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antigin
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February 06, 2018, 07:15:28 AM |
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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. |
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jerry0
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February 06, 2018, 02:57:57 PM |
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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. |
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newcoin01
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February 06, 2018, 03:18:25 PM |
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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. You need to turn on(I think it's automatically turned on already) and need to have BNB in your account to pay it with BNB. |
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ducnguyen3293
Newbie
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Activity: 76
Merit: 0
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February 06, 2018, 03:33:59 PM |
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i think 50$ in 2018
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jerry0
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February 06, 2018, 03:37:02 PM |
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Wait. So you need to buy BNB to pay for the trading fees? Can someone here confirm this? So say you trade btc for lisk for example... you telling me if you want to pay with the discount, you need to have bnb enough to pay for the fees? Thus instead of paying for frees directly, you will be paying with bnb?
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antigin
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February 06, 2018, 04:35:37 PM |
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Wait. So you need to buy BNB to pay for the trading fees? Can someone here confirm this? So say you trade btc for lisk for example... you telling me if you want to pay with the discount, you need to have bnb enough to pay for the fees? Thus instead of paying for frees directly, you will be paying with bnb?
Yes, of course! You need BNB coins on your account balance and discount option switched ON. Then your fee will be 0.05% on any trade, but the commission will be charged in BNB and again on ANY trade. So that why you need to buy and hold at least some amount of BNB on your account. |
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somewhan
Member
Offline
Activity: 130
Merit: 10
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February 06, 2018, 11:59:33 PM |
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yeah should have some bnb to pay for fee's - even if its just like one, it's probably worth it unless you use binance only once.
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jerry0
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February 07, 2018, 12:34:02 AM |
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Okay so for example. Say i want to buy 500 dollars of a coin. Trading btc for that altcoin. What i should do is buy like just 1 dollar worth of binance and thats enough since converting 500 worth of btc to altcoin cost around 0.25?
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go4crypto
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February 07, 2018, 12:40:50 AM |
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Yes, it should work like that even though I have more BNB in account. Given that BNB coin also
goes up nicely over time, holding it is just fine.
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jerry0
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February 07, 2018, 12:46:15 AM |
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Can someone explain how do i buy a bnb coin at binance? I have btc already in my binance account. I want to buy a coin but i want to get the discount etc. Could i buy just 1 dollar of the bnb coin or should i buy 1 bnb coin? The thing is i dont plan to do lot of trades etc. But i guess it doesnt even matter since if i dont need it... well binance coin goes up and down in price right? Thus i could always convert it back to btc or usdt?
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jerry0
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February 07, 2018, 12:49:15 AM |
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Also im confused looking at the binance chart. When i click on a coin, there is how much coins are available at btc price on the top and the bottom.
The top is the buy price and the bottom is the sell price right?
On bittrex, the buy is on the right side and sell is on the left.
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Panzersin
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February 07, 2018, 12:49:26 AM |
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You need to turn on(I think it's automatically turned on already) and need to have BNB in your account to pay it with BNB.
no it's not automatically. You can choose what fees you would like to use. But ofcourse many people would choose pay with BNB token. |
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jerry0
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February 07, 2018, 02:19:09 AM |
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Hey all. I bought a tiny amount of bnb coin for the 50 percent fees.
When i go to buy the altcoins with my btc... i click on market price. Then let say when you click on how much it shows you the max. Say you could buy 1000 of these coins and each are around 5 cent. When i put down 1000, it says
order failed insufficient balance binance
Can someone tell me why? Does that mean i need to put 999?
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jerry0
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February 07, 2018, 02:23:29 AM |
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I tried 999 still same error. Can someone tell me why im having this issue?
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antigin
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February 07, 2018, 03:24:26 AM |
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I tried 999 still same error. Can someone tell me why im having this issue?
It's possible that market price may have increased between you clicked Max and Buy buttons. Try to use limit order or try again market order, for example, quickly click limit then market tab then max and buy or try to decrease amount to buy. |
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jerry0
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February 07, 2018, 03:45:12 AM |
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I got it to work with the market order. But if i do the limit order, what price btc am i suppose to put it at? Is it the price in terms of btc on the top or bottom chart with the amount of coin available and the price? Because i assume its the top one as the price there is higher?
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jerry0
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February 07, 2018, 06:26:32 AM |
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Hey all. Does anyone have an issue where when you go to binance site and then click log in, it would keep refreshing the page over and over again? i cannot even log into binance because of this.
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revepatro
Newbie
Offline
Activity: 29
Merit: 0
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February 07, 2018, 12:14:29 PM |
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Hey all. Does anyone have an issue where when you go to binance site and then click log in, it would keep refreshing the page over and over again? i cannot even log into binance because of this.
I have a variant where "monster eats the image" regardless if I move the piece in 1 sec, 10 sec or 5 mn, it doesn't care, can't log in either. binance app works though, good thing I don't need to withdraw anything right now... |
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yillusion
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February 07, 2018, 02:44:49 PM |
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its time to buy BNB now, which maybe the lowest ever from now on, we may never see the price about $5, one thing is that if the first exchange in blockchain world cant stay in a high price, what will things be
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jerry0
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February 07, 2018, 03:00:53 PM |
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Still having the issue where i go to binance website and when i click on log in, it keeps refreshing over and over. Anyone know how i can fix this issue?
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