CZ responded to Binance's high fiat withdrawal fees: The more users the product has, the lower the fees will be.

CZ responded to Binance's high fiat withdrawal fees in a post on the X platform, stating, "It's a new product; the more people use it, the lower the liquidity becomes. Although I understand that the fee is from the bank, the more people use the product, the lower the fee will be." According to feedback from some community users, their chosen fixed fee of $25 with a one-day arrival time is suitable for large withdrawals; the larger the withdrawal amount, the lower the relative fee loss. Later, some users also reported that the fee appeared to have decreased.