So you just farmed some Alpha drop, or maybe some random gem, staked this for that, waited, harvested, and now you’re ready to move it to Binance Spot or Funding. All inside the same app, just flipping tabs.
Then it hits you. Gas fee.
But wait. It’s still Binance. Still your wallet. Why is there a fee?
Because your Web3 Wallet isn’t a cozy folder inside the exchange. It’s on-chain. Public. A blockchain address like any other. When you send something from it to Spot, you’re not just “moving funds”, you’re firing off a real transaction to the network.
And that network, whether it’s Ethereum, Arbitrum, or BNB Chain, doesn’t care where the app interface ends or begins. It only sees code, execution, and the cost of making things move.
So even if you never left Binance, the transfer runs on-chain. The fee goes to the validators, not to Binance. Your wallet isn’t a shortcut. It’s a broadcast tool. It’s freedom, and that freedom comes with a price.
Congrats, you’re officially on-chain. And yes, like everyone else, you paid for the privilege.