What are the fees for trading cryptocurrencies on Binance in Spain?
Andres OchoaMay 09, 2022 · 3 years ago1 answers
Can you please provide detailed information about the fees associated with trading cryptocurrencies on Binance in Spain? I would like to know about the transaction fees, withdrawal fees, and any other charges that may apply. Additionally, it would be helpful to understand if there are any specific fees for Spanish users or if the fees are the same for all users worldwide.
1 answers
- May 09, 2022 · 3 years agoWhen it comes to trading cryptocurrencies on Binance in Spain, the fees are quite straightforward. The standard trading fee is 0.1% for both makers and takers, which is competitive compared to other exchanges. However, if you hold BNB (Binance Coin) in your account, you can enjoy discounted trading fees. The discount starts at 25% in the first year and gradually decreases over time. As for withdrawal fees, they vary depending on the cryptocurrency you are withdrawing. Binance provides a fee schedule on their website where you can find the exact fees for each cryptocurrency. It's always a good idea to check the latest fee schedule before making any transactions. Happy trading on Binance!
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