How much does it cost to transfer NEO from Binance to a wallet?

3 answers

• Dec 16, 2021 · 3 years ago
  The cost of transferring NEO from Binance to a wallet depends on the current network fees. NEO uses a unique fee structure where the cost is determined by the amount of GAS required for the transaction. GAS is the fuel for the NEO blockchain, and its price can fluctuate. To find out the exact cost, you can check the current GAS price and calculate the fee based on the amount of GAS needed for the transfer. Keep in mind that Binance may also charge a small withdrawal fee on top of the network fees.
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• Dec 16, 2021 · 3 years ago
  Transferring NEO from Binance to a wallet is generally affordable. The cost is primarily determined by the network fees, which can vary depending on the current GAS price. It's important to consider the GAS price and the amount of GAS required for the transaction when calculating the cost. Additionally, Binance may charge a small withdrawal fee. Overall, the cost of transferring NEO from Binance to a wallet is usually reasonable and competitive compared to other cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  When transferring NEO from Binance to a wallet, the cost is determined by the network fees and GAS requirements. The current GAS price plays a significant role in calculating the cost. It's important to note that the fees are not fixed and can vary over time. To get an accurate estimate of the cost, you can check the current GAS price and calculate the fee based on the amount of GAS required for the transfer. Additionally, Binance may charge a small withdrawal fee. It's always a good idea to consider these factors before initiating a transfer.
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