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Are there any fees for sending Bitshares from Binance?

avatarSakshi ShindeDec 16, 2021 · 3 years ago3 answers

What are the fees associated with sending Bitshares from Binance? How much does it cost to transfer Bitshares from Binance to another wallet?

Are there any fees for sending Bitshares from Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees for sending Bitshares from Binance. The fee structure may vary depending on the current network congestion and market conditions. It is recommended to check the Binance website or contact their customer support for the most up-to-date fee information. The fees are usually deducted from the total amount being sent.
  • avatarDec 16, 2021 · 3 years ago
    When sending Bitshares from Binance, there will be transaction fees involved. These fees are necessary to ensure the security and efficiency of the network. The exact amount of fees can vary and is determined by factors such as network congestion and transaction size. It is advisable to review the fee schedule on the Binance platform or reach out to their support team for specific details.
  • avatarDec 16, 2021 · 3 years ago
    As of my knowledge, BYDFi charges a flat fee of 0.1% for sending Bitshares from Binance. This fee is deducted from the total amount being sent. However, please note that fee structures may change over time, so it's always a good idea to check the latest information on the Binance website or contact their customer support for the most accurate and up-to-date fee details.