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Topic: Binance: $BNB The Future of Exchanges. - page 129. (Read 132065 times)

full member
Activity: 322
Merit: 102
January 10, 2018, 08:08:53 PM
Who's the binanace employee that monitors these threads? I have a quick question for them.

I'm not if anyone from Binance monitoring this there. You can try other communcations channels to reach them.
full member
Activity: 238
Merit: 100
January 10, 2018, 03:23:43 PM
So as long as you buy 1 binance coin, then you are paying less in fees thus instead of paying 0.10 percent, you pay 0.05 percent... can someone confirm this?

Also is it cheaper to buy coins that are available on both bittrex and binance such as power ledger cheaper on binance compared to bittrex?  Because the fee would be either 0.05 or 0.10 percent vs 0.25 percent on bittrex.  But it also depends on the price of btc and power ledger on it though.  But in general those coins that are available on both exchanges, is it cheaper on binance?

If you pay your trading fees with BNB it will cost 50% less than it would cost than it would when you didnt use BNB. So I guess your example should work.

I dont think that there will be a big difference in price for coins that are traded on Binance and on Bittrex. Im not into arbitrage trading anyways, but what I know is that there are people doing it and it works. But I guess this is only profitable if you do it with big amounts of money.
legendary
Activity: 1764
Merit: 1012
January 10, 2018, 03:21:44 PM
So as long as you buy 1 binance coin, then you are paying less in fees thus instead of paying 0.10 percent, you pay 0.05 percent... can someone confirm this?

Also is it cheaper to buy coins that are available on both bittrex and binance such as power ledger cheaper on binance compared to bittrex?  Because the fee would be either 0.05 or 0.10 percent vs 0.25 percent on bittrex.  But it also depends on the price of btc and power ledger on it though.  But in general those coins that are available on both exchanges, is it cheaper on binance?

Yes the only purpose of binance token right now is fee deduction. You are paying %50 of the fees if you pay with binance tokens.
full member
Activity: 1792
Merit: 186
January 10, 2018, 02:14:55 PM
So as long as you buy 1 binance coin, then you are paying less in fees thus instead of paying 0.10 percent, you pay 0.05 percent... can someone confirm this?

Also is it cheaper to buy coins that are available on both bittrex and binance such as power ledger cheaper on binance compared to bittrex?  Because the fee would be either 0.05 or 0.10 percent vs 0.25 percent on bittrex.  But it also depends on the price of btc and power ledger on it though.  But in general those coins that are available on both exchanges, is it cheaper on binance?
full member
Activity: 378
Merit: 102
January 10, 2018, 12:46:03 PM
Who's the binanace employee that monitors these threads? I have a quick question for them.
newbie
Activity: 182
Merit: 0
January 10, 2018, 11:14:03 AM
When there are potential projects coming from China and exchange coin/ token on binane, $BNB will rise...
full member
Activity: 644
Merit: 117
swing!
January 10, 2018, 10:28:33 AM
Solid coin for active trades that wanna avoid some fees. Although it doesn't carry any revenue sharing properties but still that much trading volume anything on binance would just boom regardless
full member
Activity: 238
Merit: 100
January 10, 2018, 10:07:28 AM

i hope the same will happen to ELIX and SC someday  Roll Eyes Roll Eyes Wink

Me too!!! I cant wait for SC to finally tripple (or even more) my initial investment. Ive been holding this coin for over a year now, with the recent price increase it finally equaled out compared to the price I bought. But there are no profits yet. Binance should make this happen!
full member
Activity: 238
Merit: 100
January 10, 2018, 10:05:35 AM

Binance is actually the reigning top exchange right now. You can use Binance Coin for a 50% discount on fees. Let us see if Binance can retain its spot in months to come.

I guess for the time being Binance will remain the top exchange. It well deserves being the top exchange in my honest opinion. I guess the real danger for centralized exchanges are decentralized exchanges and atomic swapping. Both will become more popular in the near future. I hope Binance sticks to their plan to become a DEX sooner or later.
legendary
Activity: 3304
Merit: 8633
icarus-cards.eu
January 10, 2018, 09:34:22 AM
Today they listed a token i was holding from the beginning (vibe). And it made a massive 7x. I love binance, and everything about it.

i hope the same will happen to ELIX and SC someday  Roll Eyes Roll Eyes Wink
hero member
Activity: 868
Merit: 506
January 10, 2018, 08:33:02 AM
Binance signup is now opened! Don't miss it! Binance is one of the best exchange out of others but fee quite bigger. Anyway, just go there its just let me register without a problem.

Binance is actually the reigning top exchange right now. You can use Binance Coin for a 50% discount on fees. Let us see if Binance can retain its spot in months to come.
sr. member
Activity: 476
Merit: 250
January 10, 2018, 08:28:15 AM
Binance signup is now opened! Don't miss it! Binance is one of the best exchange out of others but fee quite bigger. Anyway, just go there its just let me register without a problem.
hero member
Activity: 765
Merit: 500
January 10, 2018, 08:13:38 AM
Binance is the best exchanges at the moment and BNB is altcoins by binance
so, don't worry to buy the price will be increase and BNB is always survive.
legendary
Activity: 1764
Merit: 1012
January 10, 2018, 08:09:06 AM
Today they listed a token i was holding from the beginning (vibe). And it made a massive 7x. I love binance, and everything about it.
newbie
Activity: 56
Merit: 0
January 10, 2018, 06:50:43 AM
To say that Binance referral scheme has now become a waste of time is an udnerstatement. Load of bollocks now.

I like the exchange though but now looking for something more worthwhile.


Kukoin has peaked my interest tho.... https://www.kucoin.com/#/?r=21tMH
sr. member
Activity: 361
Merit: 252
January 10, 2018, 06:46:06 AM
1.265 > copy > Limit order Buy > Price > paste > 0
1.265 > copy > Limit order Buy > Amount > paste > 0
1.265 > copy > Limit order Sell > Price > paste > 0
1.265 > copy > Limit order Sell > Amount > paste > 0

does not work insert into the order   Shocked
jr. member
Activity: 248
Merit: 1
January 10, 2018, 05:27:04 AM
great concept, I am investing now
member
Activity: 144
Merit: 10
January 10, 2018, 03:02:41 AM
With commissions down, its better now to go to kucoin and hold KCS shares of kucoin for daily dividends Smiley
newbie
Activity: 56
Merit: 0
January 10, 2018, 12:23:53 AM
So binance does allow registration for a few hours a day?  Can someone tell me when this is exactly?  Everytime i go on binance it shows registrations are closed etc.

Like I said above I think it's a capacity issue and they need to upgrade their systems to handle the high number of new user applications. I have noticed at peak trading their Binance trading platforms were struggling under the pressure.

Please not that right now new registrations are being accepted but for the pastg two days this was limited to about an 8 hour window. I would appreciate it that if anyone wants to sign up that they use my ref link https://www.binance.com/?ref=12817539
full member
Activity: 1792
Merit: 186
January 10, 2018, 12:09:25 AM
So binance does allow registration for a few hours a day?  Can someone tell me when this is exactly?  Everytime i go on binance it shows registrations are closed etc.
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