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Beware of Binance's shadow fees during purchases with a Debit/Credit card

Binance

Cryptocoins Exchanges / Binance 22 Views

While they're claiming that their charges solely quantity to 2% of the transaction, they're charging additional 2,5% by way of spread which they inform you about in the meanwhile of confirming the purchase; and moreover to this they add 2% of spread-slippage when the purchase is definitely made after you confirmed it.

Successfully the full charge you're charged with when doing direct purchases with them is 6.5% (+- round zero.05).

submitted by /u/ReasonablePossum_
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