facebookCheapest/best way to deposit into Binance.com? - Seedly

Advertisement

Anonymous

04 Jun 2021

Cryptocurrency

Cheapest/best way to deposit into Binance.com?

Hi all, for binance.com,

Which way is cheaper/better to deposit into it?

  1. Xfers -> BinanceSG -> Binance.com
    Buy XRP/LTC/NEO and transfer from Binance SG to Binance.com

OR

  1. Deposit straight into Binance.com via SWIFT with DBS

Discussion (12)

What are your thoughts?

Learn how to style your text

You may pay by DBS wire transfer in USD , Bank Transfer(SWIFT) , no fees , but then , the fund that Binance received will automatically convert into BUSD ONLY , 1: 1 value

Bobby Lee

04 Jun 2021

Investor at Investor@Singapore

Honestly, Binance SG route is not bad, but I prefer to use Gemini, they charge zero fees to send and their transaction fees are lower(0.35% vs 0.6%)

My way is:

Direct Deposit-Gemini-Binance

So this way I buy Bitcoin on Gemini(0.35% fee). Send it over(no fees). Then on Binance convert back to USDT or buy straight.

Also, you buy Gemini with SGD or USD. I use SGD as it's more convenient.

View 2 replies

Write your thoughts

Advertisement