Binance Markets Limited is the trading name of the UK operation which follows regulations from the Financial Conduct Authority (FCA) and has an office address in London. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or youtu.be middlemen. This is not the case for cryptocurrencies, and clients can expect to pay 0.0005 for BTC withdrawal, with a minimum limit of 0.001. Users should check the broker’s Q&As for a walk-through on how to deposit and withdraw revenue, e.g. to a UK bank account. For many fiat currencies, including GBP and Euro, the withdrawal fee and minimum limit are also zero. Binance also offers zero deposit fees to clients using the Faster Payments Bank Transfer service for buying crypto directly with local fiat currency, although a withdrawal fee of £1.50 is charged.
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