Binance Fees: What you need to know to pay the least ...

Groestlcoin - Future of Payments

Groestlcoin (GRS) is an extremely fast and secure coin with almost ZERO fees. [SEGWIT] [LightningNetwork] [ATOMICswap]
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Eagles Of Death Metal

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Home of COSS exchange

COSS is the Crypto One Stop Solution and this is the OFFICIAL sub-reddit. COSS (https://coss.io) is the the world's only cryptocurrency exchange that offers multiple fiat options, stable coins, alt-coins, institutional accounts and full, regulatory compliance with a new, state-of-the-art exchange. Headquartered in Singapore. Need help? Contact us on Twitter (@COSScrypto), our Telegram (https://t.me/myCOSS), or use our support portal integrated in your account dashboard.
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Binance transaction fees?

I've been using binance for trading iota from eth. On their fees page it says free. What's the transaction cost for buying and selling iota?
submitted by iwannaforever to IOTAmarkets [link] [comments]

BINANCE TRANSACTION FEE = 2MOD

I do not know how high the dividend would be as per depositing the MOD tokens in MEW, but considering that Binance transaction fee = 2 MOD, probably it is not worthly to make this movement on order to get that dividend in a future. What do your think?
submitted by Elorpar to modum_io [link] [comments]

Binance Transaction Fee

I tried transferring my SUB balance on Binance into MyEtherWallet but they charge a flat transaction fee of 10 subs (~3.359usd). Isn't that a bit high? Well at least for me I think it's high.
I plan to HODL for a bit. Should I transfer it to a wallet or just let it sit there on Binance.
submitted by pulaito to SubstratumNetwork [link] [comments]

@cz_binance: RT @binance: Numerous #DeFi projects are either experimenting with or porting their protocols to #Binance Smart Chain. But why? 🔸 EVM Compatibility 🔸 Rich & Growing Ecosystem of Assets 🔸 Cheap Transaction Fees 🔸 High Performance 🔸 Cross-Chain DeFi Mechanisms 🔸 Funding Read more ⬇️

@cz_binance: RT @binance: Numerous #DeFi projects are either experimenting with or porting their protocols to #Binance Smart Chain. But why? 🔸 EVM Compatibility 🔸 Rich & Growing Ecosystem of Assets 🔸 Cheap Transaction Fees 🔸 High Performance 🔸 Cross-Chain DeFi Mechanisms 🔸 Funding Read more ⬇️ submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: Numerous #DeFi projects are either experimenting with or porting their protocols to #Binance Smart Chain. But why? 🔸 EVM Compatibility 🔸 Rich & Growing Ecosystem of Assets 🔸 Cheap Transaction Fees 🔸 High Performance 🔸 Cross-Chain DeFi Mechanisms 🔸 Funding Read more ⬇️

@binance: Numerous #DeFi projects are either experimenting with or porting their protocols to #Binance Smart Chain. But why? 🔸 EVM Compatibility 🔸 Rich & Growing Ecosystem of Assets 🔸 Cheap Transaction Fees 🔸 High Performance 🔸 Cross-Chain DeFi Mechanisms 🔸 Funding Read more ⬇️ submitted by rulesforrebels to BinanceTrading [link] [comments]

@cz_binance: Banks in your country still not on the #crypto scene? No problem, go P2P, transaction secured/escrowed by #Binance, 0 fee. https://t.co/QKEBGhUGnB

@cz_binance: Banks in your country still not on the #crypto scene? No problem, go P2P, transaction secured/escrowed by #Binance, 0 fee. https://t.co/QKEBGhUGnB submitted by rulesforrebels to BinanceTrading [link] [comments]

I made a trading bot that diversifies your Binance account into the top 20 cryptocurrencies.

