Binance Fees Change
When Binance was launching whitepaper of how BNB (coins that could been bought in ICO) and it was explained how they will be used. Now after 1st year of the exchange live finished they shared current plans for discount trades using the tokens.
It will start at at 2018/07/20 4:00 AM (UTC)
Yet to "make up for it" they also added new bonuses or maker and taker.
Worth to note is that Binance gained its momentum due to two things - Poloniex almost not working and super cheap fees. Of course theres more- good GUI, good support and loads of coin additions but the fees vs competitors were important.
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#Binance is allway giving most demanded feature's.
Binance still remains one of the cheapest trading exchanges.
Yeah, @diglett
A little bit of shocker when I read the message today. Ofcourse it was already planned ahead but I just completely forgot about the first year mark........
The 50% rebate actually was quite helpful for day trading. Of course I don't do it (too stressful for my nerves) but I have experimented. For lower value coins you could actually make profit just by selling it at 1 satoshi higher from its buy value.
I been using fee free exchanges, they are not bad hell i tried out Fcoin it actually not that bad.
Now we have to pay more in BnB or somewhat similar
withdrawal fees on binance.
@gentlebot
@kingscrown i am using Binance exchanger from last 8 months.. and my experience with it has been very good. And binance coin is also a great one.
Will never not be amazed at the wild success of the BNB token. Looking back, we should have seen it coming, I suppose. Binance is a great exchange with a great use case for its token. Very bullish on exchange tokens in the coming months and during the next altseason, especially AURA.
The fees are not that much DYOR https://blog.coinspectator.com/2018/07/09/binance-exchange-complete-review-guide-2018/
in around a year, binance has achieved commendable success that's great.
its all part of their strategy.....they are now at the top.....all the discount they given was just for promotional purpose...what do you think @kingscrown
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