binance.us! Let me break it down for you. When you engage in a P2P transaction on Binance.us, there is a trading fee of 0.1% for both the buyer and the seller. This fee is calculated based on the total transaction amount and is deducted from the buyer's account. In addition to the trading fee, there may be network fees for the specific cryptocurrency you are trading. These network fees are paid to the miners who validate and process the transactions on the blockchain. The amount of network fees can vary depending on the cryptocurrency and the current network congestion. It's worth noting that Binance.us does not charge any deposit or withdrawal fees for P2P transactions. However, keep in mind that there may still be fees associated with transferring funds to and from your Binance.us account, depending on the payment method and the cryptocurrency you are using. To get the most accurate and up-to-date information on fees, I recommend checking out the fee schedule on the Binance.us website.
  1051351
• Dec 28, 2021 · 3 years ago
  When it comes to P2P transactions on Binance.us, you'll be happy to know that the fees are quite reasonable. Both the buyer and the seller are charged a trading fee of 0.1% based on the total transaction amount. This fee is automatically deducted from the buyer's account. In addition to the trading fee, there may be network fees associated with the specific cryptocurrency you are trading. These network fees are paid to the miners who validate and process the transactions on the blockchain. The amount of network fees can vary depending on the cryptocurrency and the current network congestion. It's important to note that Binance.us does not charge any deposit or withdrawal fees for P2P transactions. However, there may still be fees associated with transferring funds to and from your Binance.us account, depending on the payment method and the cryptocurrency you are using. If you want to stay updated on the latest fee information, I recommend visiting the Binance.us website.
  985247
• Dec 28, 2021 · 3 years ago
  As an expert in the field, I can tell you that P2P transactions on Binance.us come with a trading fee of 0.1% for both the buyer and the seller. This fee is calculated based on the total transaction amount and is deducted from the buyer's account. Additionally, there may be network fees associated with the specific cryptocurrency you are trading. These network fees are paid to the miners who validate and process the transactions on the blockchain. The amount of network fees can vary depending on the cryptocurrency and the current network congestion. It's worth mentioning that Binance.us does not charge any deposit or withdrawal fees for P2P transactions. However, keep in mind that there may still be fees associated with transferring funds to and from your Binance.us account, depending on the payment method and the cryptocurrency you are using. For the most accurate and up-to-date information on fees, I recommend checking out the fee schedule on the Binance.us website.
  982197
• Dec 28, 2021 · 3 years ago
  BYDFi, a digital currency exchange, offers P2P transactions with competitive fees. When it comes to fees on Binance.us, both the buyer and the seller are charged a trading fee of 0.1% based on the total transaction amount. This fee is deducted from the buyer's account. In addition to the trading fee, there may be network fees associated with the specific cryptocurrency you are trading. These network fees are paid to the miners who validate and process the transactions on the blockchain. The amount of network fees can vary depending on the cryptocurrency and the current network congestion. It's important to note that Binance.us does not charge any deposit or withdrawal fees for P2P transactions. However, there may still be fees associated with transferring funds to and from your Binance.us account, depending on the payment method and the cryptocurrency you are using. To get the most accurate and up-to-date information on fees, I recommend visiting the Binance.us website.
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