Aside from fees, it has lots of advantages than using a p2p platform to trade your EUR/GBP to any crypto available in binance je or vice versa.
Trust and security, though you need to do their KYC before you can use it, unlike some p2p platforms such localcryptos which isn't required any KYC to start to trade your EUR. Though has a disadvantage when dealing someone you don't know, especially if you don't want to use their escrow feature.
Topic: Binance. Je (Read 156 times)
Are there any advantages for Europeans.
1. You get to deposit and withdraw EUR and GBP directly without having to use the option of p2p platforms like localbitcoins 2. You get to trade BTC, ETH, BNB, LTC and BCH against EUR and GBP. Something that you may not find in most traditional cryptocurrency exchanges
What I mean is you can buy directly on an orderbook there by placing your desired order. You will buy on 3rd party app like simplex if you purchase in binance main using credit card(master card/visa card) and the price will be the current which you don't have the freedom to place an order at your desired price. The price spread when you buy credit card is too high compared on binance.je.
You should try it so that you can experience it.
You should try it so that you can experience it.
If you meant that then you are correct.
It's true (and logical) to have fewer fees when you buy directly and not with the involvement of some third-party app. So yes, I will most likely use it at some point. The exchangers that you can trade BTC/EUR without a middle man are few.
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Has anyone any experience with binance. Je. Jersey based arm of Binance for Europe. Are there any advantages for Europeans.
Yep. Binance Jersey is the only binance branch that is regulated in EUR. You can buy directly cryptocurrency there using EUR/GBP directly to the order book compared on binance which only offer OTC for EUR/GBP pair that cost huge percentage for the fees. Simply Binance Jersey main purpose is to serve cryptocurrency directly to EU people. If you have EUR/GBP, it is the best exchange for you.
If you can buy in Binance main "branch" crypto with a Visa or Mastercard, then it's not only for OTC trades... As for the fees they were 0 because of a promo that they run until last month, as I recall. So now I don't know how better they are.
What I mean is you can buy directly on an orderbook there by placing your desired order. You will buy on 3rd party app like simplex if you purchase in binance main using credit card(master card/visa card) and the price will be the current which you don't have the freedom to place an order at your desired price. The price spread when you buy credit card is too high compared on binance.je.
You should try it so that you can experience it.
Has anyone any experience with binance. Je. Jersey based arm of Binance for Europe. Are there any advantages for Europeans.
Yep. Binance Jersey is the only binance branch that is regulated in EUR. You can buy directly cryptocurrency there using EUR/GBP directly to the order book compared on binance which only offer OTC for EUR/GBP pair that cost huge percentage for the fees. Simply Binance Jersey main purpose is to serve cryptocurrency directly to EU people. If you have EUR/GBP, it is the best exchange for you.
If you can buy in Binance main "branch" crypto with a Visa or Mastercard, then it's not only for OTC trades... As for the fees they were 0 because of a promo that they run until last month, as I recall. So now I don't know how better they are.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Has anyone any experience with binance. Je. Jersey based arm of Binance for Europe. Are there any advantages for Europeans.
Yep. Binance Jersey is the only binance branch that is regulated in EUR. You can buy directly cryptocurrency there using EUR/GBP directly to the order book compared on binance which only offer OTC for EUR/GBP pair that cost huge percentage for the fees. Simply Binance Jersey main purpose is to serve cryptocurrency directly to EU people. If you have EUR/GBP, it is the best exchange for you.
Has anyone any experience with binance. Je. Jersey based arm of Binance for Europe. Are there any advantages for Europeans.
Can you be more specific, since this is the first post that you make and the reason that you create this account?
Has anyone any experience with binance. Je. Jersey based arm of Binance for Europe. Are there any advantages for Europeans.
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