You are viewing a single comment's thread from:

RE: Binance To John Mcafee: Don't Spread False Information

I actually do think they had something major.
Maybe it is hack, maybe it is human error...

But looks like they doing HUGE discount to bring people back... a half desperate move to regain reputation?

Sort:  

well personally I'm scared to use them anymore... like 70% that's an excessive discount... that's like closing out sales.... just saying. I hope I'm wrong because if that sale is real I'm gonna buy a bitcoin on those prices.

but sadly that 70% is only for the fees

@wmnstudies it’s 70% on FEES not on the crypto on their exchange lol you are right if btc was 70% off I would sell my house to buy some 😜😂

So, instead of paying $100.10 ($0.10 fee) you pay $100.03 ($0.03 fee). Don't buy bitcoin.

With launching RobinHood exchange, and other zero fees exchanges, I think Binance is just probing the waters. They want to see how the revenue will increase / change when fees reduced that much. This might be just first step, into cheaper fees around on all of the exchanges. The overall winner will be the customer.