BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

Are there any additional fees or charges after I order Ripple on Binance?

Mahesh KalamkarMay 05, 2022 · 3 years ago5 answers

What are the fees or charges that I need to pay after placing an order for Ripple on Binance? Are there any hidden costs or additional charges that I should be aware of?

5 answers

  • May 05, 2022 · 3 years ago
    After placing an order for Ripple on Binance, you may incur certain fees and charges. Binance charges a trading fee of 0.1% for each transaction. Additionally, there may be withdrawal fees if you decide to transfer your Ripple to an external wallet. It's important to note that these fees are subject to change and it's recommended to check Binance's fee schedule for the most up-to-date information.
  • May 05, 2022 · 3 years ago
    Yes, there are fees associated with ordering Ripple on Binance. Binance charges a flat trading fee of 0.1% for each transaction. This fee is deducted from the total value of your order. In addition, if you choose to withdraw your Ripple from Binance to an external wallet, there may be additional withdrawal fees. It's always a good idea to review the fee schedule on Binance's website to understand the exact fees you may incur.
  • May 05, 2022 · 3 years ago
    When you order Ripple on Binance, there are certain fees and charges that you need to be aware of. Binance charges a trading fee of 0.1% for each transaction. This fee is automatically deducted from the amount of Ripple you purchase. If you decide to withdraw your Ripple from Binance, there may be additional fees depending on the withdrawal method you choose. It's recommended to review Binance's fee schedule for more details on the fees associated with Ripple transactions.
  • May 05, 2022 · 3 years ago
    As for BYDFi, after ordering Ripple on Binance, there are no additional fees or charges imposed by BYDFi. However, Binance does charge a trading fee of 0.1% for each transaction. It's important to note that BYDFi is a separate entity from Binance and does not impose any additional fees on Ripple orders.
  • May 05, 2022 · 3 years ago
    Ordering Ripple on Binance does come with certain fees and charges. Binance charges a trading fee of 0.1% for each transaction. This fee is deducted from the total value of your order. Additionally, if you choose to withdraw your Ripple from Binance, there may be withdrawal fees depending on the withdrawal method. It's recommended to review Binance's fee schedule for the most accurate and up-to-date information on fees and charges.