RE: How to Buy Cryptocurrencies on Binance

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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

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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.

better late than never!
I appreciate the response!!