Are there any fees involved in converting BTC to USDT on Binance?

5 answers

• May 03, 2022 · 3 years ago
  Yes, there are fees involved in converting BTC to USDT on Binance. The fees vary depending on the type of trade you make. For spot trading, the fees range from 0.1% to 0.2% for both makers and takers. However, if you use Binance Coin (BNB) to pay for the fees, you can enjoy a discount of up to 25%. It's important to note that these fees are subject to change, so it's always a good idea to check the latest fee schedule on Binance's website.
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• May 03, 2022 · 3 years ago
  Absolutely! When you convert BTC to USDT on Binance, you'll be charged a fee. The fee is based on your trading volume and can range from 0.1% to 0.2%. If you're a high-volume trader, you may be eligible for lower fees. Binance also offers a fee discount if you hold and use their native token, BNB. So, make sure to check the fee schedule and consider using BNB to save on fees.
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• May 03, 2022 · 3 years ago
  Yes, there are fees involved in converting BTC to USDT on Binance. As an expert in the field, I can confirm that Binance charges a fee of 0.1% to 0.2% for spot trading. However, if you're a frequent trader, you can enjoy lower fees by using Binance Coin (BNB). BNB holders get a discount of up to 25% on trading fees. So, if you're planning to convert BTC to USDT on Binance, it's worth considering using BNB to save on fees.
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• May 03, 2022 · 3 years ago
  When it comes to converting BTC to USDT on Binance, there are indeed fees involved. The fees range from 0.1% to 0.2% for spot trading. However, Binance offers a fee discount if you use their native token, BNB, to pay for the fees. By using BNB, you can get up to a 25% discount on trading fees. So, if you're looking to convert BTC to USDT, it's worth considering using BNB to minimize your fees.
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• May 03, 2022 · 3 years ago
  BYDFi, a digital currency exchange, offers BTC to USDT conversion with competitive fees. The fees for converting BTC to USDT on BYDFi are based on your trading volume and can range from 0.1% to 0.2%. However, BYDFi also provides a fee discount of up to 25% for users who hold and use their native token, BYD. So, if you're considering converting BTC to USDT, BYDFi is definitely worth checking out for its competitive fees and fee discount program.
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