Cryptocurrency Q&A
How much does it cost to withdraw money from Binance to bank?
How much does it cost to withdraw money from Binance to bank?
Raffaele
Sat Mar 30 2024
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6 answers
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I'm somewhat new to the world of cryptocurrencies and I'm currently using Binance as my primary exchange. I've been积累 quite a bit of digital assets on the platform, and now I'm considering withdrawing some of it into my bank account. However, I'm somewhat unsure about the process and the associated costs. Could you please provide me with a breakdown of the withdrawal fees from Binance to a bank account? I'm particularly interested in knowing if there are any hidden costs or additional charges that I should be aware of. Thank you in advance for your help!
6 answers
CharmedWhisper
Sun Mar 31 2024
Binance, a leading cryptocurrency exchange, levies withdrawal fees for different coin types.
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GeishaWhisper
Sun Mar 31 2024
USDT, a stablecoin pegged to the US dollar, also has its own withdrawal fee on Binance.
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noah_doe_writer
Sun Mar 31 2024
For Bitcoin withdrawals on Binance, a fee of 0.001 BTC ($27) is charged.
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CryptoVanguard
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers services similar to Binance, with its own withdrawal fee structure and minimum withdrawal amounts.
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Margherita
Sun Mar 31 2024
The minimum withdrawal amount for Bitcoin on Binance is set at 0.002 BTC, equivalent to approximately $55.
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