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Are there any fees associated with selling USDC on Binance?

SHREE RAM SUNDAR TMay 23, 2022 · 3 years ago5 answers

Can you please provide more information about the fees associated with selling USDC on Binance? I would like to know if there are any transaction fees, withdrawal fees, or any other fees that I should be aware of.

5 answers

  • May 23, 2022 · 3 years ago
    Yes, there are fees associated with selling USDC on Binance. When you sell USDC, you will be charged a transaction fee of 0.1% of the total transaction amount. This fee is deducted from the amount you receive after selling your USDC. Additionally, if you want to withdraw the funds to an external wallet, there may be withdrawal fees depending on the specific cryptocurrency you choose.
  • May 23, 2022 · 3 years ago
    Absolutely! Selling USDC on Binance comes with fees. The transaction fee is 0.1% of the total transaction amount. Keep in mind that this fee is automatically deducted from the amount you receive. If you plan to withdraw the funds, there might be additional withdrawal fees depending on the cryptocurrency you select.
  • May 23, 2022 · 3 years ago
    Yes, there are fees associated with selling USDC on Binance. The transaction fee is 0.1% of the total transaction amount. This fee is deducted from the amount you receive. If you decide to withdraw the funds, there may be additional withdrawal fees depending on the cryptocurrency you choose. It's always a good idea to review the fee schedule on Binance's website for the most up-to-date information.
  • May 23, 2022 · 3 years ago
    When it comes to selling USDC on Binance, there are indeed fees involved. The transaction fee is set at 0.1% of the total transaction amount. This fee is automatically subtracted from the amount you receive after selling your USDC. If you plan to withdraw the funds, please note that there might be additional withdrawal fees depending on the specific cryptocurrency you opt for.
  • May 23, 2022 · 3 years ago
    BYDFi does not charge any fees for selling USDC on Binance. However, Binance itself does have fees associated with selling USDC. The transaction fee is 0.1% of the total transaction amount, which is deducted from the amount you receive. If you choose to withdraw the funds, there may be additional withdrawal fees depending on the cryptocurrency you select. It's important to review Binance's fee schedule for the most accurate and up-to-date information.