Maybe this may help you. I trade there. The fee you pay is set like you said. If you trade more expensive coins youll see the bnb token is a good idea to avoid dust. Since it offers a discount it is even more reasonable. The fee i perceive differently. I only withdraw what i need and when. Limiting the transactions, i am thankful when trading bitcoin they dont ask for more. It seems to be a matter of perspective. They have been good about not changing them though. Some get greedy.
Thanks for sharing. You use BNB for withdrawing? I've only seen it as an option to use when trading, not withdrawing. If so, that would help but it doesn't appear to be an option because I use BNB to pay fees with trade but it takes shares of the coin you are withdrawing when pulling it off the exchange.
I also try to limit the withdrawal but remember that it's riskier to keep coins on an exchange vs a cold wallet. So if you plan to hold on to coins for a while, it's best to withdraw them off Binance.
Absolutely. Your HODL coins probably should not see an exchange. But all i meant to say was the bnb tokens save you on fees and they eliminate that dust. I hate that dust. It limits loss. The withdrawal fee you are correct uses whatever token you are withdrawing. Usually if you convert them to a coin like ethereum or neo and do one withdrawal you will notice it is negligible. I do believe there is NO fee for neo. Maybe try that.
It is high to pay 20 or a hundred for your own money. But the banks rob us of our wealth and interest. The fees are straightforward and tolerable in comparison. I guess itll do so long as they dont change in the night. Lol. Good work brother. Im gonna follow ya!
Thanks for the tips about neo and eth. I will definitely try that. You are 100% right- it's all about perspective and this is a much better option than what we're experiencing with the banks.
As a tiny little minnow, the fees hurt now but hopefully that will get better after this correction :)
Following you as well- looking forward to seeing more from ya!