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Q&A Thoughts on Binance?

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Doomsday
post Feb 1 2021, 05:37 PM

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QUOTE(whyamiblack @ Feb 1 2021, 05:13 PM)
How much is deposit fee to binance? Correct me if I'm wrong but Luno is free and myr > btc can go as low as 0.25%.
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ask mafioso, he jsut tried out LUNO last night.. I told him binance much easier actually.

I haven't been using LUNO for past 3 years after Binance launched.
The last time I used was transfer my remaining BCH to hardware wallet and it took 1 FUKEN WEEKS TO PROCESS my withdraw doh.gif doh.gif

QUOTE(Sedih @ Feb 1 2021, 05:33 PM)
Dunno register using whos link the referral machiam tiada
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aduhhhhh, mungkin dia sudah songlap all the bonus kickback tu.

I split 10% 10% to both parties, baru fair.
whyamiblack
post Feb 1 2021, 05:43 PM

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QUOTE(UserU @ Feb 1 2021, 05:32 PM)
On Luno, if the deposit is below 0.0001 BTC, you have to pay for the network transfer fee.
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On binance it stays 0.1%? If so that's nice.

QUOTE(Doomsday @ Feb 1 2021, 05:37 PM)
ask mafioso, he jsut tried out LUNO last night.. I told him binance much easier actually.

I haven't been using LUNO for past 3 years after Binance launched.
The last time I used was transfer my remaining BCH to hardware wallet and it took 1 FUKEN WEEKS TO PROCESS my withdraw  doh.gif  doh.gif
aduhhhhh, mungkin dia sudah songlap all the bonus kickback tu.

I split 10% 10% to both parties, baru fair.
*
I'm using Luno. Using exchange fee is 0.25%. Saw some yt video of older luno, used to be able to get 0% with exchange.
UserU
post Feb 1 2021, 05:49 PM

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QUOTE(Sedih @ Feb 1 2021, 05:33 PM)
Dunno register using whos link the referral machiam tiada
*
The reflink gets mangled to flyingspaghetti monster here laugh.gif
UserU
post Feb 1 2021, 05:50 PM

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QUOTE(whyamiblack @ Feb 1 2021, 05:43 PM)
On binance it stays 0.1%? If so that's nice.
Binance has no fees for deposits.
Doomsday
post Feb 1 2021, 06:01 PM

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trade using BNB even got discount smile.gif

ShinG3e
post Feb 1 2021, 06:49 PM

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QUOTE(steady bro @ Feb 1 2021, 03:26 PM)
i used to be using bittrex last time when i first started crypto

but for now binance is the best ledi, its the biggest exchange with the biggest volume and have the most coins traded, theres so many counters

and verification process is simpler than other exchanges
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i remember my first exchange is poloniex hahahaha. then bittrex. then bitfinex. then cryptopia for ICO shitcoins. then binance. rclxms.gif

but binance currently tops hands out. variety of services and product under 1 roof.
veiven
post Feb 1 2021, 06:55 PM

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Gonna be shameless and shill my referral link

https://www.binance.cc/en/register?flyingspaghettimonster=CO6JW7M8

10% trading discount for you
And 10% for me.

Win win situation if you register through my link and if you have no referral link to register with
steady bro
post Feb 1 2021, 06:57 PM

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QUOTE(ShinG3e @ Feb 1 2021, 06:49 PM)
i remember my first exchange is poloniex hahahaha. then bittrex. then bitfinex. then cryptopia for ICO shitcoins. then binance.  rclxms.gif

but binance currently tops hands out. variety of services and product under 1 roof.
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yeah, last time i used to like bittrex alot cos its the safest last time and big volume alot of coins

but then binance starts to eat up most of the market share and volume, no choice hav to switch to binance
SUSEnterYourName
post Feb 1 2021, 07:01 PM

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How to transfer fund into binance to start buying? Credit card?
MrChubbyChocobo
post Feb 1 2021, 07:07 PM

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QUOTE(EnterYourName @ Feb 1 2021, 07:01 PM)
How to transfer fund into binance to start buying? Credit card?
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P2p.. buy usdt with by bank in our myr
ShinG3e
post Feb 1 2021, 07:38 PM

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QUOTE(steady bro @ Feb 1 2021, 06:57 PM)
yeah, last time i used to like bittrex alot cos its the safest last time and big volume alot of coins

but then binance starts to eat up most of the market share and volume, no choice hav to switch to binance
*
yup i agree. pointless to trade in a low liquidity exchange, which is easy to manipulate price. biggrin.gif
teehk_tee
post Feb 1 2021, 07:44 PM

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QUOTE(Doomsday @ Feb 1 2021, 05:37 PM)
ask mafioso, he jsut tried out LUNO last night.. I told him binance much easier actually.

I haven't been using LUNO for past 3 years after Binance launched.
The last time I used was transfer my remaining BCH to hardware wallet and it took 1 FUKEN WEEKS TO PROCESS my withdraw  doh.gif  doh.gif
aduhhhhh, mungkin dia sudah songlap all the bonus kickback tu.

I split 10% 10% to both parties, baru fair.
*
how's the withdrawal/transfer fees for Binance?

