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Are there any fees involved when cashing out bitcoin to USD on Binance?

avatarAlhaji Bunu MohammedDec 16, 2021 · 3 years ago3 answers

What are the fees associated with converting bitcoin to USD on the Binance platform?

Are there any fees involved when cashing out bitcoin to USD on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When cashing out bitcoin to USD on Binance, there are fees involved. Binance charges a fee for withdrawing funds in USD, which varies depending on the withdrawal method chosen. The fees can range from a flat fee to a percentage of the withdrawal amount. It is important to check the Binance fee schedule for the most up-to-date information.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are fees when converting bitcoin to USD on Binance. The fees can be different for each withdrawal method, so it's important to review the fee schedule on the Binance website. The fees are typically reasonable and competitive compared to other cryptocurrency exchanges.
  • avatarDec 16, 2021 · 3 years ago
    When converting bitcoin to USD on Binance, there are fees involved. Binance offers multiple withdrawal methods, including bank transfer and third-party payment processors. The fees vary depending on the chosen method. For more information on fees and withdrawal options, you can visit the Binance website or contact their customer support.