common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with sending Tether from Binance to KuCoin?

avatarFrazier BradfordDec 17, 2021 · 3 years ago3 answers

I want to send Tether from my Binance account to my KuCoin account. Are there any fees associated with this transaction? How much will it cost me?

Are there any fees associated with sending Tether from Binance to KuCoin?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with sending Tether from Binance to KuCoin. The fees vary depending on the amount you are sending and the current network congestion. It is recommended to check the fees on both Binance and KuCoin before making the transaction. Keep in mind that there may also be additional fees for converting Tether to other cryptocurrencies on KuCoin.
  • avatarDec 17, 2021 · 3 years ago
    Sending Tether from Binance to KuCoin does come with fees. The fees are usually a small percentage of the total amount being sent. It's important to note that these fees are not set by Binance or KuCoin, but rather by the Tether network itself. So, the fees may vary depending on the network conditions at the time of the transaction.
  • avatarDec 17, 2021 · 3 years ago
    When sending Tether from Binance to KuCoin, there will be fees involved. However, the exact fees can vary depending on the current market conditions and network congestion. It's best to check the fees on both Binance and KuCoin platforms before initiating the transfer. Additionally, keep in mind that fees may also apply when converting Tether to other cryptocurrencies on KuCoin. For more accurate and up-to-date information, you can visit the official websites of both exchanges.