Hobbies: -Writing about life -Music -Languages Career: -20+ years advising artistic creators. -10+ years in AI Now working in Blockchain
Avoiding Crypto Transfer Fees (or at least, reducing them a LOT!)
The fees for buying crypto with fiat currency can be expensive. The largest exchange, Binance, was recently was forced to remove it's fiat transfer provider (in the UK) and is working on restoring it by adhering to the UK regulatory authority’s requirements. But it’s expensive to transfer GBP onto Binance, and the same applies to Kucoin and others. Coinbase Pro does not charge a fee when transferring funds directly from a UK bank account - but I want to trade on Binance, as they have a m...
Avoiding Crypto Transfer Fees (or at least, reducing them a LOT!)
The fees for buying crypto with fiat currency can be expensive. The largest exchange, Binance, was recently was forced to remove it's fiat transfer provider (in the UK) and is working on restoring it by adhering to the UK regulatory authority’s requirements. But it’s expensive to transfer GBP onto Binance, and the same applies to Kucoin and others. Coinbase Pro does not charge a fee when transferring funds directly from a UK bank account - but I want to trade on Binance, as they have a m...
