The other day I wrote a guide on buying Bitcoin (BTC) on Binance directly with my credit card. Today i’m going to teach you how you can deposit or withdraw your fiat currency via bank transfer with Binance. If you haven’t register with Binance, you ought to do so right now here. Securing your Binance account allows you to trade cryptocurrencies on a fast, secure and reliable platform ... Binance Deposit & Withdrawal fees. Deposit fees Withdrawal fees; Bitcoin - 0.0005 BTC Ethereum - 0.01 ETH XRP - 0.25 XRP EOS - 0.1 EOS Litecoin - 0.001 LTC Bitcoin Cash - 0.001 BCH Tether - 2.0 USDT Binance Coin - 0.09 BNB Stellar - 0.01 XLM TRON - 1.0 TRX Bitcoin SV - 0.01 BSV ... Cumulative 30-day trading volume and average 24-hour holdings are automatically calculated daily at 00:00 (UTC). User VIP level and fee rates are updated daily at 02:00 (UTC) to correspond with the fee schedule in the table below. Is there any way to avoid the 0.0004 BTC withdrawal fee at Binance. I'm thinking of withdrawing using a coin that has low fees, send it to another exchange, convert it back to btc and withdraw it. But i'm yet to find an exchange that has significantly lower fees than Binance. 31 comments. share. save. hide. report. 75% Upvoted. Log in or sign up to leave a comment Log In Sign Up. Sort by. best ... Question 2: The Bitcoin withdrawal fee has recently been reduced from 0.0005 BTC to 0.0004 BTC. The point of the withdrawal fee is to reduce spam withdrawal requests and cover the blockchain network fee. Binance Withdrawal fees. Withdrawal fees are usually fixed and vary from crypto-to-crypto. If you withdraw BTC, you pay a small amount of BTC for the withdrawal. If you withdraw ETH, you pay ETH. The last time we did an empirical study of the BTC-withdrawal fees in the crypto exchange market, we found that the average BTC-withdrawal fee was ... Lowest withdrawal fee: 0 BTC (FREE) at ChangeNOW. Median: 0.0005 BTC ($6.84). Highest: 0.0036791834999999997 BTC ($50.30) at Braziliex. Fee Schedules for Trading on the Binance.US. Trading Fee. General: 0.1% spot trading fee; 0.5% Instant Buy/Sell fee. By default, if you hold BNB in your account, your trading fees will be automatically deducted from your BNB balance. Take Bitcoin (BTC) as an example, after confirming the address, copy it into the [Recipient's BTC Address] field, and enter the withdrawal amount. The system will automatically calculate the handling fee and give the actual arrival amount: actual arrival amount = withdrawal amount-withdrawal fee. Note: Binance offers eight levels of fee discounts (VIP 1-VIP 8) depending on your 30-day trading volume (as measured in bitcoin). Each level also comes with a requirement that you hold a certain amount of BNB. To qualify for the first level (VIP 1), you need to trade at least 100 BTC in volume over 30 days and hold at least 50 BNB. This drops your maker fee to 0.09%, and your taker fee remains at 0.1%.
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