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Topic: Do you consider switching to Binance? (Read 500 times)

newbie
Activity: 14
Merit: 0
January 11, 2018, 11:04:38 AM
#43
This is something to look into

The new IMDB for festivals, concerts and artist
Its transparant and a lot of people are using it already in Beta

Viberate (VIB)

https://bitcoinmagazine.com/articles/vibrant-community-viberates-key-ico-and-product-success/




Use Beta via:

https://www.viberate.com/referrals/7521e604_938b9e6d_65f0c6af
full member
Activity: 294
Merit: 101
The OEL Blockchain Ecosystem for Supply Chains
January 11, 2018, 11:01:48 AM
#42
I really liked this exchange, I prefer it at this time. But there is one drawback. You cannot sell everything that is on account of tenths, it is not convenient when 0.9 coins is irrelevant. Now the registration to the stock exchange open in the afternoon for a few hours, I guess that's good.
rpg
hero member
Activity: 728
Merit: 500
January 09, 2018, 03:05:12 PM
#41
I think Binance is one of the best exchange now. Using it last 3 month and don't want to get back to bittrex and polonex. Binance add new  good alts witch you can not get in others exchanges. And I think it will be in top 5 exchanges for a long time
sr. member
Activity: 1036
Merit: 250
January 09, 2018, 03:02:32 PM
#40
I use Bittrex and Binance and other exchanges.I think that it is better not to keep all funds on one exchange only.
full member
Activity: 364
Merit: 102
January 09, 2018, 02:49:24 PM
#39
Binance is all great and everything, except that for some issue I have a very bad gut feeling about it. For me bittrex is still the place where I would like to hold majority of my coins till decentralized exchanges are a thing.
member
Activity: 168
Merit: 12
January 09, 2018, 02:47:29 PM
#38
I already did binance has better tx fee than bittrex my former exchange,they are getting more greedy than before thats why i switched to binance.
sr. member
Activity: 378
Merit: 251
January 09, 2018, 02:45:00 PM
#37
I've been using Binance since it first went live.  It's a great exchange and the trading volumes are growing daily.  I still use other exchanges such as Bittrex and Poloniex.  It doesn't hurt to use multiple exchanges for your trading and there is no need to switch over and abandon the others.  
full member
Activity: 563
Merit: 101
January 09, 2018, 02:43:06 PM
#36
I have been using binance for the last few days, and let me tell you that their platform is horrible, the same happens with the exchange versions (traditional, proffesional) for me, it is super lagged, i dont know why there is a lot of people saying that this is the best exchange that has ever existed.
Poloniex is much more better than this one
sr. member
Activity: 266
Merit: 251
DIW - Security Decentralized,Life Revolutionized
January 09, 2018, 02:37:24 PM
#35
Hey, I am seriously considering moving my trading assets from Poloniex and Bittrex to the Binance platform. Fees are:

Poloniex: 0.15 / 0.25 %
Bittrex: 0.25%
Binance: 0.1% / 0.05% when paying the fees in their coin

Also, there is no fees for trading NEO/GAS at all which looks good to me considering NEO is 15% of my portfolio. I am a little reluctant because Binance is a very new platform and operating out of China. How do you guys feel about it?

Very interesting information. You gave me an interesting idea. Verification for Bitrex and Polonieks is a real hell. Oborzely. Danced under the American administration.
newbie
Activity: 53
Merit: 0
January 09, 2018, 02:13:14 PM
#34
it is a china own website, if any1 can made money from it, why care so much about the withdraw fees?
does any1 withdraw everyday?
jr. member
Activity: 98
Merit: 8
January 09, 2018, 02:05:03 PM
#33
Binance seems to have things going good right now.  I use multiple exchanges for different coins, just depending on where they are marketed.  Seems like a lot of pumps have been on coins at binance lately so I will keep doing work there...along with Bittrex and a few smaller ones.
newbie
Activity: 1
Merit: 0
January 09, 2018, 02:00:57 PM
#32
Well the fees are obviously high - but you get other benefits from trading @ binance:

1. Withdraws are quite fast (compared to Bittrex at least)
2. BNB trading fees 50% lower than regular TX fees (ok - you need to own BNB)
3. Almost weekly trading competitions.
4. Support to almost all forks.

For me this four bullets make the difference. And @ the moment - if you didn´t already register on another exchange - well, now it could take some time to do so!

Cheers Smiley
newbie
Activity: 8
Merit: 0
January 09, 2018, 01:58:05 PM
#31
Ive been trading on Binance mostly so far + a little bit on Cryptopia.
Lots of alt coins, nice exchange rates & fees + I love the User Experience...  Wink
sr. member
Activity: 322
Merit: 250
January 09, 2018, 01:53:23 PM
#30
I have moved to binance log ago the best exchange that I have ever trade with very low fee. I would recommend to anyone.

Kucoin is also a very good exchange               
full member
Activity: 448
Merit: 109
January 09, 2018, 01:51:15 PM
#29
I have already switched to binanace, it doesn't support all coins that I want tho but their exchange is great so far, haven't had any problems with them. I made a switch since bittrex support don't answer on your tickets which raises big red flag and consearns to me - in the past I used bittrex and polo mostly, now I have swithched to binance. Fee is 0.1% , plus if you have BNB token you can even lower the fees for 50% first year of their existance, check out more here at : https://support.binance.com/hc/en-us/articles/115000497111-Binance-Coin-BNB-
member
Activity: 182
Merit: 10
Create Your Decentralized Life
January 09, 2018, 01:45:49 PM
#28
Hey, I am seriously considering moving my trading assets from Poloniex and Bittrex to the Binance platform. Fees are:

Poloniex: 0.15 / 0.25 %
Bittrex: 0.25%
Binance: 0.1% / 0.05% when paying the fees in their coin

Also, there is no fees for trading NEO/GAS at all which looks good to me considering NEO is 15% of my portfolio. I am a little reluctant because Binance is a very new platform and operating out of China. How do you guys feel about it?
Thats a good move,i too have moved already my assets to binance,im sick and tired with bittrex too many lags and too much tx fees.
member
Activity: 190
Merit: 10
January 09, 2018, 01:45:21 PM
#27
I like this exchange and I trade there. But I do not understand why I always have tenths of coins on my account? I can not sell the whole amount here for some reason.
newbie
Activity: 12
Merit: 0
January 09, 2018, 01:28:43 PM
#26
I use both.... the amount of profit you make is far far more than any of the fees... I would not worry about it. If you spent that time into finding good coins you are better off.
member
Activity: 182
Merit: 10
January 09, 2018, 01:26:34 PM
#25
Yes i already switched to binance,it has less fees than my previous exchange which is bittrex with a lot of bugs and lags!.
full member
Activity: 686
Merit: 131
January 09, 2018, 01:12:52 PM
#24
Let me just list the pros and cons that I have found while using Binance:

Pros

-Incredibly low trading fees, especially when you use Binance Coin
-Binance Coin itself is an attractive investment as the company buys back coins and burns them.
-High volume, you can make really quick short trades very easily
-Fast and responsive
-Has events and projects where you can vote for a coin to be listed or participate in an ICO

Cons

-Withdrawal fees are high
-The UI is not as user friendly as other exchanges

So, as you can see, I actually like Binance a lot.  IT's the type of exchange where you keep your money there and do a lot of trades.  When it comes time to withdraw, you need to do a big chunk at a time.
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