Converting dust to BNB costs 2% – That is way too high!
Trading fees on Binance are one of the lowest with only 0.05% if you use BNB. But converting dust to BNB costs **2%** which is way too high. It should at least be lowered to the normal trading fee which is (0.1%)
2% of what in most cases would soon become zero is NOT too high!
Besides there is still a 50% off deal on trades when you use BNB to pay.
I love Binance; the best exchange BY FAR!
Not too high, your dust would be unusable without the conversion feature, so just be grateful for it even existing.
They should charge 10%
It is better than the dust being stuck on the exchange….. Getting 98% of something or nothing. I’ll take the 98% please.
someone offering you a better deal on your spare change? I’ll take the 98%
Yeah all high!
lol
Did you calculate the conversion fee yourself, or is the figure mentioned somewhere officially (I haven’t seen it)? If the former, are you sure that the price didn’t fluctuate between the time you executed the conversion and the time you did your calculation?
Regardless, I personally think that it is a negligibly tiny price to pay, considering the overall positive user experience of the exchange compared to its competitors. I am glad that I can convert my dust at all for such fee, and I usually trade in a way to avoid any further accumulation of dust any way.