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What are the fees for purchasing cryptocurrency with a credit card on Binance?

avatarAnraiDec 18, 2021 · 3 years ago3 answers

Can you please provide me with detailed information about the fees associated with purchasing cryptocurrency using a credit card on Binance? I would like to know the exact charges and any additional fees that may be applicable.

What are the fees for purchasing cryptocurrency with a credit card on Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When purchasing cryptocurrency with a credit card on Binance, there are a few fees to consider. Firstly, Binance charges a 3.5% fee for credit card purchases. Additionally, your credit card provider may charge a cash advance fee, as cryptocurrency purchases are often treated as cash advances. It's important to check with your credit card provider to understand their specific fees. Lastly, keep in mind that there may be additional fees for currency conversion if you're purchasing cryptocurrency using a credit card denominated in a different currency than the cryptocurrency you're buying.
  • avatarDec 18, 2021 · 3 years ago
    Buying cryptocurrency with a credit card on Binance comes with a 3.5% fee. This fee is charged by Binance and is applicable to all credit card purchases. It's worth noting that this fee may vary depending on your location and the specific credit card you're using. Additionally, your credit card provider may charge a cash advance fee, so it's important to check with them for any additional charges. Overall, it's important to consider these fees when deciding to purchase cryptocurrency with a credit card on Binance.
  • avatarDec 18, 2021 · 3 years ago
    When purchasing cryptocurrency with a credit card on Binance, you'll encounter a 3.5% fee. This fee is charged by Binance and is applicable to all credit card transactions. It's important to note that this fee is subject to change and may vary based on your location and the specific credit card you're using. Additionally, your credit card provider may charge a cash advance fee, so it's advisable to check with them for any additional charges. As always, it's recommended to carefully review the fees and terms before making any transactions.