TLDR: Got sick of managing a diversified portfolio, made a Binance trading bot that handles it for you.
https://www.hodlbot.io
Over the Christmas break I realized I was spending close to 5 hours a month manually rebalancing my portfolio of ~20 cryptocurrencies weighted by market cap.
I got sick of that pretty quickly so I decided to make a bot that uses Binance’s API to automatically handle that. For the memes, it’s called HodlBot.
A few months later, I’m releasing the hosted version of the bot. Now anyone can put their trade-only API keys into HodlBot, and it will automatically trade into the top 20 cryptos. It will also handle monthly rebalancing automatically.
What does the algorithm do?
The algorithm take the top 20 coins and assign each coin a % allocation based on their weighted market capitalization.
Then it caps every coin to be at most 10% of the total portfolio value. Anything above 10% gets redistributed to all the coins below by weighted market capitalization until the entire sum of the portfolio adds up to 100%.
What’s the minimum amount I need to have in Binance?
$200 is the minimum.
How much are Binance transaction fees on rebalancing?
I simulated monthly rebalancing on a 3 year period, and found that the average transaction fees were 0.26%.
This can be higher or lower based on how volatile the market is in the future. The theoretical max is 1.2% (if every coin in the top 20 turned over every month).
How much does it cost?
For the first month it’s $1. Afterwards it’s $10 per month. We don't take a % fee.
Will HodlBot diversify all the cryptos on my account?
Yes. If you want to keep some coins separate, you'll have to move them to another account.
How can I trust HodlBot with my API keys?
We encrypt the keys on our end. Also we don't require withdrawal permissions, just trade-only.
More Info:
I dig into the portfolio construction and share the algorithm in this blog I wrote here:
https://medium.com/@AnthonytXie/hodlbot-cryptocurrency-investing-on-autopilot-dce2e4c9a7f7
submitted by haggenballs to CryptoMarkets [link] [comments]

I made a algo bot that indexes into the top 20 cryptocurrencies and rebalances monthly.

TLDR: Got sick of managing a diversified cryptocurrency portfolio, made a algo bot
https://www.hodlbot.io
Breakdown of the Top 20 Index
Over the Christmas break I realized I was spending close to 5 hours a month manually rebalancing my portfolio of ~20 cryptocurrencies weighted by market cap.
I got sick of that pretty quickly so I decided to make a bot that uses Binance’s API to automatically handle that. For the memes, it’s called HodlBot.
A few months later, I’m releasing the hosted version of the bot. Now anyone can put their trade-only API keys into HodlBot, and it will automatically trade into the top 20 cryptos. It will also handle monthly rebalancing automatically.
What does the algorithm do?
The algorithm take the top 20 coins and assign each coin a % allocation based on their weighted market capitalization.
Then it caps every coin to be at most 10% of the total portfolio value. Anything above 10% gets redistributed to all the coins below by weighted market capitalization until the entire sum of the portfolio adds up to 100%.
What do I need to get started?
How much are Binance transaction fees on rebalancing?
I simulated monthly rebalancing on a 3 year period, and found that the average transaction fees were 0.26%.
This can be higher or lower based on how volatile the market is in the future. The theoretical max is 1.2% (if every coin in the top 20 turned over every month).
How much does it cost?
For the first month it’s $1. Afterwards it’s $10 per month. No % fees.
Will HodlBot diversify all the cryptos on my account?
Yes. If you want to keep some coins separate, you'll have to move them to another account.
How can I trust HodlBot with my API keys?
We encrypt the keys on our end. Also we don't require withdrawal permissions, just trade-only.
More Info:
I dig into the portfolio construction and share the algorithm in this blog I wrote here:
https://medium.com/@AnthonytXie/hodlbot-cryptocurrency-investing-on-autopilot-dce2e4c9a7f7
submitted by haggenballs to algotrading [link] [comments]

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸Earn 40% on transaction fees 🔸Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ➡️https://t.co/x1PUpXC08Q

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸Earn 40% on transaction fees 🔸Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ➡️https://t.co/x1PUpXC08Q submitted by rulesforrebels to BinanceTrading [link] [comments]

I made a Binance bot that indexes the top 20 cryptocurrencies and rebalances monthly.

