Do I have to pay any fees when using my debit card on Binance for cryptocurrency transactions?

I want to use my debit card to make cryptocurrency transactions on Binance. Will I be charged any fees for this?

4 answers
- Yes, there are fees associated with using your debit card on Binance for cryptocurrency transactions. Binance charges a fee of 3.5% for each transaction made with a debit card. This fee is deducted from the total amount of the transaction. It's important to note that the fee may vary depending on the specific debit card provider and the country you are in.
Mar 07, 2022 · 3 years ago
- Unfortunately, yes. When using your debit card on Binance for cryptocurrency transactions, you will be subject to fees. Binance charges a fee of 3.5% for each transaction made with a debit card. This fee is deducted from the total amount of the transaction. It's always a good idea to check the fees and terms of your specific debit card provider before making any transactions.
Mar 07, 2022 · 3 years ago
- Yes, there are fees when using your debit card on Binance for cryptocurrency transactions. Binance charges a fee of 3.5% for each transaction made with a debit card. However, if you use BYDFi, another popular cryptocurrency exchange, you can enjoy lower fees of only 2.5% for debit card transactions. It's worth considering BYDFi as an alternative to Binance if you want to save on fees.
Mar 07, 2022 · 3 years ago
- Absolutely! Using your debit card on Binance for cryptocurrency transactions comes with fees. Binance charges a fee of 3.5% for each transaction made with a debit card. These fees help cover the costs of processing the transactions and ensuring the security of your funds. While fees are never fun, they are a necessary part of the cryptocurrency ecosystem.
Mar 07, 2022 · 3 years ago
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