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Binance is a digital asset trading platform that is accessible only over the internet. It is compatible with the majority of cryptocurrencies that are being traded. A cryptocurrency wallet is made available to traders on Binance so that they may keep their electronic assets. Additionally, the exchange provides customers with supplementary services that allow them to earn interest or conduct business using bitcoins.
The spot trading fee that US charges is a flat 0.1 percent, which is lower than the fees that many other U.S. exchanges charge, such as eToro (about 0.75 percent for Bitcoin trades) and Coinbase (which charges 0.5 percent for trading fees plus a flat fee of up to $2.99 per trade, depending on the trade amount). US charges a fee that is based on the amount of the trade.
Conclusion. Bank transfers continue to be one of the most popular and preferred payment alternatives on the Binance P2P platform, despite the fact that the platform offers more than 300 different payment ways for buyers and sellers to select from. Transferring money via your bank is a safe, quick solution that often comes with no or very cheap transaction fees.
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