Since the platform is active in China, the website can be translated into several languages, transactions from abroad binance take a while.
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Binance Reduce BNB Discounts, Introduce New Fee Structure
Users of the platform can vote on which coin can be traded that month without transaction fees. Many would argue that Cardano — ADA is the next bitcoin. The coins are then burned. Featured image from Shutterstock. July 19, 6: It also recently opened accounts on the island nation, presumably as part of its plan to move there and offer fiat to cryptocurrency payments.
The website also offers the possibility to hold ICOs. Each transaction costs a small fee, which can be paid in BNB. The highest volume traders can expect binance pay as little as 0..