MultiversX Tracker is Live!

What is the cheapest way to transfer ETH from Binance to Ronin (Axie Inifity related)

Binance

Cryptocoins Exchanges / Binance 3544 Views

I am looking to buy Axie in the near future, and i have my crypto funds currently on Binance including some ETH. I order to buy some Axie i need to transfer my ETH over my metamask wallet to my ronin account.

If i actually withdraw ETH from binance to metamask i have to pay a high gasfee on the ERC20 network, then once more I need to pay these when i tranfer them from metamask to ronin. Which would be a very high fee cost for the amount of ETH i currently hold.

I now have noticed that ronin gives me the opportunity to deposit WETH directly to my account. So my question is, would it not be a cheaper proces if I trade my ETH on Binance to Fiat (EUR), withdraw that money to my bank account and buy with thay money directly on my Ronin?

Does anyone have any experience in this?

Help or insights are much appreciated.

Kind regards.

submitted by /u/Pleun1987
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments