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F*CK Binance and their hidden fees
Main Post:
So I wanted to own one whole TOKEN that I'm not going to disclose for privacy reasons.
Wanna keep it in my Ledger, so before I buy it I'm careful to check exactly how much Binance charges for a withdraw fee, and it's 0.005 TOKEN.
Then I proceed to buy exactly 1.005 TOKEN on their exchange, thinking I would then be able to withdraw exactly 1.00000000 TOKEN after they deduct their fee.
But when I withdraw it to my Ledger, to my surprise I only get 0.9998 TOKEN. Why? Because fuck me that's why.
No Binance, FUCK YOU AND YOUR HIDDEN FUCKING FEES! Now my OCD is forever triggered because you come up with fees out of your ass that you don't even disclose before the transfer.
Top Comment:
It’s .005 of token @1. As you moved 1.005 it would be 0.005025
Took me a while to figure that out and make a spread sheet to accurately find out how much to buy then move for round figures. Because OCD. That’s why.