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What is the fee structure for transferring NEO from Binance to a wallet?

avatarAnkyDec 17, 2021 · 3 years ago3 answers

Can you please provide me with the detailed fee structure for transferring NEO from Binance to a wallet? I want to understand the costs involved before making any transactions.

What is the fee structure for transferring NEO from Binance to a wallet?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When transferring NEO from Binance to a wallet, there are usually two types of fees involved. The first fee is the network fee, which is paid to the NEO network for processing the transaction. This fee is typically very low, usually less than 0.1 NEO. The second fee is the withdrawal fee charged by Binance. The withdrawal fee varies depending on the current market conditions and can be found on the Binance website. It's important to note that the withdrawal fee is subject to change, so it's always a good idea to check the latest fee before making any transfers.
  • avatarDec 17, 2021 · 3 years ago
    Transferring NEO from Binance to a wallet comes with certain fees. The network fee, which is paid to the NEO network, is usually minimal and can be as low as 0.1 NEO. Additionally, Binance charges a withdrawal fee for transferring NEO out of their platform. The withdrawal fee can vary and is subject to change based on market conditions. To find the current withdrawal fee, you can visit the Binance website or contact their customer support. It's always a good practice to check the fees before initiating any transfers to avoid any surprises.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to transferring NEO from Binance to a wallet, there are fees involved. The fees consist of a network fee and a withdrawal fee. The network fee is paid to the NEO network and is usually a small amount, typically less than 0.1 NEO. On the other hand, the withdrawal fee is charged by Binance and can vary depending on market conditions. It's important to note that the withdrawal fee is subject to change, so it's recommended to check the current fee on the Binance website or contact their customer support for the most up-to-date information.