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RE: How to Buy Cryptocurrencies on Binance

in #steemiteducation • 7 years ago

Have you used Blocktrades.us yet? What is your opinion of it compared to Binance. I know it has only a few choices, but is okay for new Steemit users.

I like it that you can do trades without having to setup an account or enter personal information.

What information does Binance require for a new account?

Are their fees very low, medium or high?

Thx

7 years ago in #steemiteducation by
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     7 years ago 

    Sorry for the delayed response, holidays have been quite busy. I have not used Blocktrades, but will add that to the list.

    Binance only requires an E-mail. They do have different verification levels, which will affect your withdrawal limit. 2 BTC is for an unverified account. 100BTC for a verified account (send them personal information).

    Fees are pretty low and if you hold their BNB coin, you get 50% off trade fees by paying with BNB.

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       7 years ago 

      better late than never!
      I appreciate the response!!