Transferring crypto from Kraken to Binance.
Hey everyone! I'd like to start using Binance, and I was wondering if it is possible to transfer my crypto from Kraken to Binance (as I cant deposit fiat onto Binance – they dont accept my debit cards as theyre not American) How does one go about this?
Convert everything on Kraken into Stellar Lumens $XLM.. you can use that to transfer your whole portfolio to Binance for a withdrawal fee of 0.00002 XLM, which is equivalent to nothing. Your funds will be available in Binance in about 5-10 minutes 👍.
Once in Binance you trade your XLM to USDT or BNB and use that to trade the percentages best binary options signals reviews of london your old holdings back to their corresponding tokens. or you re-evaluate your decisions and cryptocurrencyreviews.eu pivot you portfolio percentages.
Always do your own research though 👍👍👍
Source: I wanted to send aave to my ledger wallet, but the fee in Binance was around 45$ or around 0,1 AAVE. By converting and trading to xlm and back I managed to circumvent the fee and only payed 0,02 AAVE for the wallet transaction. For me the difference in fees far outweighed the cost of trading 4 times (AAVE on Binance > USDT > XLM > send to kraken > XLM > USDT > AAVE on kraken > AAVE on ledger.