If you’re into cryptocurrencies and use Binance, understanding its withdrawal limits and fees is essential. In this concise guide, we’ll cover the key points to help you navigate Binance Withdrawal Limits and Fees effectively.
Binance Withdrawal Limits and Fees
Withdrawal Limits
Unlike traditional banks, Binance doesn’t have a fixed withdrawal limit for all users. Instead, your withdrawal limit depends on various factors:
- Account Level: Binance offers different verification levels, from Basic to Advanced, with higher levels having higher withdrawal limits.
- Security Settings: Your security measures, like two-factor authentication (2FA), can also influence your withdrawal limit.
To check your specific withdrawal limits, log in to your Binance account and go to the withdrawal section. Remember, these limits can change over time and vary from one user to another.
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Withdrawal Fees
When you withdraw cryptocurrency from Binance, you’ll encounter withdrawal fees. These fees are flat rates that cover transaction costs on the blockchain network. The fee amount varies depending on the cryptocurrency you’re withdrawing.
To find the specific withdrawal fee for your chosen cryptocurrency, visit Binance’s official website or check your Binance account.
It’s important to stay updated on these fees because Binance may periodically adjust them. These changes can impact the overall cost of your transactions.
Here are Binance Withdrawal Limits and Fees
| Coin/Token | Full Name | Network | Minimum Withdrawal | Deposit Fee | Withdrawal Fee |
|---|---|---|---|---|---|
| BTC | Bitcoin | BNB Smart Chain (BEP20) | 0.0000078 | 0.0002 | 0.0000039 |
| Bitcoin | 0.000095 | ||||
| BNB Beacon Chain (BEP2) | 0.000008 | Free | 0.000004 | ||
| BTC(SegWit) | 0.001 | Free | 0.0005 | ||
| Ethereum (ERC20) | 0.00016 | Free | 0.000078 | ||
| Lightning Network | 0.000005 | Free | 0.000001 | ||
| ETH | Ethereum | BNB Smart Chain (BEP20) | 0.00011 | 0.0098 | 0.000056 |
| Ethereum (ERC20) | 0.0008 | Free | 0.00061 | ||
| Arbitrum One | 0.00013 | Free | 0.0001 | ||
| BNB Beacon Chain (BEP2) | 0.001 | Free | 0.000064 | ||
| Base | 0.001 | Free | 0.0001 | ||
| Optimism | 0.001 | Free | 0.0001 | ||
| zkSync Era | 0.001 | Free | 0.0003 | ||
| BNB | Binance Coin | BNB Smart Chain (BEP20) | 0.01 | 0.01 | 0.0005 |
| BNB Beacon Chain (BEP2) | 0.01 | 0.01 | 0.0005 | ||
| Ethereum (ERC20) | 0.012 | Free | 0 | ||
| USDT | TetherUS | BNB Smart Chain (BEP20) | 6 | 10 | 0.29 |
| EOS | 10 | 10 | 1 | ||
| NEAR Protocol | 10 | 50 | 1 | ||
| AVAX C-Chain | 50 | 10 | 1 | ||
| Arbitrum One | 10 | 10 | 1 | ||
| Asset Hub (Polkadot) | 5 | Free | 1 | ||
| BNB Beacon Chain (BEP2) | 2 | Free | 1 | ||
| Ethereum (ERC20) | 10 | Free | 1 | ||
| Optimism | 10 | Free | 1 | ||
| Polygon | Free | Free | 1 | ||
| Solana | Free | Free | 1 | ||
| Tezos | Free | Free | 1 | ||
| Tron (TRC20) | Free | Free | 1 | ||
| SOL | Solana | BNB Smart Chain (BEP20) | 0.008 | 0.02 | Free |
| Solana | Free | Free | Free | ||
| 0.004 | 0.008 | 0.004 | |||
| Free | Free | 0.008 | |||
| ADA | Cardano | BNB Smart Chain (BEP20) | 0.5 | 8 | 0.25 |
| Cardano | 8 | Free | 0.8 | ||
| BNB Beacon Chain (BEP2) | 0.84 | Free | 0.42 | ||
| XRP | Ripple | BNB Smart Chain (BEP20) | 0.48 | 28 | 0.24 |
| Ripple | 28 | Free | 0.2 | ||
| BNB Beacon Chain (BEP2) | 0.42 | Free | 0.21 | ||
| Ethereum (ERC20) | 8.12 | Free | 4.06 | ||
| DOT | Polkadot | BNB Smart Chain (BEP20) | 0.028 | 1.5 | 0.014 |
| Polkadot | 1.5 | Free | 0.08 | ||
| BNB Beacon Chain (BEP2) | 0.052 | Free | 0.026 | ||
| DOGE | Dogecoin | BNB Smart Chain (BEP20) | 2.2 | 80 | 1.1 |
| dogecoin | 80 | Free | 4 | ||
| BNB Beacon Chain (BEP2) | 3.46 | Free | 1.73 | ||
| SHIB | SHIBA INU | BNB Smart Chain (BEP20) | 14612 | 567948 | Free |
| Ethereum (ERC20) | 567948 | Free | 283974 | ||
| LUNA | Terra | Terra | 10 | Free | 0.01 |
| LTC | Litecoin | BNB Smart Chain (BEP20) | 0.0019 | 0.002 | 0.00097 |
| Litecoin | 0.002 | Free | 0.001 | ||
| BNB Beacon Chain (BEP2) | 0.0032 | Free | 0.0016 |
Please note that the withdrawal fees are subject to change, and it’s essential to check the most up-to-date information on Binance’s official website or in your Binance account before making any transactions.