All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
This is good news since other coins are decreasing it's price im waiting for those coins i have in binance and other exchange wallet so i can easily back what i've lose in trading i haven't doubt those altcoins and new project where i put my money in there are tons of token advertising from social media or anywhere from the internet well we can't say that they are manipulating the price since most of investors are really into another way to earn money which is new projects or old projects each platform has there way to advertise it just to make a good profit too. 
Topic: Binance USDT TRC20 has been changed from 0 to 0.20 USDT - page 2. (Read 420 times)
legendary
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Well, to be sincere, am not surprised, I mean what are we all expecting from a centralized system, this is normal and not just binance will take this same step, every platform will always try to promote their own products, I mean is this not the platform was created in the first place?? It is absolutely normal because if I own binance, am likely to do the same, truth be told.
They are just promoting their product since they have the power to do so, anyone not cool with it should opt for decentralized exchanges where you are totally in control of your fund and every thing you do with it and even how much fees you choose to pay.
They are just promoting their product since they have the power to do so, anyone not cool with it should opt for decentralized exchanges where you are totally in control of your fund and every thing you do with it and even how much fees you choose to pay.
You have been sending USDT TRC20 tokens for free for sometime but it is not free to send it if you are sending it directly from your wallet, and also Binance is set up to make profit, if you are paying $10 or more to send it on ERC20 $0.20 should not bother you at all and also Binance has their own chain and their own tokens now, they need to promote the use, just see the attack Binance BSC is getting from Ethereum people, they are in competition and in the same market for the same users
It's true, yesterday I was trying to move some USDT from binance to my private wallet and I noticed the charges of 0.2 usdt but to be honest this is way better than ethereum that charges up to 10$ or even more when sending tokens from one wallet to another, to me this charges on Tron USDT is still fair enough
Last time 2 weeks ago (I guess) I used to withdraw usdt trc20 and it cost nothing.
Worst erc20 and omni cost 20 USDT for withdrawal fee now and 1 USDT for trc20 while 0 fees for BSC.
So this conclude that binance wants its users to use binance related coins/project for them to have discounts, lesser withdrawal/trading fees and etc. Its too eliminate all their competitors slowly, and that's a good tactic which obviously they will do.
Worst erc20 and omni cost 20 USDT for withdrawal fee now and 1 USDT for trc20 while 0 fees for BSC.
So this conclude that binance wants its users to use binance related coins/project for them to have discounts, lesser withdrawal/trading fees and etc. Its too eliminate all their competitors slowly, and that's a good tactic which obviously they will do.
This has very bad for us and i don't know that why they increase Usdt transaction fee on their exchange. Now need fee for per usdt transaction but on the past it was totally free of cost but i think 0.2 has not impossible but on the future if they more increase their transaction fee then it will more difficult for user's.
All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
Since the deposit of TRC-20 USDT has increased massively, binance are trying to get some money off it, I just checked mine right now and the withdrawal fee for trc20 usdt has increased from 0 to $1 now, I don't know if they increased it from this $0.20 you saw, seems like they want to use this opportunity to promote their BUSD that isn't listed on much exchanges, since it's a centralized platform they can do whatever they want, we users can't do anything than to pay whatever fee they ask from us. 
Compare to what eth erc20 transaction fee is right now, this can still be considered as free imo, trc20 usdt has been like a safe heaven for transferring funds for me, cheap or should I say free and fast,
Am glad to have the knowledge of this and I use it constantly.
Am glad to have the knowledge of this and I use it constantly.
All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
I don't think it's manipulation, it's a marketing strategy. This way people will use BUSD more than USDT TRC20 for withdrawals from Binance. All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
I think it's not manipulation and Binance has the right to do it and if you are using their exchange or infrastructure then we should abide by it thats business and it's not Free, for me its still cheap compare to Ethereum base or ERC20 USDT tokens, Honestly speaking I was using different stable coin like USDT, USDC, TUSD, BUSD but if I'm using Binance I preferred to use BUSD.
