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Are there any fees for converting BUSD to USDT in Binance?

avatarBundgaard MarcussenDec 18, 2021 · 3 years ago3 answers

I'm planning to convert BUSD to USDT in Binance, but I'm not sure if there are any fees involved. Can someone please clarify if there are any fees for converting BUSD to USDT in Binance?

Are there any fees for converting BUSD to USDT in Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, there are fees for converting BUSD to USDT in Binance. The fees vary depending on the amount you are converting and the current market conditions. It's always a good idea to check the fee schedule on Binance's website for the most up-to-date information.
  • avatarDec 18, 2021 · 3 years ago
    Converting BUSD to USDT in Binance does involve fees. The fees are typically a small percentage of the total amount being converted. It's important to consider these fees when deciding whether to convert your BUSD to USDT.
  • avatarDec 18, 2021 · 3 years ago
    When converting BUSD to USDT in Binance, there may be fees involved. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers fee-free conversions for BUSD to USDT. So if you're looking to avoid fees, you might consider using BYDFi instead.