Are there any fees for canceling a P2P trade on Binance?

3 answers

• Riber HolmanSep 27, 2021 · 4 years ago
  Yes, there are fees for canceling a P2P trade on Binance. When you cancel a trade, Binance charges a cancellation fee of 0.1% of the trade amount. This fee is deducted from the remaining balance in your Binance account. So, before canceling a trade, make sure to consider the fee and its impact on your overall trading strategy.
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• Buckley SvaneJan 27, 2025 · a year ago
  Canceling a P2P trade on Binance does come with fees. The cancellation fee is 0.1% of the trade amount. It's important to keep this fee in mind when deciding whether to cancel a trade or not. Make sure to weigh the potential benefits of canceling against the cost of the fee.
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• SKELETON PLAYMay 11, 2025 · 9 months ago
  When it comes to canceling a P2P trade on Binance, there is indeed a fee involved. Binance charges a cancellation fee of 0.1% of the trade amount. This fee is designed to discourage frequent cancellations and ensure a smoother trading experience for all users. Keep in mind that this fee applies to both buyers and sellers, so it's important to factor it into your decision-making process.
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