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Ultra low trading fees??

Binance

Cryptocoins Exchanges / Binance 324 Views

I've had a small amount of money sitting in Binance for a yr or two, ready for the BTC chart to flip over from the ''decrease lows, lower highs' cycle it seemed to be in. In the final day or two I observed that the chart lastly made a 'greater high' and that was the signal I'd been ready for to put the money back into BTC.

I am not a lot of a dealer... and I've solely accessed my account a few times a yr. Once I went to make the acquisition my already small stability instantly dropped greater than four%. Is this the going payment from Binance for making a purchase/trade?? In fact, the banner says I'm qualifying for 'Extremely Low Charges'... but 4+% appears quite steep.

Again, it isn't huge money at all.... but when the fees do work as a proportion... then an out and in trade would set me back virtually 9% before any (hopeful) revenue. If the charge is a 'fastened quantity' per trade then my stability is so small I can see where the hit can be disproportionate. So, just on the lookout for insights as to how their charges may affect any future buying and selling selections. Thanks a lot!

submitted by /u/amohise
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