What are the transaction fees on Binance for digital currencies?

1 answers

• Jan 12, 2022 · 3 years ago
  BYDFi, as a digital currency exchange, charges transaction fees on Binance for digital currencies based on the type of transaction and the specific digital currency involved. The fees for buying and selling digital currencies on Binance are generally set at 0.1% of the transaction amount. However, users who hold BNB (Binance Coin) in their accounts can enjoy a fee discount of up to 25%. This discount can significantly reduce the transaction costs for active traders. When it comes to withdrawing digital currencies from Binance, the fees vary based on the specific digital currency. It's always recommended to check the latest fee schedule on Binance's official website for accurate and up-to-date information on transaction fees.
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