Binance is a cryptocurrency exchange that launched in July 2017. The company is based in China but has an office in Tokyo, Japan. Binance is the world’s largest cryptocurrency exchange with a daily trading volume of $2.
4 billion. The company has a website and mobile app that allow users to buy, sell, and trade cryptocurrencies.
Binance charges a trading fee of 0.1% on all trades. This fee is charged on both buy and sell orders. Binance also charges a withdrawal fee for each cryptocurrency.
NOTE: WARNING: Trading fees on Binance vary depending on the type of trade and the user’s level of verification. Additionally, certain types of trades may incur additional fees that are not immediately apparent. Therefore, it is important to carefully review all terms and conditions before engaging in any type of trading on Binance.
For example, the withdrawal fee for Bitcoin is 0.001 BTC.
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