I was trying to register for Binance but got the following message

Due to the overwhelming surge in popularity, Binance will have to temporarily disable new user registrations to allow for an infrastructure upgrade. We apologize for any inconvenience caused.

I have bitcoins purchased but where can I trade them for altcoins that I want?

ladadadiweliketoparty what exchange do you use? Since you are a member I assume you have been doing this a while.

So my friend mentioned that he uses a platform called Gdax to buy bitcoins. So, I went to their website and was looking into their fees. This is what I read and I'm making sure I am understanding this correctly.

Note: Taker trades are charged tier one fees at the time of trade but a rebate for the previous 24 hours of trading fees will be credited to your account each day at 12:00am UTC.

HOW ARE FEES PROCESSED?
A 0.25% taker fee for all BTC books and 0.30% taker fee for all ETH and LTC books is collected on each trade during the day. At the end of the day (UTC 00:00), a rebate is calculated and issued. The amount of the rebate issued is calculated on the percentage of total exchange volume, per product, that a trader has participated in over the past 30 days.

For example, If 100 BTC was traded on Coinbase’s BTC/USD order book in the last thirty days and you accounted for 1.1 bitcoin, you account for more than 1% of the total volume and receive a rebate of 0.01% that day and pay an effective taker fee of 0.24%.

The rebate is issued in the quote currency.


Does this mean in the end of the day the fees is 0 cause they issue a rebate? Additionally, how can I use the BTC I purchase on this platform to made trades for other alt-coins on coinbase? I am new to this so if I am misunderstanding this please clarify.

Thanks

I believe there is a god or gods. But I do not believe in a particular religion.

That actually was a great explanation and I found some videos! Thanks so much

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