Binance

[fairy_fries]

I'm used to trading in Etherdelta, and now I'm trying in Finance. It's really different there and I'm really lost how to do it there. Others seem to enjoy trading it there more, And one thing I want to know is that if the trading fee there is cheaper than ED?

[777asianinvasian]

Well Etherdelta the price is set by yourself meaning you can set a super low price or high therefore it depends on the individual. However on Binance if you have the BNB coin you reduce your fee by 50% from 0.1 to 0.05 and also if you refer friends your fee can get lowered even more to 0.03 apparently. That has to be the cheapest exchange out there and they are number one for volume, hard to believe but true.

[timikulit]

At first you will be confused trading on binance. i suggest that you watch tutorials first on youtube https://www.youtube.com/watch?v=_GvBC3W7gh8.

I assure you its easy. just follow the guides and use BNB for less fees. goodluck

[Zandra]

Binance was great you must try it.
If you have bnb to reduce your fee its so easy just follow the term.
Yeah that's right binance is cheapest exchange than etherdelta.

[yukinohana.htn]

Binance is great exchange, various kind of coin, volume good,! Fee will be 0.1%, and if you use BNB coin for trading, fee will be 50% discount to 0.05%.

[numanoid]

I'm used to trading in Etherdelta, and now I'm trying in Finance. It's really different there and I'm really lost how to do it there. Others seem to enjoy trading it there more, And one thing I want to know is that if the trading fee there is cheaper than ED?

What do you mean "lost" how to do it? You don't know how to trade on binance? It's easy same as other exchange, you shouldn't face any problem if you are familar with other exchanges (Poloniex and bittrex)

[Asyifiah]

of course , fees on exchanger binance is cheap more tha etherdelta , so me too trading in there.
volume transaction is biggest more than hitbtc.
visual for Trading on exchanger binance is good full color.

[zac2013]

Yes trading fees are much cheaper on Binance typically (0.1%), if you pay using binance coin "BNB" you will get typical fees of just (0.05%)

Ether delta typical fees are (0.3%) + other fees.

Once you get used to the trading screen in Binance it's pretty easy, they also have a referral program, competitions and they support the crypto community by launching new projects / companies.

All in all they are tip top & they haven't had any big hacking issues like ether delta has.

[Viscore]

Binance is getting popular for a reason, Etherdelta is decentralized trading platform but it's risky to input your private key
to start trading and that makes it very difficult for some trader to do it as their tokens might be stolen.
At least in binance you can use 2FA.

[marlonBitCoin]

Binance is the most user friendly and efficient exchange I have ever used, unlike ED once you get used to it it is very easy to do trading.

[yndye]

I'm used to trading in Etherdelta, and now I'm trying in Finance. It's really different there and I'm really lost how to do it there. Others seem to enjoy trading it there more, And one thing I want to know is that if the trading fee there is cheaper than ED?

I am trading in etherdelta and in binance as well. What I like in binance is that I can do a proper technical analysis because there is a proper chart while in etherdelta there is none. Bitcoin can be use as base coin in binance while in etherdelta it is just ethereum. Most of the coins have volume in binance while in etherdelta, there are many coins that are not moving at all. I like etherdelta though because I can buy coins at a cheaper price since ERC 20 coins most of the time are first listed there before getting in a bigger exchange. You can get a 50% off in trading fee when you choose BNB as fee instead of the coin you are trading.

[ATTN]

Can you maybe tell us what you're specifically having trouble with? Binance is pretty clean (especially compared to Etherdelta).

[GreatOrchid]

I'm used to trading in Etherdelta, and now I'm trying in Finance. It's really different there and I'm really lost how to do it there. Others seem to enjoy trading it there more, And one thing I want to know is that if the trading fee there is cheaper than ED?

There are two things that you are not understanding in here.

First of all, it is BINANCE, not Finance, haha, i think that you made a huge typo mistake in there.

Anyway, Etherdelta is just for Ethereum and ERC20 tokens transactions in there, binance is for almost all the altcoins, except those who are shitty ones.

So make your own decision, binance is the most huge exchange at the moment, and no, the fees are not lower.

[Andrey123]

These are two terrible exchanges!
I do not understand why there to climb and keep money there ...

[Domp1]

Trading fee is one of the lowest of you choose to have some Binance coins in your wallet. Its 0,05% then which is quite nothing if you bought the binance coins some time ago. They are too rising very fast

[Lionfortis178]

I really like BInance too, do most of my trades there. It can be a bit overwhelming indeed but you'll get used to it pretty quickly!
The tradingfees are low as well and they have a lot of coins listed, definitely a winner imo.

[Bukx]

Well Etherdelta the price is set by yourself meaning you can set a super low price or high therefore it depends on the individual. However on Binance if you have the BNB coin you reduce your fee by 50% from 0.1 to 0.05 and also if you refer friends your fee can get lowered even more to 0.03 apparently. That has to be the cheapest exchange out there and they are number one for volume, hard to believe but true.

I heard about binance before that its the one of the top exchanger that i have ever heard.
Regarding the reducing fee when we have binance coin and also refere to somebody, it sounds interesting.

[Bitcoincole]

Well Etherdelta the price is set by yourself meaning you can set a super low price or high therefore it depends on the individual. However on Binance if you have the BNB coin you reduce your fee by 50% from 0.1 to 0.05 and also if you refer friends your fee can get lowered even more to 0.03 apparently. That has to be the cheapest exchange out there and they are number one for volume, hard to believe but true.

I heard about binance before that its the one of the top exchanger that i have ever heard.
Regarding the reducing fee when we have binance coin and also refere to somebody, it sounds interesting.

I would say yes, binance is cheaper than etherdelta in making exchange or trading and the transaction fees are so low compared to etherdelta, in terms of security it was fully secured safe in loses or hacking accounts. It so easy to transact and in as fast and easy right there you got it the right amount.

[thesmallgod]

i understand how you feel. the same thing happen to me few weeks ago when i opened binance account but once you start familiar with their navigations you will know better how to trade on it. transaction fees is one of what differentiate most trading platform. i am being charged 0.05% per transaction. i still remember the same amount was charged when i bounght some appcoin.

[Fredomago]

Well Etherdelta the price is set by yourself meaning you can set a super low price or high therefore it depends on the individual. However on Binance if you have the BNB coin you reduce your fee by 50% from 0.1 to 0.05 and also if you refer friends your fee can get lowered even more to 0.03 apparently. That has to be the cheapest exchange out there and they are number one for volume, hard to believe but true.

I heard about binance before that its the one of the top exchanger that i have ever heard.
Regarding the reducing fee when we have binance coin and also refere to somebody, it sounds interesting.

I would say yes, binance is cheaper than etherdelta in making exchange or trading and the transaction fees are so low compared to etherdelta, in terms of security it was fully secured safe in loses or hacking accounts. It so easy to transact and in as fast and easy right there you got it the right amount.

Binance is a good alternative if you are already familiar with polo and bittrex, there's a;ready a lots of people who uses this platform and they are enjoying it, ED can be use for those coins which been build inside eth tokens so if there's no available exchange yet then ED is the only option for those holders of said token, for me personally i will rather use binance as they have 2fa good way to protect your assets.