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Bought btc, now I have to pay a % fee to use them?

Binance

Cryptocoins Exchanges / Binance 227 Views

I only signed up to Binance to buy and pay with btc not to trade or stuff.

I didn’t know that you get charged a huge % for amounts ~$100 and less.

How is Binance meant to be used and is there anyway to get around these ridiculous fees?

btc % wd fee
1 0.0005
0.1 0.005
0.01 50
0.02 25
0.03 17
0.04 13
0.05 10

So first you buy btc and then get charged for spending them? That’s ridiculous.

I don’t know anything about the networks or crypto related I’m just a clueless user, but the btc address I want to send to accepts btc network only.

submitted by /u/kayocerass
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