buying Low – selling High, still losing gains, which fees am I not seeing (Binance)
buying Low – selling High, still losing gains, which fees am I not seeing (Binance)
BTC is at around 56.900 I was curious on how much i could get if I put those 210 USDT on BTC again
Binance Calculator tells me I should be getting 0.0037.. WHAT?
the Price difference is over 10.000 usd my estimated fees are around 0.000003 BTC & 0.075% per transaction
this shouldn\’t eat that much of my gains?
now if I go buck to April on the chart it shows my estimated gains on my original transaction should have been 250 USDT?
what fees/variable am I not taking into account that eat up so much of my investment?
has anybody had a similar experience using Binance Spot?
Shabira Shafeek Answered question July 8, 2024
Binance is super scammy. Make sure you are only doing limit orders. Maybe you saw a market order, which they mark up about 4%. Otherwise not sure
Shabira Shafeek Answered question July 8, 2024