TLDR: Got sick of manually managing a cryptocurrency index, made a Binance bot that automatically does it for you
https://www.hodlbot.io
Over the Christmas break I realized I was spending close to 5 hours a month manually rebalancing my portfolio of ~20 cryptocurrencies weighted by market cap.
I got sick of that pretty quickly so I decided to make a bot that uses Binance’s API to automatically handle that. For the memes, it’s called HodlBot.
A few months later, I’m releasing the hosted version of the bot. Now anyone can put their trade-only API keys into HodlBot, and it will automatically trade into the top 20 cryptos. It will also handle monthly rebalancing automatically.
What does the algorithm do?
The algorithm take the top 20 coins and assign each coin a % allocation based on their weighted market capitalization.
Then it caps every coin to be at most 10% of the total portfolio value. Anything above 10% gets redistributed to all the coins below by weighted market capitalization until the entire sum of the portfolio adds up to 100%.
What do I need to get started?
How much are Binance transaction fees on rebalancing?
I simulated monthly rebalancing on a 3 year period, and found that the average transaction fees were 0.26%.
This can be higher or lower based on how volatile the market is in the future. The theoretical max is 1.2% (if every coin in the top 20 turned over every month).
How much does it cost?
For the first month it’s $1. Afterwards it’s $10 per month. No % fees.
Will HodlBot diversify all the cryptos on my account?
Yes. If you want to keep some coins separate, you'll have to move them to another account.
How can I trust HodlBot with my API keys?
We encrypt the keys on our end. Also we don't require withdrawal permissions, just trade-only.
I still don’t trust HodlBot with my API Keys
In the next month we’re releasing a version of the app that never stores API keys server-side and only executes trades in the browser. After that, we’ll be releasing an electron app so you can store your API keys on your local computer.
How is this different than projects like Crypto20?
Users hold their own assets as opposed to a tokenized guarantee of some underlying assets. Tokenized assets like C20 often times trade above and below the net asset value of the assets they claim to hold. In my opinion, this adds a layer of speculation and complexity on top of the index that makes it marginally worse than holding the assets yourself.
How do I report tax on HodlBot trades?
Export your Binance transactions as a csv. Plug it into a tool like cointracking.info and get a tax-friendly report.
More Info:
I dig into the portfolio construction and share the algorithm in this blog I wrote here:
https://medium.com/@AnthonytXie/hodlbot-cryptocurrency-investing-on-autopilot-dce2e4c9a7f7
submitted by haggenballs to BitcoinMarkets [link] [comments]

I made a trading bot that diversifies your Binance account into the top 20 cryptocurrencies.

TLDR: Got sick of managing a diversified portfolio, made a Binance trading bot that handles it for you.
https://www.hodlbot.io
Over the Christmas break I realized I was spending close to 5 hours a month manually rebalancing my portfolio of ~20 cryptocurrencies weighted by market cap.
I got sick of that pretty quickly so I decided to make a bot that uses Binance’s API to automatically handle that. For the memes, it’s called HodlBot.
A few months later, I’m releasing the hosted version of the bot. Now anyone can put their trade-only API keys into HodlBot, and it will automatically trade into the top 20 cryptos. It will also handle monthly rebalancing automatically.
What does the algorithm do?
The algorithm take the top 20 coins and assign each coin a % allocation based on their weighted market capitalization.
Then it caps every coin to be at most 10% of the total portfolio value. Anything above 10% gets redistributed to all the coins below by weighted market capitalization until the entire sum of the portfolio adds up to 100%.
What’s the minimum amount I need to have in Binance?
$200 is the minimum.
How much are Binance transaction fees on rebalancing?
I simulated monthly rebalancing on a 3 year period, and found that the average transaction fees were 0.26%.
This can be higher or lower based on how volatile the market is in the future. The theoretical max is 1.2% (if every coin in the top 20 turned over every month).
How much does it cost?
For the first month it’s $1. Afterwards it’s $10 per month. We don't take a % fee.
Will HodlBot diversify all the cryptos on my account?
Yes. If you want to keep some coins separate, you'll have to move them to another account.
How can I trust HodlBot with my API keys?
We encrypt the keys on our end. Also we don't require withdrawal permissions, just trade-only.
More Info:
I dig into the portfolio construction and share the algorithm in this blog I wrote here:
https://medium.com/@AnthonytXie/hodlbot-cryptocurrency-investing-on-autopilot-dce2e4c9a7f7
submitted by haggenballs to BinanceExchange [link] [comments]

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸Earn 40% on transaction fees 🔸Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ➡️ https://t.co/x1PUpXkphi

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸Earn 40% on transaction fees 🔸Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ➡️ https://t.co/x1PUpXkphi submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸Earn 40% on transaction fees 🔸Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ⬇️

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸Earn 40% on transaction fees 🔸Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ⬇️ submitted by rulesforrebels to BinanceTrading [link] [comments]

I made a trading bot that diversifies your Binance account into the top 20 cryptocurrencies.

