Post
Topic
Board Beginners & Help
Re: Withdrawing crypto from Binance
by
kakonhat
on 26/12/2020, 13:29:26 UTC
Hi,

I want to withdraw some crypto (Bitcoin) from Binance to my ledger nano S but the options have confused me. I can pay the fees in:

Binance Chain (BNB) cost: £0.25
Binance Smart Chain (BSC) cost £0.49
Bitcoin (BTC) cost £9.07
Etherium (ETH) cost £3.81


What is the best option here?
I think you are so new in Crypto. However once a time everyone is new in crypto like you.
Firstly you must know what are the differences between all of the networks fees.
All are totally differences networks.
You said you want to withdraw Bitcoin so must select Bitcoin network because everywhere won't support others network for Bitcoin. So when you want to hold your any coin you must try to use main network for your coin. So you won't fall in trouble in future.
Hope you will understand.