Crypto to crypto exchange transactions available on Binance

[Unblock_news]

Binance launched a new project which allows Binance users to have an over the counter or crypto-to-crypto exchange trading. 

https://www.unblock.news/news/crypto-to-crypto-exchange-transactions-available-on-binance

[OmegaStarScream]

It's a good service to provide I suppose since, it gives you the ability to do the trades under the radar (private) and also, won't affect the order books but this is apparently, not for the average user as the smallest amount to trade with is 20 BTC.

[shursight]

Well Binance also announced today that you can now purchase with credit card.

https://coindoo.com/binance-just-enabled-debit-and-credit-card-payments/

[Tstar]

Binance launched a new project which allows Binance users to have an over the counter or crypto-to-crypto exchange trading. 

https://www.unblock.news/news/crypto-to-crypto-exchange-transactions-available-on-binance

It's good, because it may cause OKex to fix their ultra high fees, but in most cases, OTC is almost irrelevant for small traders like most of us.
OTC trading is used when you want to buy/sell big without disrupting current rates. And the requirements of min. 20BTC for OTC is proving it.

[leowonderful]

Well Binance also announced today that you can now purchase with credit card.

https://coindoo.com/binance-just-enabled-debit-and-credit-card-payments/

If you (or anyone else here) chooses to buy crypto on Binance with a credit or debit card, note that verification is necessary for purchase. There's more information on the entire credit or debit card purchase process here (click for link) on the official Binance site. There's also a discussion thread on this in the Service Discussion section (link to thread here). It appears Binance is using Simplex to process payments through cards, can't speak of how quick or easy the process is though as I've never used Simplex before.

[sclmte]

Binance is the best and efficient of all crypto exchangers and is the first of all because it provides great benefits and high volume prices. if the opportunity has an extra binance and it's called a crypto in crypto, I'm really sure of its benefits because the binance does not give it a bad thing for everyone. it provides enough value as a success.

[moynul2050]

This is the good news that many people expect, it's not wrong for me to choose BNB tokens as one of the types of altcoin that I make as an investment, I'm sure their platform will continue to grow. and it is hoped that with the continued development of the platform they have will be able to boost the price of their coins.

[davis196]

It's a promising idea.Imagine all cryptocurrency exchange plaftorms connected into one big crypto marketplace.Anyway,I'm not a big altcoin/token fan and all this might look like "centralization",which means that it would be more vulnerable to hacker attacks or even stupid and expensive government regulations.

[nicolas1979]

Binance launched a new project which allows Binance users to have an over the counter or crypto-to-crypto exchange trading. 

https://www.unblock.news/news/crypto-to-crypto-exchange-transactions-available-on-binance

Binance always give us something new to increase their customers quantity, I only say this is the best exchanges. Today, binance must show their performance because competition already begin. Become the best is not impossible but give best services is the main part and now they built it with the right way. Keep going Binance and number one will be yours.

[cabron]

If it doesn't affect the market, then I think it won't also help in making the price go up.  I'm sure the prices will differ if you buy the coins using credit cards, it may even cost almost a double to its currency price but if its not going to be taken from the order book, it won't affect the supply and demand. The only that will make money is BNB.

[LeGaulois]

Binance becomes too big. It makes me think about the Central Bank of Crypto
Be careful Binance doesn't become too  big and get too much power/authority in a near future, otherwise, it will really become a central bank

[Coyster]

Binance has so much improved in the past years,and with more and more features to help it's customers to trade easily.
I think this is a good service to their customers and will further more boost their popularity and attract more investors

[logfiles]

If it doesn't affect the market, then I think it won't also help in making the price go up. 

Then perhaps it won't help the price to go down too  , Just kidding.
I think binance has enough volume of traders that all this remain normal. It's just a few individuals that will be trading OTC and although their volumes of BTC might be so big, It still won't stop ordinary traders from doing their normal trades.

[St4yInTh3D4rk]

Binance becomes too big. It makes me think about the Central Bank of Crypto
Be careful Binance doesn't become too  big and get too much power/authority in a near future, otherwise, it will really become a central bank

That is why we need to use their decentralized exchange when they are released,we don't want to see another big exchange hack in future because it will completely ruin the reputation of crypto currency which took years to build.

[wuvdoll]

I see a news about how binance started a OTC crypto to crypto exchange, I click it and can read the article, I can see the binance tweet, then I can see the conference pictures and talk. Yet I fail to see where the OTC crypto to crypto link is.

I mean they are improving their exchange a lot and to be honest with you I didn't expect binance to become this big during their ICO time and tought they would be just another exchange, to think that this new ICO exchange that required funding from us to be able to run their website actually became the biggest exchange is really beyond measure, they are great.

However, I still can't find where that OTC crypto to crypto exchange is, am I missing something, where is it located on the website can anyone help me ? Credit card deal is amazing but I do not use credit cards so I would prefer to check out this crypto to crypto thing.

[electronicash]

I see a news about how binance started a OTC crypto to crypto exchange, I click it and can read the article, I can see the binance tweet, then I can see the conference pictures and talk. Yet I fail to see where the OTC crypto to crypto link is.

I mean they are improving their exchange a lot and to be honest with you I didn't expect binance to become this big during their ICO time and tought they would be just another exchange, to think that this new ICO exchange that required funding from us to be able to run their website actually became the biggest exchange is really beyond measure, they are great.

However, I still can't find where that OTC crypto to crypto exchange is, am I missing something, where is it located on the website can anyone help me ? Credit card deal is amazing but I do not use credit cards so I would prefer to check out this crypto to crypto thing.

This should also be the projects that did an ICO in the past. Think about what they can do being a team, what they can achieve when they just think of the growth and not about dumping what they got and then run away. Binance had it all since the prices went ATH but I don't see them cooking something to end up like they are hacked.  

[Unblock_news]

Well Binance also announced today that you can now purchase with credit card.

https://coindoo.com/binance-just-enabled-debit-and-credit-card-payments/

Great news! Thanks 

[Unblock_news]

This is the good news that many people expect, it's not wrong for me to choose BNB tokens as one of the types of altcoin that I make as an investment, I'm sure their platform will continue to grow. and it is hoped that with the continued development of the platform they have will be able to boost the price of their coins.

Yes, you're right! Also, binance is one of the best crypto exchange that is being utilized by many crypto enthusiasts because of its good features and services.

[Ucy]

Good luck on that but always remember that Trading on centralized exchange is too dangerous. Don't put your whole coin on the exchanges unless the exchange policy includes the refund of customers fund once stolen.

[Naida_BR]

Well Binance also announced today that you can now purchase with credit card.

https://coindoo.com/binance-just-enabled-debit-and-credit-card-payments/

Well, okay... Binance has this option... But how many people can actually do it? I mean that Banks have already regulated this option of buying (including in my country). I am not able to use my card in order to buy the cryptocurrency of my preference. I can only do it by sending SEPA. If Binance has this option too then it is a good step for mass adoption.