Binance, Exchanges

Is There a Fee to Transfer From Binance to Binance Us?

Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume.

Binance US is a subsidiary of Binance.com created for US-based customers.

Binance does not charge any fees for deposits or withdrawals made in cryptocurrencies. However, there is a withdrawal fee of 0.001 BTC when withdrawing Bitcoin from Binance. There may also be network fees charged by the blockchain for processing the transaction.

NOTE: With the advent of cryptocurrency trading, there has been an increase in the number of exchanges that offer the ability to transfer funds from one exchange to another. One such example is Binance and Binance US, which allow users to transfer funds between their respective accounts.

It is important to note, however, that while this service is available it may carry a fee. It is important to understand any associated fees before making a transfer between these exchanges as they may be subject to change or have other applicable conditions. Failure to do so could result in additional costs or prevent the successful completion of the transfer.

These fees are generally very small, but can vary depending on network traffic. When withdrawing fiat currency from Binance, there is a fee of 2% charged by Simplex, the company that processes fiat withdrawals for Binance.

Binance US has similar deposit and withdrawal fees as Binance.com. There is no fee for deposits made in cryptocurrencies. For withdrawals, there is a fee of 0.

001 BTC when withdrawing Bitcoin. These fees are generally very small, but can vary depending on network traffic. When withdrawing fiat currency from Binance US, there is a fee of 2% charged by Simplex, the company that processes fiat withdrawals for Binance US.

In conclusion, there is no fee to transfer from Binance to Binance US. However, there may be network fees charged by the blockchain for processing the transaction. When withdrawing fiat currency from either exchange, there is a fee of 2% charged by Simplex, the company that processes fiat withdrawals for both exchanges.

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