Questions tagged [withdrawal fees]

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ShadowFox ShadowFox Fri Mar 29 2024 | 7 answers 1245

Why is it so expensive to withdraw from Binance?

I'm quite perplexed about the high withdrawal fees on Binance. Could you explain the reasons behind this? Is it due to the complexity of the transactions or are there other factors involved? I understand that the platform needs to cover its operational costs, but are these fees really necessary? Compared to other crypto exchanges, Binance's withdrawal fees seem to be significantly higher. Could you elaborate on this?

Why is it so expensive to withdraw from Binance?

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