Can someone explain the binance coin with regards to discount? So i read if you have binance coin, every trade you make, you get 50 percent off. But does that mean if you are trading your btc for an altcoin... as long as you have 1 binance coin in your wallet... then that applies? Or do you need to use bnb to trade against the altcoin you want in order to get the discount. So could you just buy 1 binance coin for your btc... then basically trade your btc for altcoins and get discount or not?
Or do you only get discount if you trade binance coin with the other coins. Such as with btc, you need to convert everything to bnb... then use that to trade with altcoins?
Not matter what you trade, if you have activated BNB discount then any trade you make you will pay 0.05% fee with you BNB token. You can trade BTC, ETH, BNB or USDT markets, no matter.
What 2FA is the best to use with binance? Is google authenticator preferred vs sms?
I recommend Google Authenticator.
Also are there issues if you have btc sent to binance from a gambling website? I read a while back coinbase would ban users if they send btc directly from coinbase to a gambling site or have a gambling site send btc directly to coinbase.
Are there any issues like this with binance or not?
I've never heard anything about this or any similar story about Binance. For example Poloniex do not like when you use the exchange as a wallet sending miners rewards to it. I
doubt Binance will ban you for sending your BTCs from gambling site.
Im confused. So you don't even need to buy any binance coin? You just need to have bnb discount option turned on? Or you need to buy at least 1 bnb coin.