I tend to buy quite a bit of stablecoins & alts for metamask.
steady bro
post Feb 1 2021, 07:45 PM

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QUOTE(ShinG3e @ Feb 1 2021, 07:38 PM)
yup i agree. pointless to trade in a low liquidity exchange, which is easy to manipulate price.  biggrin.gif
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but sad to see bittrex end up like that, they were one of the top volume exchanges last time, and they were one of the first to implement those security measures like 2FA etc

now they are not even in the top 10 or 20 exchanges, daily volume not even 10% of binance's laugh.gif

but yeah u are right, no point trading in a low volume exchange, when u want to sell ur coins theres nobody to buy it laugh.gif
Doomsday
post Feb 1 2021, 07:49 PM

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QUOTE(teehk_tee @ Feb 1 2021, 07:44 PM)
how's the withdrawal/transfer fees for Binance?

I tend to buy quite a bit of stablecoins & alts for metamask.
*
transfer fee? just like normal network transfer fee la..

can use P2P for fiat conversion.

trading only 0.1% fee.. very cheap yo compared to other reputable like Bittrex Bitfinex and LUNO.

I also have Metamask for other portfolio as well. Just parking, not goina touch it.
Doomsday
post Feb 1 2021, 07:51 PM

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QUOTE(steady bro @ Feb 1 2021, 07:45 PM)
but sad to see bittrex end up like that, they were one of the top volume exchanges last time, and they were one of the first to implement those security measures like 2FA etc

now they are not even in the top 10 or 20 exchanges, daily volume not even 10% of binance's laugh.gif

but yeah u are right, no point trading in a low volume exchange, when u want to sell ur coins theres nobody to buy it laugh.gif
*
I withdraw all my coins to Binance for parking.. yeap no point trading at low volume exchanger. While others are in real time trading, u get lagged out and lost the opportunity
ShinG3e
post Feb 1 2021, 07:55 PM

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QUOTE(steady bro @ Feb 1 2021, 07:45 PM)
but sad to see bittrex end up like that, they were one of the top volume exchanges last time, and they were one of the first to implement those security measures like 2FA etc

now they are not even in the top 10 or 20 exchanges, daily volume not even 10% of binance's laugh.gif

but yeah u are right, no point trading in a low volume exchange, when u want to sell ur coins theres nobody to buy it laugh.gif
*
either innovate or die. binance and bitfinex aggressive in expension, introducing new product and services whereas bittrex just remain... like that. no big features like the current exchanges that put alot of things under 1 roof.

oh well. maybe there will be another one to take on binance? brows.gif
steady bro
post Feb 1 2021, 07:58 PM

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QUOTE(Doomsday @ Feb 1 2021, 07:51 PM)
I withdraw all my coins to Binance for parking.. yeap no point trading at low volume exchanger. While others are in real time trading, u get lagged out and lost the opportunity
*
same here lol, i dont park in wallets cos it will be a hassle when want to sell them during ATH or bull period, i rmb back in 2017 i had my btc parked in the wallet, that time $20k ATH i want to transfer out and sell, the transaction fee is rm1k++ for normal transfer speed doh.gif doh.gif , in the end didnt managed to sell and btc crashed the next few days doh.gif
Doomsday
post Feb 1 2021, 08:02 PM

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QUOTE(steady bro @ Feb 1 2021, 07:58 PM)
same here lol, i dont park in wallets cos it will be a hassle when want to sell them during ATH or bull period, i rmb back in 2017 i had my btc parked in the wallet, that time $20k ATH i want to transfer out and sell, the transaction fee is rm1k++ for normal transfer speed doh.gif  doh.gif , in the end didnt managed to sell and btc crashed the next few days doh.gif
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get rekt bro.. I kena game by LUNO last 2 weeks ago jer.

I just happen to salvage whatever I have on LUNO to my ledger nano. Remaining BCH transfer from LUNO to ledger took 1 week

1 FUKEN WEEK!!!!!!!!

FUK LUNO.
steady bro
post Feb 1 2021, 08:03 PM

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QUOTE(ShinG3e @ Feb 1 2021, 07:55 PM)
either innovate or die. binance and bitfinex aggressive in expension, introducing new product and services whereas bittrex just remain... like that. no big features like the current exchanges that put alot of things under 1 roof.

oh well. maybe there will be another one to take on binance?  brows.gif
*
i think they got hit hard by the US regulations too (since they are US based), alot of KYC needed to be performed on their customers, even those foreign ones, eventually many non-US users moved to other platforms like binance and yup that time binance aggresively expanding, take away all the bittrex clients laugh.gif

nowadays bittrex mostly US users and the active counters are BTC, ETH and a few famous coins, other counters all virtually dead laugh.gif
steady bro
post Feb 1 2021, 08:06 PM

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QUOTE(Doomsday @ Feb 1 2021, 08:02 PM)
get rekt bro.. I kena game by LUNO last 2 weeks ago jer.

I just happen to salvage whatever I have on LUNO to my ledger nano. Remaining BCH transfer from LUNO to ledger took 1 week

1 FUKEN WEEK!!!!!!!!

FUK LUNO.
*
wahh 1 week sad.gif , ban luno liao!

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