MultiversX Tracker is Live!

Binance Transaction costs question

Binance

Cryptocoins Exchanges / Binance 309 Views

The cost structure isn't completely clear to me on binance (or any other exchange platform), can you help me understand this:

If i want to buy bitcoin for example, i pay a 0,1% fee (or lower with discounts) to binance directly, that much is clear. But what about bitcoin transaction costs for the bitcoin miners, do i pay that extra or is that not necessary because the transaction happens on the binance platform internally?

submitted by /u/deviladvocate666
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments