29 Jun, 2021 → by ClaimboUser118751
Fees are much too high for active trading. And no customer service for trade issues.

2

There is negative slippage with Binance on the loss trades but not so on the winning trades. The fees are crazy high for intra day trading so there is no point to trade anything other than swing trading or longer term. Fees are not just limited to exchange rate loss when funding ones account but also transaction fees on top. So when starting out your already in about 5% draw down from your initial capital investment. investment. User's recommendation: Despite being a profession FX trader my Crypto broker experience is limited.
Helpfull? 0 votes

Post your comment:



Do you want to help? Probably you've just been in a similar situation, know the solution and want to help? Perhaps you are just a kind person who has advice on the merits. Please write your comment — you can do a good breed.

If you are actual Representative of Binance you can contact the user using the comment form and help resolve the situation. The user can always mark his complaint as "resolved". Maintain your brand image, it is FREE.

Copyright © 2023 CLAIMBO.COM. All rights reserved.