TLDR: Got sick of managing a diversified portfolio, made a Binance trading bot that handles it for you.
https://www.hodlbot.io
Over the Christmas break I realized I was spending close to 5 hours a month manually rebalancing my portfolio of ~20 cryptocurrencies weighted by market cap.
I got sick of that pretty quickly so I decided to make a bot that uses Binance’s API to automatically handle that. For the memes, it’s called HodlBot.
A few months later, I’m releasing the hosted version of the bot. Now anyone can put their trade-only API keys into HodlBot, and it will automatically trade into the top 20 cryptos. It will also handle monthly rebalancing automatically.
What does the algorithm do?
The algorithm take the top 20 coins and assign each coin a % allocation based on their weighted market capitalization.
Then it caps every coin to be at most 10% of the total portfolio value. Anything above 10% gets redistributed to all the coins below by weighted market capitalization until the entire sum of the portfolio adds up to 100%.
What’s the minimum amount I need to have in Binance?
$200 is the minimum.
How much are Binance transaction fees on rebalancing?
I simulated monthly rebalancing on a 3 year period, and found that the average transaction fees were 0.26%.
This can be higher or lower based on how volatile the market is in the future. The theoretical max is 1.2% (if every coin in the top 20 turned over every month).
How much does it cost?
For the first month it’s $1. Afterwards it’s $10 per month. We don't take a % fee.
Will HodlBot diversify all the cryptos on my account?
Yes. If you want to keep some coins separate, you'll have to move them to another account.
How can I trust HodlBot with my API keys?
We encrypt the keys on our end. Also we don't require withdrawal permissions, just trade-only.
More Info:
I dig into the portfolio construction and share the algorithm in this blog I wrote here:
https://medium.com/@AnthonytXie/hodlbot-cryptocurrency-investing-on-autopilot-dce2e4c9a7f7
submitted by haggenballs to ethtrader [link] [comments]

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸 Earn 40% on transaction fees 🔸 Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ⬇️

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸 Earn 40% on transaction fees 🔸 Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ⬇️ submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸 Earn 40% on transaction fees 🔸 Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ⬇️

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸 Earn 40% on transaction fees 🔸 Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! ⬇️ submitted by rulesforrebels to BinanceTrading [link] [comments]

Binance Earns More Than $20,000 per Day Overcharging on Transaction Fees

Binance Earns More Than $20,000 per Day Overcharging on Transaction Fees submitted by DiggingTech to CryptoCurrency [link] [comments]

@binance: #Binance P2P 🔸 Trade directly with other users 🔸 ZERO transaction fees 🔸 ZERO advertising fees 🔸 30 fiat currencies 🔸 Buy & sell $USDT, $BTC, $BNB and more. Place your order, or post an ad in seconds at a price of your choosing. Trade now! ⬇️

@binance: #Binance P2P 🔸 Trade directly with other users 🔸 ZERO transaction fees 🔸 ZERO advertising fees 🔸 30 fiat currencies 🔸 Buy & sell $USDT, $BTC, $BNB and more. Place your order, or post an ad in seconds at a price of your choosing. Trade now! ⬇️ submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: Take #2, but this time with a transaction fee of 10,668.73185 $ETH ($2,648,085.93). https://t.co/3B7ViPOaW7 https://t.co/bArYbdl2ed

@binance: Take #2, but this time with a transaction fee of 10,668.73185 $ETH ($2,648,085.93). https://t.co/3B7ViPOaW7 https://t.co/bArYbdl2ed submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸 Earn 40% on transaction fees 🔸 Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now!

@binance: Have a website you'd like to earn from? Add the #Binance crypto widget! 🔸 Earn 40% on transaction fees 🔸 Earn 20-50% on Spot/Margin/Futures fees Fill in the form, let us help you set up the widget and start earning from your website now! submitted by rulesforrebels to BinanceTrading [link] [comments]

I made a Binance bot that indexes the top 20 cryptocurrencies and rebalances monthly.

TLDR: Got sick of manually managing a cryptocurrency index, quit my job and made a bot that automatically does it for you
https://www.hodlbot.io
Over the Christmas break I realized I was spending close to 5 hours a month manually rebalancing my portfolio of ~20 cryptocurrencies weighted by market cap.
I got sick of that pretty quickly so I decided to make a bot that uses Binance’s API to automatically handle that. For the memes, it’s called HodlBot.
A few months later,I quit my job and I’m releasing the hosted version of the bot. Now anyone can put their trade-only API keys into HodlBot, and it will automatically trade into the top 20 cryptos. It will also handle monthly rebalancing automatically.
What does the algorithm do?
The algorithm take the top 20 coins and assign each coin a % allocation based on their weighted market capitalization.
Then it caps every coin to be at most 10% of the total portfolio value. Anything above 10% gets redistributed to all the coins below by weighted market capitalization until the entire sum of the portfolio adds up to 100%.
What do I need to get started?
How much are Binance transaction fees on rebalancing?
I simulated monthly rebalancing on a 3 year period, and found that the average transaction fees were 0.26%.
This can be higher or lower based on how volatile the market is in the future. The theoretical max is 1.2% (if every coin in the top 20 turned over every month).
How much does it cost?
For the first month it’s $1. Afterwards it’s $10 per month. No % fees.
Will HodlBot diversify all the cryptos on my account?
Yes. If you want to keep some coins separate, you'll have to move them to another account.
How can I trust HodlBot with my API keys?
We encrypt the keys on our end. Also we don't require withdrawal permissions, just trade-only.
I still don’t trust HodlBot with my API Keys
In the next month we’re releasing a version of the app that never stores API keys server-side and only executes trades in the browser. After that, we’ll be releasing an electron app so you can store your API keys on your local computer.
How is this different than projects like Crypto20?
Users hold their own assets as opposed to a tokenized guarantee of some underlying assets. Tokenized assets like C20 often times trade above and below the net asset value of the assets they claim to hold. In my opinion, this adds a layer of speculation and complexity on top of the index that makes it marginally worse than holding the assets yourself.
How do I report tax on HodlBot trades?
Export your Binance transactions as a csv. Plug it into a tool like cointracking.info and get a tax-friendly report.
More Info:
I dig into the portfolio construction and share the algorithm in this blog I wrote here:
https://medium.com/@AnthonytXie/hodlbot-cryptocurrency-investing-on-autopilot-dce2e4c9a7f7
submitted by haggenballs to SideProject [link] [comments]

