[Important info] Binance Exchange is making a fool out of you and selling their BNB also

in #cryptocurrency7 years ago

I have been using BNB from quite a while now, today i run out of patience.
Assume you want to buy 1LTC from Binance at say 0.02BTC, at the max what do you expect you will be charged 0.0205BTC(just an assumption).
But "NO" they don't do that, instead they cut from your 1LTC which you bought so you will get 0.995LTC
now comes the interesting part.
When you want to sell this LTC you are not allowed to use decimals more than they want, so you can sell only 0.XX in LTC
ltc.PNG

And NO decimals at all in IOTA

iota.PNG

How are they selling BNB this is how.

If you use BNB to pay fees then they cut the charges from BNB so you have no other option left but to buy extra coins or use BNB

#binance #iota #bnb #twitter #cheating #exchange #blockchain #investors

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I don't see why we don't just use their currency? I mean, the exchange has to grow somehow.