How do I avoid withdrawal fees on crypto?

The withdrawal fee or compensation is an amount some banks charge customers when a loan is cancelled or repaid before the agreed maturity date, either partially or in full . This represents lost earnings for the bank, with the compensation corresponding to the interest it will stop receiving.

For each withdrawal, a flat fee is paid by users to cover the transaction costs of moving the cryptocurrency out of their Binance account . Withdrawals rates are determined by the blockchain network and can fluctuate without notice due to factors such as network congestion.

To avoid a fee, please use the Withdraw to App function . Withdrawal fees will be settled in the currency you are receiving and can not be paid with CRO.