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Thread: Sign up for Binance, the lowest-fee bitcoin exchange in the US, and get $15

  1. #1
    Owner Dan Druff's Avatar
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    Sign up for Binance, the lowest-fee bitcoin exchange in the US, and get $15

    So here's my honest review of binance.us:

    Fees: Excellent
    Reputation: Excellent
    Cryptos supported: Excellent
    Transaction speed: Good
    Website: Good
    Withdrawal process: Good
    Deposit process: Okay
    Signup ease: Okay
    Customer service: Not very good

    0.1% fees on buys or sells, which is great. That means you can sell $10k worth of BTC for $10. It's negligible. Compare that to 2% for Gemini and Coinbase, which would cost you $200 for the same transaction. Wow.

    Deposits have no fees. Withdrawals in BTC or taking out cash via ACH is also free. The one dumb thing is that each ACH has a maximum of $5k, but you can do multiple transactions. I did ACH transactions on there recently and it hit my bank with no problem, after a few days.

    Binance has a good reputation, is now regulated in 37 US states, and is unlikely to run off with your $ or BTC.

    They support a ton of different cryptocurrencies, so you can buy/sell/trade other cryptos besides BTC. Very nice feature.

    The website can be a bit confusing, but once you're used to it, all of the functions you need to buy and sell crypto (including for US dollars) are there.

    The initial identity verification process can be a bit slow, so give it a day or so to complete. They claim much of it takes "1 minute" or "1-5 minutes", yet I found that not to be true. I got stuck on Step #2, and it took a day to get verified. Not sure why they claim "1-5 minutes" when it wasn't at all. It's a one-time process, though, so once you've gotten that out of the way, you won't have to deal with it again.

    The customer service sucks. That's the one downside. It is very slow, and sometimes I don't even get an answer. Funny enough, my two questions actually resolved themselves before they found the time to answer me days later. That's good... I guess. But if you need help from customer support, don't expect much.

    Do I recommend Binance? Yes.

    Note that the following states CANNOT use Binance US: Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont and Washington. If you are in any other state, you CAN use Binance legally.

    Do you want to sign up and get $15?

    Use this link: https://www.binance.us/?ref=35029165

    Or if it asks for a referral code, just enter 35029165.

    This will help both of us. We will each get $15 when you fully verify your account (even if you don't deposit any BTC or money). However, you need to make $100 worth of trades on their platform before you can withdraw the money. However, these trades can all be with that $15 you were given, so it really is zero risk.

    Important: If you are planning upon depositing with ACH or E-Check, you will need to wait 10 days before taking any crypto you buy off the site! This restriction does NOT apply to wire transfer deposits or deposits via any cryptocurrency. So if your plan is to buy crypto using ACH or e-checks, Binance probably isn't the best option for you, unless you have 10 days to wait. Read their policy on deposits for more info.

    You will also get your own referral code, but please don't post it on PFA. This is my site, so I'm only allowing my own referral code to be posted here.

    This review is honest. I wouldn't bullshit you guys and steer you toward a service I don't personally use.

  2. #2
    Serial Blogger BeerAndPoker's Avatar
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    Binance is the best for fees but if you don't have Gemini ActiveTrader you are doing it wrong since the fees are way less.

    I would suggest emailing them about having it linked to your account because they don't just put it on everybody's account.

    I've said it before and I'll say it again anyone buying off cashapp don't be surprised if they ban your account for doing it if you move it out right away even if you do to a another wallet to send to a gambling site. They are the worst company by far just google around and you will see that they do this all of the time to people without providing a reason as to why they banned them just providing some vague TOS link to go read.

  3. #3
    Owner Dan Druff's Avatar
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    What are the fees on Gemini ActiveTrader?

    Not better than the 0.1% on Binance, right?

  4. #4
    Serial Blogger BeerAndPoker's Avatar
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    Quote Originally Posted by Dan Druff View Post
    What are the fees on Gemini ActiveTrader?

    Not better than the 0.1% on Binance, right?
    Usually its 0.25%.

    Binance is better for sure I was saying if people are using Gemini they should try to get have ActiveTrader since the fees are way less than without having it.

  5. #5
    Binance account completely verified... when do I get my $15 ?

  6. #6
    Owner Dan Druff's Avatar
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    Quote Originally Posted by rollinx420 View Post

    Binance account completely verified... when do I get my $15 ?
    Did you use that link? Did you see the reference code populated in the field?

    Which steps did you verify? All three?

  7. #7
    Has anyone actually used Druff's link and been able to ship their $15 anywhere?

    Mine is just locked up as fuck and saying i need $100 in "trade volume" before i can do anything.....so far ive wasted all kinds of time buying and selling and re-buying and re-selling bitcoin and it still wont let me do shit

     
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      big dick: jesus christ/

  8. #8
    Owner Dan Druff's Avatar
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    Quote Originally Posted by rollinx420 View Post
    Has anyone actually used Druff's link and been able to ship their $15 anywhere?

    Mine is just locked up as fuck and saying i need $100 in "trade volume" before i can do anything.....so far ive wasted all kinds of time buying and selling and re-buying and re-selling bitcoin and it still wont let me do shit
    Have you e-mailed them and asked what is defined as "trade volume", since you've done $100 in volume trading at this point?

  9. #9
    UPDATE:

    there was a 24 hour hold after u complete the $100 trade volume, I now have access to the 15 dolla

  10. #10
    Owner Dan Druff's Avatar
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    BUMP

    Updated the first post with more information, and clarified a few things.

    I still recommend Binance, as it's the best US-facing crypto exchange out there right now.

    Go to the first post in this thread to get the link to sign up for a free, zero-deposit-required $15.

  11. #11
    do they serve ny? Too lazy to research

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