Binance and OKEx Cut Fees for Withdrawing Bitcoin, Ethereum and ERC-20 tokens
Main page News, Cryptocurrency Exchanges, Cryptocurrency
Hot topic
29 January
751 751

Cryptocurrency trading platforms Binance and OKEx have reduced the fees they charge for withdrawing several currencies.

Thus, Binance has reduced the fee for withdrawing Bitcoin, Ethereum and all tokens based on the ERC-20 standard in order to "provide a better service to users."

The fee for withdrawing Bitcoin is reduced from 0.0005 BTCs to 0.0004 BTCs. In the case of Ethereum, it falls from 0.01 ETHs to 0.003 ETHs, while for the rest of the tokens based on the ERC-20 standard it depends on the crypto.

Binance CEO Changpeng Zhao said on Twitter:

"We listen, we execute."

OKEx has also reduced the fees for withdrawing Bitcoin from 0.0005 BTCs to 0.0004 BTCs, for Ethereum - from 0.01 ETHs to 0.003 ETHs, for XRP - from 0.15 XRPs to 0.1 XRPs, and for Bitcoin Cash - from 0.001 BCHs to 0.0001 BCHs. For the rest of the tokens based on the ERC-20 standard, this depends on the cryptocurrency.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error
Close