"Binance Fees About to Get Even More EXPENSIVE - Thoughts?"

McElroy

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Jan 25, 2009
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"Guys, I just saw the latest Binance announcement and apparently, they're increasing fees across the board starting next week. I know we've been saying it for ages, but it's gonna be a real nail in the coffin for some retail traders, in my opinion. Anyone have any thoughts on how this will affect the platform's overall userbase?"
 

Kpalex

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"Dude, this is getting ridiculous. I get it, they need to keep their server lights on but 0.04% on each trade? That's straight-up highway robbery. Time to start looking for some cheaper alternatives, maybe FTX or Bittrex?"
 

vinitu

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"nah, binance is already pretty pricey, but if they wanna nickel and dime us more, i'll just have to look into other exchanges." " anyone know if Huobi or Kraken are still viable options?" "or should i just use a dEX like Uniswap?"
 

leshisim

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"yep, been expecting this. Binance's fees have been getting worse over time and it's only gonna get worse with the crypto market's current state. Gonna start exploring other options for my trades"
 

finicz

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"Yooo, this is a huge bummer. Binance just can't seem to get it right, first it's the CZ drama then the USDD mess and now they're raising fees again? Guess I'll be looking for other exchanges to diversify my portfolio"
 

VOLKI

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"Yikes, just when I thought Binance fees couldn't get any higher. With inflation and all, I'm expecting to lose a chunk of my profits just to withdraw my own crypto. Time to look into other exchanges, anyone have any recommendations?"
 
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