#GasFeeImpact It seems that you are referring to “gas fees” (transaction fees) and their impact on Binance. Here I explain:

1. What are gas fees?

• They are the fees you pay to process transactions on a blockchain.

• They are paid in the native cryptocurrency of each network:

• Ethereum (ETH) → Gas fees in ETH.

• Binance Smart Chain (BSC) → Gas fees in BNB.

• Bitcoin (BTC) → Fees in BTC.

2. How do they impact Binance?

✅ Spot Trading → There are no gas fees, only the 0.10% commission.

✅ Deposits → Binance does not charge for depositing crypto, but the network from which you send does.

✅ Withdrawals → Binance does charge gas fees when you withdraw crypto to another wallet or exchange.

✅ Binance Smart Chain (BSC) → If you use BSC on Binance, the fees are lower than on Ethereum.