If you’re using binance for buying crypto, don’t use the ‘buy crypto’ section as they intentionally choose the worst exchange rates. instead deposit fiat and go to ‘trade’ or ‘P2P’ section

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If you’re using binance for buying crypto, don’t use the ‘buy crypto’ section as they intentionally choose the worst exchange rates. instead deposit fiat and go to ‘trade’ or ‘P2P’ section

I wish I figured this one out sooner but if you buy crypto directly from Binance, they will charge you the highest rate due to the spread and I've lost quite a substantial amount due to this. If you're buying from Binance, deposit fiat and then convert it to crypto either using P2P or the trading page so you get more crypto for your money

Edit: thx for the award(s)

submitted by /u/ThrowAway0183910
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