#CryptoFees101

Why is it cheaper to withdraw funds from Binance via bank transfer compared to using a card?

Withdrawing funds via bank transfer is generally cheaper. With this method, a fixed fee is charged, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. This is a key difference when evaluating Binance's fees.

What are the different commission rates for buying cryptocurrencies on Binance using a bank transfer compared to a credit card?