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Author Topic: Binance fee is too damn high  (Read 343 times)
Zadicar
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January 04, 2018, 11:06:29 PM
 #21

well if they charge a higher fee and process your transaction for you on time then that is better than paying a small fee and having your transaction stacked.

I think they are doing very faster transaction even though they are charging high transaction fee. The only thing we have consider is whether the transaction is being done fastly or not we have to check because when compared to block chain they are taking less transaction fee.
Come to think off since they do charge up high fess then its normal for a certain transaction to fat to confirm but yet its still not an assurance since $5 as of now is already belonged into low fee. We are not on average $10 on the main network itself. I don't have much idea on whats the recent fee on binance though but if they did retain on $5 then expect for slowness of confirmation of such transactions. Not only binance to charge up high fees even on c-cex they do charge $15 on withdrawals.

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LaLegiste
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January 05, 2018, 01:12:40 AM
 #22

Binance trading fee are ok.. but  fees to Withdraw to high >>> up to $18

CND: Withdrawal Fee: 180 >>  17.54 USD
TRX: Withdrawal Fee: 100  >>  8.69 USD
QSP: Withdrawal Fee: 30  >>  13.31 USD
REQ: Withdrawal Fee: 15  >>  11.57 USD
BRD Withdrawal Fee: 4  >>  6.85 USD
ADX Withdrawal Fee: 2  >>  5.71 USD
ICX: Withdrawal Fee: 1  >>  6.52 USD
ETH: Withdrawal Fee: 0.01   >>  9.04 USD
WABI: Withdrawal Fee: 4   >>  10.25 USD
BTC: Withdrawal Fee: 0.001  >>  15.02 USD
OMG: Withdrawal Fee: 0.3  >>  5.99 USD
SUB: Withdrawal Fee: 4  >>  4.88 USD

Just Some Examples



here is the full official list by the way: https://support.binance.com/hc/en-us/articles/115000429332-Fee-Structure-on-Binance
though it's said 0.0005 for BCC there and as i said i've paid 0.001 BCC yesterday  Huh

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January 05, 2018, 03:05:48 AM
 #23

You want to have a service available 24/7 to pump and dump your coins for profit? they are charging high fees to make it harder for you to buy a coin cheap and sell it high in different exchanges. when I want to use any exchange, I'd check for withdrawal and trading fees before depositing.
If any coin other than Bitcoin has withdrawal fee more than $1, what would the fees be when they have millions of transactions weekly?

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January 05, 2018, 03:24:44 AM
Last edit: January 05, 2018, 04:02:22 AM by LaLegiste
 #24

by the way there is the voting on binance for the next coin to be listed. raiblocks is leading right now. if it wins it will be the cheapest way to withdraw for sure.

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January 05, 2018, 06:54:42 AM
 #25

All exchanges apply a large fee, this is terrible.
I as a trader with a small income feel heavy and tormented.
if my profit runs out at the Exchanger I do not even enjoy anything from my sales.
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January 05, 2018, 02:08:00 PM
 #26

that's usually what happens in abusive sites
they increase money changing because they know you have a lot of money
they would also be impressive that the money you earned was also your long-term prospect or the money you accumulated
The time has come for somehow to reduce the money for a smaller amount
because it's a lot better to handle a lot of money, and the site builder also knows it
because they've also experienced a great deal of money that would make a change to the world of money changing, because everyone is active in posting the smaller the replaced ones will use more on your site
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February 01, 2018, 07:38:46 AM
 #27

xmr Fee: 0.04  Angry
Kingofbitcoin12345
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February 01, 2018, 08:15:26 AM
 #28

I can’t complain as I love trading using Binance than any other exchanges.. For this reasons,, the best and most interactive and user friendly platform.. The fee is worth it as I’ve not experienced problem with them and I don’t want to compare it to hitbtc and others because that’s a stupid thing.. If only Binance has every token that is listed then I don’t have to make an account on those scammed sites.. That’s has more negative reviews than a positive one..

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February 02, 2018, 02:15:09 PM
 #29

well if they charge a higher fee and process your transaction for you on time then that is better than paying a small fee and having your transaction stacked.
i notice that too. if you pay higher fee they will release your coin fast, but some exchange is really slow on transaction process because they using it manually. That's why its better to have higher fee, than your tokens to be stacked and just processing in days,
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