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Are there any fees associated with swapping BUSD to USDT on Binance?

avatarCarl Farris CarlDec 17, 2021 · 3 years ago7 answers

I want to swap my BUSD to USDT on Binance, but I'm not sure if there are any fees associated with this transaction. Can someone please clarify if there are any fees involved when swapping BUSD to USDT on Binance?

Are there any fees associated with swapping BUSD to USDT on Binance?

7 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are fees associated with swapping BUSD to USDT on Binance. Binance charges a trading fee of 0.1% for each swap transaction. This fee is deducted from the amount of USDT you receive. So, if you swap 100 BUSD to USDT, you will receive 99.9 USDT after deducting the trading fee.
  • avatarDec 17, 2021 · 3 years ago
    Swapping BUSD to USDT on Binance incurs a trading fee. The fee is 0.1% of the transaction amount and is automatically deducted from the USDT you receive. It's important to consider this fee when planning your swaps to ensure you get the desired amount of USDT.
  • avatarDec 17, 2021 · 3 years ago
    When swapping BUSD to USDT on Binance, there is a trading fee of 0.1% applied to the transaction. This fee is deducted from the USDT you receive. Keep in mind that the fee may vary depending on the current fee structure of Binance. For more accurate and up-to-date information, it's recommended to check Binance's official website or contact their customer support.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there is a trading fee associated with swapping BUSD to USDT on Binance. The fee is 0.1% of the transaction amount and is automatically deducted from the USDT you receive. However, please note that fees may vary and it's always a good idea to check Binance's fee schedule for the most accurate information.
  • avatarDec 17, 2021 · 3 years ago
    Swapping BUSD to USDT on Binance does come with a trading fee. The fee is 0.1% of the transaction amount and is deducted from the USDT you receive. Keep in mind that this fee is subject to change, so it's a good idea to check Binance's fee schedule for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there is a trading fee when swapping BUSD to USDT on Binance. The fee is 0.1% of the transaction amount and is automatically deducted from the USDT you receive. It's important to consider this fee when planning your swaps to ensure you get the expected amount of USDT.
  • avatarDec 17, 2021 · 3 years ago
    When swapping BUSD to USDT on Binance, there is a trading fee of 0.1% applied to the transaction. This fee is deducted from the USDT you receive. Please note that this fee is subject to change and it's recommended to check Binance's fee schedule for the most accurate and up-to-date information.