Binance internal transfers | Bitcointalksearch.org

TryNinja

legendary

Activity: 2758

Merit: 6830

Quote from: OmegaStarScream on April 11, 2021, 06:18:17 AM

While trying to withdraw, the fees are mentioned and get deducted once I confirm the withdrawal, however... when I go back to the withdrawal history page, it seems like the fees are 0.

You get the fee back afterwards, which is why it shows as 0 on the history page.

Quote from: https://www.binance.com/en-IN/support/faq/360037037312

Please note that at this step, the “Transaction Fee” displayed will be charged only for withdrawals to non-Binance addresses. If the recipient address is correct and belongs to Binance accounts, after the transaction the “Transaction Fee” will remain in the wallet of the sender, and will not be deducted (the recipient instead will get the amount indicated as “You Will Get”)

JeromeTash

legendary

Activity: 2100

Merit: 1208

Heisenberg

I haven't done any internal transfers recently, but what I remember the withdrawal fee they are supposed to charge you will be visible when you are withdrawing but once they detect that the address you are sending the funds is one of their own addresses, the withdrawal fee will remain in your account. Check your account and see if there's any small amount of the coin let which you were trying to withdraw.

Also in the transaction history tab, you should be able to see an Internal Transfer label instead of the usual transaction ID

joniboini

legendary

Activity: 2170

Merit: 1789

According to their official page, there's no change about it. Maybe a UI bug or a slow loading cause the system to fail to detect that the address belongs to Binance? I don't see any announcement about it either.

https://www.binance.com/en/support/faq/360037037312

OmegaStarScream

staff

Activity: 3472

Merit: 6129

As many of you already know, internal transfers are supposed to be free on Binance. I did a decent amount of transactions before but just noticed that that's no longer the case?

While trying to withdraw, the fees are mentioned and get deducted once I confirm the withdrawal, however... when I go back to the withdrawal history page, it seems like the fees are 0. Am I missing something and can someone confirm that the same thing happened to them?

For those who don't know, an internal transfer is when you withdraw funds to somebody else's (another binance user) deposit address.

Topic: Binance internal transfers (Read 60 times)