True, If i am in Binance exchange I basically use BUSB and that even didnt come to me as anything bias but I just felt it is the exchange stable coin so i use that but when trading on other exchange, I use other stable coins too and I dont feel any type of way in that too as long as I can complete my transactions, no problem and I think this ERC20 high gas fee is not liked by all and and true business minds will take advantage of each others short fall and even if that was the case, I dont think Binance have over stepped.
Binance are the only major exchange enforcing this fee. Just this small fee is going to bring Binance a huge profit margin. Binance has became so big that binance doesn't seem to care about the users anymore as they have a lot many. They even claimed it's getting difficult for them to answer to the support ticket.
I am sure it's only happen on binance. Other exchanges still with 0 fee withdrawal for trc20 usdt.If they did like what you said, they gonna be fail. No matter how big they are, but as a service company, customer and trust is everything.
I still love how they drive the community and force them to sinks into binance ecosystem. If busd get supported by all exchanges I will never take ustd anymore.
But for now, trc20 is still the queen to do transaction with usdt.
I've heard someone said, moving money on the internet supposed to be free and fast.
Binance are the only major exchange enforcing this fee. Just this small fee is going to bring Binance a huge profit margin. Binance has became so big that binance doesn't seem to care about the users anymore as they have a lot many. They even claimed it's getting difficult for them to answer to the support ticket.
I also experienced this. They are going to promote BUSD. I saw CZ tweet, he said that BUSD is not from Binance but they are doing promotional part.
I don't see any changes on my binance account either, I can still withdraw USDT-Tron lesser than 0.020USDT that OP is talking about, I'm not sure what's going on here, probably a glitch in the system maybe?
somewhat astounded to see that occurs. it would appear that most of individuals were utilizing tron USDT and that is the reason binance was making a such move. BUSD is acceptable however it is anything but a ton of trade destinations that tolerating this steady coin.
I have seen some exchanges really have fees for USDT TRC-20, while it was always free for me, but Binance still has 0 fee and I`m happy. Imagine, how much I was surprised, when I observed such convenient payment method. I have always been using ERC-20 version and when bull market came, fees became incredible and it was little uncomfortable to make many transactions. Fortunately, there is an TRC-20 variant of USDT and even 0.2 fee will be appropriable for me (I still have 0)
All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
This seem to be a tactical move from binance because hundreds and thousands of users were using trc20 usdt since erc20 usdt transactions were expensive, now they have applied fee for trc20 usdt so that everyone would get attracted to busd but personally i think 0.20 usdt fee is cheap and will not change my choice for sure. legendary
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Ever since I discovered it I haven't use any other coins except trc20 usdt, it is free and fast as well, some exchanges already charge little fee but binance use to be free and houbi, but if they decide to introduce little charges fee, still not bad, I will prefer it than to use erc20 usdt, this cost more.
number roller
If anyone is wondering or haven’t checked yet, it is already in action as you can see the image and the 0.20 fee. This us not about which cost less or more. If you are using Binance and want cheap withdraw, they have done it for you- BUSD
I have tried to transfer using Tron for usdt but its still 0 fees, honestly its faster and cheaper like any other else, I just wonder why it doesn't have any impact on tron, Trc20 is my favorite for transferring usdt, I think others are not using it because they are only familiar with erc20, you should try using it it can save you a lot of money.
Ever since I discovered it I haven't use any other coins except trc20 usdt, it is free and fast as well, some exchanges already charge little fee but binance use to be free and houbi, but if they decide to introduce little charges fee, still not bad, I will prefer it than to use erc20 usdt, this cost more.
All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
Binance trying to promote the usage of their own coins lately? Kind of centralization building around in the crypto market which should not be encouraged by the crypto community. Even people may be impacted negatively by such a greedy move by CZ or the fee is acceptable because its just 0.2USDT? Jump to: