YOU COULDN’T PAY ME TO USE BINANCE EVER AGAIN!!!! International bank transfers usually carry a pretty hefty cost. where do i go ??? Is my ether gone now? However, the exchange fails to provide users with enough information on how the funds are being secured, yet we like to believe that security is taken seriously. We have now carried out a full review of Binance Jersey, so take a look for more indepth details about the new platform. Each account is linked to a mobile number, and users should ensure to use the mobile number provided when first completing the verification process. Read our updated guide on BNB price prediction. Furthermore, they have continually ignored all my tickets. If you pay using BNB, you currently receive a 50% discount on the trading fee, 25% during the second year, and so forth – bringing it down to 0.05%. As the funds land in your margin wallet, you will be able to use them as collateral to borrow cryptocurrency for trading. Hey Sven, they will estimate the value of your Altcoins in a BTC value. Credit Card allows you to dispute the charge Binance withdrew money from my bank twice and more than 30 days later did not credit my bianance account or refund the money to my bank. Binance has often been praised for its wide variety of support coins. For example, Binance is a China run, China based company. Oliver Dale you seem very knowledgeable of this site. Binance bans Chinese resident access to cooperate Chinese government but do not pose any issue on other countries. To make a trade, navigate back to the exchange dashboard by clicking either “. Check the news by clicking the tab on top line. SMS code they send says good for 30 mins when you receive it. OR you will never see your money again not even if you show them a picture,driver license of yourself,They make it impossible .Only what they ask you which is bad news and not right in my opinion,I use Coinbase and Bittrex exchanges also they are more people customer friendly.And know how to still manage security and help customers not lose their hard earned money.But Binance exchange is hard and cruel BE WARNED THIS IS NOT A JOKE.they are moving to MALTA from China BE WARNED……. I’m a beginner into crypto and have a question, is some can answer please. I´m trying to get a level 2 withdrawal limit, however my application was rejected due to the cover of my passport being faded. To use the exchange, users will first have to create an account. Same situation here with me. Contact [email protected], Can I just buy iota and kept them and sold them after ayear, We recommend you withdraw them from the Exchange to your own wallet to hold them. buying cryptocurrencies with debit/credit cards. 2 btc/day withdrawal means altcoins worth 2 btc as well? Once your desired currency has loaded, take note of the left-hand column which shows prices that people are willing to sell at in the top half in red and prices people are willing to buy at in green in the bottom half. You need to enable either two-factor authentication (2FA) or Google Authenticator in order to be classified as Level 2. In this article, you are going to learn how to purchase, sell, spot trade, stake, and margin trade cryptocurrencies on Binance exchange. I’m annoyed there isnt much of a description for these things on the site. One more thing worth noting is that Binance also supports some trading pairs which use Ethereum as a base currency. The process behind this is fairly simple and straight-forward and you don’t have to verify your account for level 1 which is a 2BTC daily withdrawal limit. as i do not know if Binance will consider this “swapping” as a trade. It’s possible to purchase Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and XRP tokens by Visa and MasterCard and the benefits of using a debit or credit card on Binance include: In order to purchase the supported cryptocurrencies with a debit or credit card, users can first go through the official instructions page and then visit: https://www.binance.com/en/creditcard. @ Oliver Dale trying to transfer XLM to one of Stellar’s wallets. Binance is the largest crypto exchange in terms of trading volume, so, naturally, it is one of the first options to be considered by investors. But switching the modes from Lite to Professional is very easy through the app’s settings. But coinbase isn’t available in every country, is there another way i can buy bitcoin with a debit card? Only Cobinhood could be better with 0 fee. Binance decided to fully cover these losses using their “SAFU” security fund, and reimbursed all users of any losses they suffered. @YutCheung @BinanceHelpDesk Hi, I'm [email protected] My Binance debit card has stopped working entirely. Where is the withdrawl memo located? Once you’ve selected your desired trading pair, simply enter the desired amount of currency you want to buy. Yesterday i made few transactions. It’s a simple, easy-to-get-used-to setup offering basic and advanced overviews that look similar but offer different levels of data/tools. Binance is one of the crypto unicorns. All buy-back transactions will be announced on the blockchain. Binance is one of the largest and most popular cryptocurrency exchanges which initially started in China but then relocated their headquarters to the crypto-friendly Island of Malta in the EU.Binance is popular for its crypto to crypto exchange services.The company raised around $15 million in an ICO in July 2017. I wouldn’t doubt that in another year’s time that list will grow if LEGIT crypto outfits don’t start doing something to warn consumers and steer them in the direction of companies that won’t rob them blind. The myriad of coins and low and competitive trading fees found on Binance are unmatched. Neither the basic, nor the advanced versions are bound to be easy to use for complete beginners. Still i am fighting for that. The Basic view is nicely designed and well laid out, all the information you need is clearly presented with prices on the left, graphs in the center along with the buy and sell boxes and the trade history is presented on the right so you can quickly see what the latest trade prices were. If you want to deposit some fiat currency, fees vary from 3-5%, a standard rate for buying cryptocurrencies with debit/credit cards. each at different prices on diff. Please don’t transfer or buy any type of fund in Binance go for the Coinbase or Kraken. SMS code will let you sign into account, but when you go to make a withdraw it mysteriously doesn’t work. Binance service is so good Binance service {{/872:"256":6767@. Also in 2018 bitshares can be interesting. When trading on Binance, Binance charges a flat 0.1% fee on each trade. Here are some examples to give you an idea of the fees you will be paying for withdrawals: When it comes down to transfer limits, there is no limit on the number of coins that you can deposit. Those who visit Binance for the first time will quickly notice that the platform offers two options for digital currency trading- basic and advanced. Is that normal fee or i missed something ? Is therte a settlement period. Below are main perks and features of Binance Lite: KYC is a mandatory feature these days – in order to complete the verification process, it’s necessary to submit 1 or 2 forms of government issued ID documents as a Passport, Driver’s Licence, or Medicare card, in addition to your residential address. According to official IOTA forum: https://forum.iota.org/t/binance-remains-the-only-option-for-trading-iota/6409/2. Yes, you will need to swap Litecoin for Bitcoin and then trade that for other currencies. The verification process requires users to provide Binance with their full name, country, gender, a photo of passport/government-issued ID, and even a selfie with the passport. Its is simple and its fees are reasonable and cheap and for an exchange/wallet it has a decent referral program. It will secure ways for secondary trading of equity tokens and enable companies around the world to fundraise on Blockchain in a legal way while offering much-needed liquidity. How can I use binance api for automated trading on Tab Trader? Enter the code and it tells you when you bad tag# or code expired. Such a blockchain is basically a permissioned, private network, where only select members will get to take part in maintaining and validating it. +100s more cryptocurrencies with new ones being added almost on daily basis. Many investors have taken a closer look at Binance since Yi He joined the platform. Registered Company No.05695741 Network: Moneycheck - Finance News / Beanstalk - iGaming News / Circlo - eCommerce Reviews. Binance users who live in China will find links to WeChat resources on the Binance home page. We have upgraded our review scores below and we feel this is a huge improvement to Binance’s Exchange offering, if they manage to roll this out to even more countries ( USA is currently excluded) it could be a game changer as people now have an extra, regulated fiat on and off ramp for their holdings. Hi , can i deposit and withdraw XRP to and from Binance XRP wallet without verification ? This is perfect for rookies to mid-level traders and Binance has set Lite version to be the default app once you download it. When you TRADE on Binance with BNB pairing, they charge no fees. Throughout this event, Binance acted exemplary and have been praised for their swift action in resolving this. It immediately acquired 20,000 registered … Binance vs eToro: General info. Source: Royal Bank of Canada blog. When he's not writing, you can find him reading, traveling, or taking one of his hobbies to the next level. https://blockonomi.com/coinbase-review/, Hi. This is an amazing platform where to start your Crypto trading steps, Crypto guys for the great work that you do, keep up that! Support staff for exchanges have to be carefully vetted and trained due to the technicalities and security requirements involved – unlike other traditional companies where staff can be trained quicker. This is more positive news for Binance as they aim to consolidate their position as the world’s number one Crypto Exchange. Can you help me. Now that your account is funded, you can simply start trading, exchanging and investing in various digital currency pairs. Click here to learn what these coins are (watch till the end of the presentation). Because, I would like to understand how to transfer, collect and automatically deposit my earnings into a wallet and what wallet is the best? Purchasing the Binance coin itself looks like a good investment for the future as the exchange plans to use their profits to buy back a portion of the coins every quarter and destroy them: hence decreasing the supply and making them more valuable for holders. i just joined and want to start what do i do with the deposit address?? As mentioned before, Binance also supports numerous tokens, as part of ICO listings. He was the Founder and CEO of BijieTech, Co-founder and CTO of OKCoin, and the Head of Development at Blockchain before working on Binance. You have to fund it with cryptocurrency, such as Bitcoin or Ethereum which you can purchase with Fiat from coinbase – https://blockonomi.com/coinbase-review/. Go to your Binance account dashboard, select the “margin” tab and click “open your margin” account. When I click on Verge and the withdraw that’s where I get that error. Crypto will get outlawed if these companies and app creators don’t stop fleecing people. I’m trading at Binance for some weeks now and i’m satisfied with this platform. They offer 50%-cheaper TRADING with BNB. Scaling