Cryptocurrency Q&A
What is the instant buy fee for Binance?
What is the instant buy fee for Binance?
mia_rose_lawyer
Sun Jun 30 2024
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6 answers
1052
Excuse me, could you please clarify the instant buy fee structure for Binance? I'm particularly interested in understanding the associated costs when making an instant purchase of cryptocurrency through the platform. Are there any fixed fees or does it vary based on the transaction size or the type of cryptocurrency being purchased? Additionally, are there any hidden costs or additional fees that I should be aware of before proceeding with an instant buy? Thank you for your assistance in clarifying this matter.
6 answers
Riccardo
Tue Jul 02 2024
This fee applies to all spot trading pairs, allowing users to buy and sell cryptocurrencies at market prices.
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Elena
Tue Jul 02 2024
Additionally, Binance offers an Instant Buy/Sell feature, which allows users to quickly convert fiat currencies into cryptocurrencies or vice versa.
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SeoulSerenity
Tue Jul 02 2024
For Instant Buy/Sell transactions, Binance charges a higher fee of 0.50% of the transaction amount.
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Tommaso
Tue Jul 02 2024
Binance, a leading cryptocurrency exchange, implements a tiered fee system for its trading services.
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noah_wright_author
Tue Jul 02 2024
When executing trades on the Binance platform, users are charged a fee of 0.10% of the transaction amount.
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