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Topic: Binance's PTP Trading Not Friendly To Small Time Traders (Read 136 times)

copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
But I think Binance can do something about it, put a reasonable minimum ceiling limit  maybe around 1k - 5k pesos. Pag sobrang taas kasi ang minimum purchase requirements, wala ng access sa competitive price yong mga nag-uumpisa pa lang sa trade.
Most p2p platform naman is yung user ang may choice if what minimum at maximum at ibang requirements nila, bought twice sa binance with usdt with min.ng 1k - 5k, may mga traders din dyan na may 700 - 5k minimum lang minsan, kaya antay antay lang din, minsan di online kaya nka off yung ads nila.
newbie
Activity: 64
Merit: 0
nakabili ako dati kay limitless 1k php check mo sa youtube ko ginawan ko pa ng video yun eh search mo nalang janpol yt
newbie
Activity: 9
Merit: 0
Antay ka na lang madalas kay limitless ako bumibili. Yun ay kung online siya kasi madalas 500 to 1000 ang minimum nya. Refresh mo lang ng refresh
member
Activity: 166
Merit: 15
Ang laki naman ng minimum purchase kung ganun. Sana nga magbigay ng consideration ang binance sa tulad ko ding small time trader lang. 30,000 php minimum purchase, napakalaki na ito para saken at pwede na itong i diversify pa sa iba pa sanang crypto coins.

Kanina naka-tsamba ako ng seller na 1k lang minimum purchase requirement tapos 49.87 lang ang price niya. Refresh mo lang palagi para ma-update.


Ano nga palang ginamit mo pambili ng usdt sa binance? Credi card ba, bro?

Gamit ko palagi ay GCASH tapos yong 'Send to Bank' functionality niya. Depende kasi sa seller yon kung anong payment option(s) gusto niya.
sr. member
Activity: 1330
Merit: 326
Ang laki naman ng minimum purchase kung ganun. Sana nga magbigay ng consideration ang binance sa tulad ko ding small time trader lang. 30,000 php minimum purchase, napakalaki na ito para saken at pwede na itong i diversify pa sa iba pa sanang crypto coins.

Ano nga palang ginamit mo pambili ng usdt sa binance? Credi card ba, bro?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Acually tama ka diyan. But I think Binance can do something about it, put a reasonable minimum ceiling limit  maybe around 1k - 5k pesos. Pag sobrang taas kasi ang minimum purchase requirements, wala ng access sa competitive price yong mga nag-uumpisa pa lang sa trade.

Kinda disagree. What matters is may choice/option ung mga tao na taasan o babaan ang minimums nila. If you want to trade lower amounts, simply set your own buy/sell offers, or trade with ung mga taong may low limits at may decent feedback. Kahit naman sa LocalBitcoins pwede ring mag set ng minimums.
member
Activity: 166
Merit: 15
Quote
Correct me if I'm wrong, but as far as I know ung minimum purchase amounts is set by the traders themselves. Kasi meron namang mga low minimums, it's just that hindi lang ganun ka-reputable ung mga taong may offer ng ganun kababa.


Acually tama ka diyan. But I think Binance can do something about it, put a reasonable minimum ceiling limit  maybe around 1k - 5k pesos. Pag sobrang taas kasi ang minimum purchase requirements, wala ng access sa competitive price yong mga nag-uumpisa pa lang sa trade.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Sana Binance will put a reasonable minimum purchase requirements para naman ma-encourage yong mga small time traders.

Correct me if I'm wrong, but as far as I know ung minimum purchase amounts is set by the traders themselves. Kasi meron namang mga low minimums, it's just that hindi lang ganun ka-reputable ung mga taong may offer ng ganun kababa.



Trying to take a look at the perspective of ung mga traders na mataas ang minimum, probably mataas ang minimum nila kasi baka hindi worth ng oras nila ung mababang amounts dahil barya barya lang naman margins nila sa USDT<->PHP.
member
Activity: 166
Merit: 15

It took me a while to buy USDT coins kagabi because of the high minimum purchase requirements sa mga murang presyo ng USDT. Sana Binance will put a reasonable minimum purchase requirements para naman ma-encourage yong mga small time traders. I was planning to buy 3k worth of USDT only. It took me a while at napilitang bumili ng medyo mataas ang price.


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