has been a significant issue for decentralized exchanges in the past, as their inability to process high transaction throughputs ultimately led to major losses of on-platform liquidity and transaction volume. I bought some ripple on binance on Sunday and in the last 24hrs it’s up 46% but my binance balance is the same as Sunday , I got an email from binance saying that my IPA siting been changed and if I did not do that I should deactivate my account and contact binance I check my account and sure my XRP coins disappeared so I deactivated my account the problem that I been trying to contact binance but no reply multiple emails and multiple requests and no reply My account is locked and I have no access to my funds I got screwed stay away. And as time has progressed, time and time again Binance have proven to be one of the very best, if not the best, exchanges available. Binance the exchange has continued to innovate, bringing new products to market and new options for purchasing and trading cryptocurrencies to all corners of the globe. Binance Jersey is a subsidiary of Binance which allows European residents to perform fiat-to-crypto purchases of cryptocurrency. It’s a straightforward process to purchase and sell cryptocurrencies through the Binance platform. Now to place a buy order, use the center box underneath the graphs and you will see the buy box is in green on the right. Check out Binance reviews on Revain. Is that right Binance is the only serious market for IOTA now? Thanks for that review. If not already done, it’s also necessary to complete your Binance account verification, as token sales are carried out in compliance with the regulatory requirements in supported user jurisdictions. Never a day goes by without one of those reviews landing on their app in Google Play or on their actual business website as feedback posts. In the first months of 2020, Binance added the option to buy crypto directly for fiat on its main platform as well. Yes, of course when Oliver mentioned “swap” he referred to trade. In December 2017, the BREAD and GIFTO projects were able to hold successful token sales on Binance Launchpad and projects such as BitTorrent and Fetch.AI have also held successful launches in 2019. Let’s start this Binance review by telling you where Binance is located: they have first relocated to Hong Kong from China and then moved to a small european island of Malta. Users can exchange crypto via different avenues of fiat payments, like PayPal, Skrill, Neteller, ACH etc. Set the amount you want to borrow and click “confirm borrow”. These are surely some of the lowest fees available at this time. For Binance withdraws, will the same coinbase account that I used to make my deposit appear, or do I need to put in a hard address of my coinable account? The official IOTA wallets are located here : https://iotasupport.com/walletknowledgebase.shtml, How long can you store your currency on binance I’m intending not to buy Just deposit and hope my coins surge will it be allowed. Binance staff very lacking in English is the heart of the matter and I’m very concerned with this exchange. XLM Withdrawal Address, can i deposit the australian dollor to cryptocurrency, You can purchase BTC, Litecoin or Ethereum from Coinbase and then send that to Binance to purchase other currencies. Worth noting, Binance provides customer support in 7 languages! According to a terse, two-sentence statement on the Royal Bank of Canada’s website, the Canadian bank no longer allows its customers to use their credit cards to buy cryptocurrency. When using the service, it’s necessary to follow the instruction prompts after the order page and go through the verification. Sell your LTC and receive BTC, then use the BTC to buy POE. However, anyone with a background in digital currencies and with a bit of knowledge into how exchanges work should be able to use the platform and its different services. Is it safe to keep crypto on Binance? I also have good smooth experience in all aspect, trading, fund transfer etc. Let’s start this Binance review by telling you where Binance is located: they have first relocated to Hong Kong from China and then moved to a small european island of Malta. Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. Thanks. For those of you who didn’t know Binance is open for new application . Hi guys Im Filipino i live in Australia for for a while, that’s where I bought my coins some in btcmarkets and coinspot last year, now that I’m back in the Philippines and I’m not going back to Australia,my australian bank account cost me 5$ a month, now that the market is no good to sell,any tips and ways to kept my coins, while im in the philippines,i wanna close my australian bank account,do I really need my Australian bank account to keep my coins? This is a watered-down version of the Binance app that caters to novices. Fee are realy low, only 0.050%. That would be a case of fraud and they don’t like crypto to begin with. I have x Total Balance of BTC, Y Available Balance, and Z In Order (Z=X-Y). This event has done a lot to instill confidence around Binance, not only did their automated processes catch the attempted hack before anyone lost any funds, they have since offered a $250,000 bounty to anyone who can help catch the hackers. So, suppose I have bought 1000 ripple coins and I sold them and made 20% profit, my balance converted to bit coin again right… What’s bitcoin value decreases 20% right at the same time,?? Hi , I have not been verified what is should I do, I have submitted my id so many time, can you please help. Tried to transfer ETH from GDAX. I feel as if I have been hacked. please help thanks… what should i do,should I transfer it here and make a Philippines account? Everything else should be moved to