๐น Cryptocurrency Deposits
Minimum Deposit Amounts: Binance allows deposits as low as 0.00000001 units for major cryptocurrencies like Bitcoin (BTC), Ethereum #ETH , and #Tether (USDT). This means you can deposit even one satoshi (the smallest unit of BTC) .
Deposit Fees: Generally, Binance does not charge fees for cryptocurrency deposits. However, certain tokens, such as Terra Classic and TerraUSD, may incur a small tax burn fee .
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๐น Fiat Currency Deposits
Minimum Deposit Amounts: For fiat currencies, the minimum deposit varies by currency and payment method. For example, deposits via credit card typically have a minimum of $10 .
Deposit Methods & Fees:
AED (United Arab Emirates Dirham): Bank transfers are free, while online banking incurs a 0.65% fee.
EUR: SEPA bank transfers have a flat fee of โฌ1, and SEPA Open Banking charges 0.12%.
USD: Bank wire transfers are free, but your bank may charge a fee.
Credit/Debit Cards: A 2% fee applies per transaction .
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๐น Trading Minimums
Minimum Trade Amount: While deposit minimums are low, Binance requires a minimum trade amount of $10 for most transactions .
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โ Summary
Crypto Deposits: Minimum of 0.00000001 units; generally no fees.
Fiat Deposits: Minimums vary; for example, $10 via credit card.
Trading: Minimum trade amount is typically $10.
Binance's low deposit thresholds make it accessible for users in Dubai and worldwide to start trading with minimal upfront investment.
