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Are ETH Gas Fees Higher for Binance than other Wallets?

Binance

Cryptocoins Exchanges / Binance 242 Views

I just started using Binance.us; I bought ETH and I want to send it to my MetaMask wallet (binance calls this a "withdrawal"). However Binance wants to charge me a 0.013 ETH fee ($31) to do so. I just checked my MetaMask wallet and I can send ETH for a gas fee of about $3. Why are Binance's gas fees so high? Is this normal? I'd be better off selling my ETH and rebuying it using fiat from another service than trying to send my ETH to an external wallet.

Thanks.

submitted by /u/PaulFidika
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