a hardware wallet like Nano X or Trezor T. This has nothing to do with Binance, it is just best practice and fits with the self-sovereign ethos of cryptocurrency as a philosophy. Top 3 coins for huge ROI in 2021?If you would have bet on the right coins last year you could easily have 10xed your capital…You could even have made as much as 100x which means you could have turned $100 into as much as 10k.Experts believe this will happen again in 2021, the only question is which coin do you bet on?My friend and cryptocurrency expert Dirk is personally betting on 3 under-the-radar cryptocurrencies for huge ROI in 2021.Click here to learn what these coins are (watch till the end of the presentation). Once you have your account setup and bank account linked, you can also withdraw funds in fiat currency – this is great news as Binance is now able to offer a way for investors to cash out their cryptocurrencies. Following the placement of your order, simply wait for it to be fulfilled according to the terms that have been set. Of course, as with all other cryptocurrency exchanges, this one requires account verification before you can use it. Am just wondering if the swapping you mentioned will cost any additional fee? Two-factor authentication is available and is always a nice sight. Additionally, the relative centralization of DpoS algorithm Binance Chain adds to the issue. As for storing crypto on Binance – I would recommend only keeping what you need to day trade. Even though it did suffer a hack in May 2019 (more on that below), Binance still enjoys a reputation of one of the safest exchanges in the industry. I would like to transfer funds from Coinmama to these exchanges but prefer it be painless and learn from others who’ve actually gone through the process. While he kept up with vague updates during the following months, a first in-depth look into the decentralized exchange was released in December of that same year. As I understood, Binance is a quite new cryptocurrency exchange? However, it is not the cheapest way to turn fiat into crypto as it comes with a premium that can get as high as 3.5% fee for USD purchases. We are happy to recommend Binance and have added it to our list of the Best Cryptocurrency Exchanges. First sneak peeks into the Binance DEX came in mid-2018, when Zhao shared relevant „pre-alpha“ details about the platform via his very active Twitter account. For example, when claiming 5 tickets, the tickets may be numbered 100010, 100011, 100012, 100013 and 100014. You don’t need any documents to first step of identification so you can withdraw 2 bitcoin every 24h. If you were correct, you can then buy bitcoin back at lower prices, repay the borrowed coins and keep the profit. The number in the middle shows the last sale price. The Binance architecture includes CCSS and ISO/ICO_27001:2013 security protocols. Love Binance and it’s ease of use for no tech savy people. To margin trade on Binance, you will have to complete a know your customer (KYC) process while traders from the United States, Japan, Canada and South Korea can’t use Binance margin trading no matter if they KYC or not. They are reliable and excellent. While Binance is one of the newest cryptocurrency exchanges available on the market, it has quickly managed to attain a high level of trust from its users and the digital currency community. This Binance review will be a good starting point to get an idea of how huge the Binance ecosystem is. Notify me of follow-up comments by email. Their CEO Changpeng Zhao (CZ for short) has been part of the cryptocurrency community and shown high standards of integrity. Once your order is placed it will be show underneath in the “Open Orders” section until it is filled. In August 2017, the exchange announced that Yi He, co-founder of OKCoin and one of the most respected and influential individuals in China’s online economy, was joining the platform. Type above and press Enter to search. On the right hand side, of the screen select a tab from BTC, ETH, BNB or USDT this is what you will be trading in. Hope this helps. This is very popular among users that have access to thes payment options as they are by far the cheapest way to buy crypto. I take it everything else was fine, but since I use my passport quite a lot, it has faded over time. The amount which can be withdrawn each day is determined by user’s verification tier. Decentralized exchanges do not hold customer funds or information – the main targets of hackers. We strive to share the most reliable, interesting, and accurate information to our readers. I have been trying for several days to withdraw coins to put in wallet. When you predict that bitcoin or some altcoin is going to to go up, you can use margin trading to go long on it ( if it is supported on Binance Margin). If you are familiar with trading on Binance, then you will feel at home on their new exchange – it uses the same engine and the trading screen is laid out in the same fashion with the option to choose between Basic and Advanced views: To fund your account in fiat, you will first need to complete the KYC process, once that is done you can then deposit funds directly from your bank account by linking it from the Deposits screen. The platform gives users access to a comprehensive crypto toolset – it comprises all sectors of crypto industry: from trading tools, earning, mining, staking, lending and most recently Binance credit card. Can Binance be at risk since it’s a Chinese exchange and the Chinese government is after crypto? Make sure your currency is supported by the wallet, then visit the “deposits withdrawals” link in Binance, find your currency and click the “withdrawal” button and enter the address given by your wallet. 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