In terms of options to deposit and withdraw fiat currencies, while Coinsquare only offers support for USD and CAD, Binance offers support for over 20 fiat currencies.īinance is simply the better and more well rounded exchange across every category and metric.
BINANCE FEES CANADA VERIFICATION
And similar to Coinsquare, Binance also require KYC verification for their users.īinance charges a spot maker fee of 0.1% and a spot taker fee of 0.1% which is much lower than what is charged by Coinsquare. Trading fees begin at 0.5% for makers and takers and the user experience overall is quite basic.īinance is the much larger exchange both in terms of geographical footprint, number of users, cryptocurrencies and product and services.īinance supports over 350 cryptocurrencies and has over 120 million users worldwide with daily spot trading volumes frequently exceeding $10 billion.
KYC is required for all users and only Canadian citizens have the possibility to access the platform. It offers a limited range of only 40 cryptocurrencies and few products such as spot trading and an OTC desk. Refer a friend Fee Rate VIP Tier Promotional Rate A Taker is a trader who places an order at the market price, whereas a Maker is a trader who places an order at a limit price. I am going to file a petition in High court of India against Binance.In conclusion, Coinsquare is a small Canadian exchange that focuses on providing a simple and secure platform for Canadians to buy and sell cryptocurrencies. 25 Off on Spot & Margin Trading fee Learn more BNB Deduction 10 Off on USD-M Futures Trading fee Learn more Invite friends and get 100 off on spot trading fees. As Binance has now become a hub of all Fraud person and their safe haven for illegal activities people stay away from using Binance. Youve probably heard by now that Binance announced it will no longer be serving clients in Ontario after December 31st, 2021. Here the customer representative of Binance are not supporting the victim but rather are interested to protect the rights of the so and so called Fraudulent person. Since I am also a user of Binance and that fraud person is also a user of Binance. They (Binance) had given me a link and that site doesn't open in nozilla firefox, Google Chrome or any other browser. I had already filed a case in but due to very little information I am not sure whether I will get justice at the end. They are not co operating to give the details of seller when I asked I need his/her details to register a fraud case against him/her.
And later said that the seller had already withdrawn all his/her money from his/her wallet. (Bloomberg) - Binance, the worlds biggest crypto exchange, said it will exit Canada after the country moved to impose new regulations on digital-currency. As I have been scammed from one of the registered users of Binance In P2P trade all they can do is freeze his/her wallet. There is no pros in Binance because they are hub for Fraudulent activities. The interface can be complicated at first.Ĭomments: Poor and unethical background of Binance I would not recommend others to use binance. Many times the page collapses due to a large number of users. The charges for using the Binance Card can be quite expensive. Binance offers a debit card-like service that works for transactions within the platform, providing good benefits. There are a lot of cryptocurrencies to access, there are many other forms of investment such as NFTs that are housed in this program, the commission for transactions is quite fair if you compare it with other programs of this type.
BINANCE FEES CANADA SOFTWARE
In general, if you want a platform with which to start in the crypto world, Binance is the best optionīinance is an all-in-one platform for buying cryptocurrencies, it is software with a lot of experience, which is good because it offers security and speed in transactions. Transactions are fast, there is a huge catalog of assets to buy, more than on any other platform. Comments: In general, Binance is a great platform that offers security and trust to its users, which is very important when we talk about programs that have to do with our economy.
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