facebookThoughts on Binance SG? - Seedly

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Anonymous

30 Nov 2021

Cryptocurrency

Thoughts on Binance SG?

I currently hold BTC and ETH in Binance SG, and have been considering for some time if I should switch to a different platform. Started on Binance SG because of the low fees and it seemed the safest, but am increasingly frustrated by the lack of accessiblity + horrible UI + unavailability of alt coins.

  1. For those using Binance SG, what are the pros and cons (versus other platforms)?
  2. If not Binance SG, which platform do you use and why?

Feels like I'm one of the rare few using Binance SG as opposed to platforms like Gemini and FTX, so I'm curious. Thank you in advance!

Discussion (3)

What are your thoughts?

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It's not as good, I would recommend either Gemini or FTX.

Choose Gemini for its ease of bank transferring SGD and buying crypto in a hassle-less manner, choose FTX for its wider array of cryptos and lower fees!

Jesper

01 Dec 2021

Writer at CoinPasar

Have to agree with Not a financial advisor's comment. Binance SG's fees are not exactly the cheapest, and there is a lack of crypto services to earn on your holdings unlike Binance.com.

I usually recommend Gemini mostly because they are known for their security, plus they have the Earn function as well. If trades are more your thing, Kucoin is a good platform imo due to its plethora of functions and coin selection.

Nah, high fee and limited choice of network and alt coins~ no mobile application is what i cannot ac...

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