#CryptoFees101 Withdrawing funds via bank transfer is generally cheaper. With this method, a fixed fee is charged, for example, €1 per transaction, while withdrawals with a card 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?

When buying cryptocurrencies, fees vary depending on the payment method. A bank transfer through the SEPA system usually has a low fee of 0.5% and allows for transfers at no additional cost. On the other hand, if you use a credit card, the fee rises to 2%. These are the Binance fees for buying and selling that you should consider to make an informed decision.