Is Binance Transaction Fee Friendly?

[Bisolami]

A lot of people trade cryptocurrency. One thing I know is that these exchange platforms have different transaction fees.
Are you cool with their transaction fee?

 

[Shavkat]

A lot of people trade cryptocurrency. One thing I know is that these exchange platforms have different transaction fees.
Are you cool with their transaction fee?

Honestly, I do not want to have transaction fees. But I need to deal with it.

 

[Bisolami]

Honestly, I do not want to have transaction fees. But I need to deal with it.

Lol. It should be part of us already. We need transaction fees for almost everything

 

[Ubcash]

For some time now I have not done any crypto transaction so I can't tell the fees now. But some of them can be so high which can discourage members of the platform.

 

[Hate2Wait]

I tried Binance but I faced issues with KYC so I deleted the app but I like the app because with how we can work with it and receive payments.

 

[Shavkat]

Lol. It should be part of us already. We need transaction fees for almost everything

I agree. Well, I hope I could find a site to earn passively.

 

[Stardom22]

Honestly speaking I have never transacted with binace before. I am not into crypto currency that's why.

 

[Enxx]

Binance transaction fee is one of the lowest fees. The best part is that we don't have to pay for any fee if we use binance pay

 

[Golden9]

A lot of people trade cryptocurrency. One thing I know is that these exchange platforms have different transaction fees.
Are you cool with their transaction fee?

Binance has one of the lowest transaction fees. It even has a promo going on now to trade Bitcoin and Ethereum with zero fees.

 

[hastral45]

As for me, i use binance because their exchange fees is minimal compare with other exchangers. Also, they dont have other hiding cost apart from their stated exchange fees.

 

[Stardom22]

I have never used binace before. So I have no idea of their transactional fee for sure

 

[Reedex]

All the transaction that you do on binance is quite reasonable if you're doing it within binance but if you're doing it from one exchange to another, it will cost you some money.

 

[Bisolami]

Sure
I think this is the same as other exchange platforms. If you are sending to another exchange, it will cost you more charges. I think it is general

All the transaction that you do on binance is quite reasonable if you're doing it within binance but if you're doing it from one exchange to another, it will cost you some money.

 

[Johnson2468]

Binance is considered to be one of the more affordable cryptocurrency exchanges when it comes to transaction fees. They charge a flat 0.1% fee on all trades, which is lower than the industry average of around 0.25%

 

[Niyi Briggs]

Does binance have transaction fees? I don't know about that. How come trendri sends out money to us without any charges?

 

[Magnus2022]

Binance fee on transactions is relatively affordable when you compare with other exchanges. Now, most of transaction done with BUSD is free. I think Binance want to use the opportunity to attract people or cryto trader to their coin. Secondly, most peer to peer transaction is free.

 

[nomad]

P2P is zero commission trading feature on Binance. Convert feature that allows conversion between different currencies is also free.

 

[Reedex]

It is extremely wonderful platform because it has shown to be the best platform in the cryptocurrency exchange arena with very minimal transaction fee.

 

[eldavis]

Transaction fees can be pretty annoying but in the end it's not something we can actually avoid. I had q binance account before but i found the app rather confusing.

 

[Hate2Wait]

I have used it for a very short period and I think the fee wasn't too much but we all like the fee to be a lot lower but the wallet/ exchange also needs to earn to survive