@binance: A new ATH @ethereum transaction fee? Transaction Fee: 10,668.73185 $ETH ($2,597,729.52) https://t.co/pYfvvjrLq0 https://t.co/lvqeG1GzAa

@binance: A new ATH @ethereum transaction fee? Transaction Fee: 10,668.73185 $ETH ($2,597,729.52) https://t.co/pYfvvjrLq0 https://t.co/lvqeG1GzAa submitted by rulesforrebels to BinanceTrading [link] [comments]

The Complete Binance Tutorial For Beginners - YouTube Using The Binance Futures Liquidation Calculator To Determine Your Position Size Cryptocurrency Transaction Fees + Times Explained What Happened To Bitcoin Cash Cheap Transaction Fees?  How Fees Work?  BTC, BCH & LTC How to avoid commission, transaction fees and how to deposit to Binance

Binance fees and limits. The following fees are current as of 15 July 2020. Platform trading fees. Standard Binance cryptocurrency-to-cryptocurrency trading fees are 0.1%, but there are ways to get considerable discounts by using the Binance cryptocurrency (BNB) and unlocking higher trading tiers. Trading fees. Since it is a new startup, the transaction fees of Binance exchange is at a flat rate of 0.1% of each trade. There is also promotion offer in which you can receive 50% discount in the first year of use. Thus the transaction fees reduced to 0.05% for a new user. Binance boasts the lowest transaction fees in the cryptocurrency market. Also, Binance plans to phase this discount out over the next few years, with the discount dropping to 12.5%, then 6.75%, then zero. The more you trade, the bigger your Binance fees discount; The other way to reduce your Binance fees is to increase your trading volume. Binance offers eight levels of fee discounts (VIP 1-VIP 8) depending on your ... Fee Schedules for Trading on the Binance.US. Trading Fee. General: 0.1% spot trading fee; 0.5% Instant Buy/Sell fee. By default, if you hold BNB in your account, your trading fees will be automatically deducted from your BNB balance. Binance account holders that trade less than 50 BTC during the previous 30 days will pay maker/taker fees of 0.1%, Binance’s highest fee rate (more about what a maker/taker fee is). As transaction volume increases, so do fees. Binance’s lowest fee rate is 0.02% maker / 0.04% taker.

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The Complete Binance Tutorial For Beginners - YouTube

Join Binance Exchange Here! https://www.binance.com/?ref=13795076 Join Kucoin Exchange Here! https://www.kucoin.com/#/?r=7chr68 Mine Bitcoin and other Crypto... Bitcoin Price Rises, Most Popular Alt Coins, Transaction Fees, New Interest & Petro Fork ... Open An Account With Binance! ... ETH 100,000 Transactions & Binance Card - Duration: 23:41. The Modern ... Use my link to sign up and receive $5 free when you make your first transaction of ... Use my link and you’ll receive a 10% discount on trading fees for ... 📌Binance Liquidation, Fees ... 9:00 - How To Trade Advanced On Binance (Charting) 10:52 - Binance Leverage Trading Explained 14:11 - Binance Wallets 15:49 - How To Earn Bitcoin/Crypto On Binance 18:50 - Binance Debit Card Explained If you enjoyed the video, please like and subscribe. Any questions? Feel free to leave them down in the comments below! Binance link: https://www.binance.com...

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