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Cryptocoins Exchanges / Binance 250 Views

One of the frustrating things about Binance is the lack of facility to deposit fiat like GBP. Recently they introduced two options. Via Bank Card (Visa/MC) with 1.8% fee, or via Bank Transfer (Faster Payments) with 1GBP fee. The issue, however, is that to use the latter option (Bank Transfer), you have 'upgrade your fiat service' and then activate the service by activating your Bifinty Digital Wallet, and one of the T&Cs you have to agree to is for Binance account details be shared with Binifity, Skrill and Paysafe! Why do my Binance account details have to be shared with these companies just because I want to deposit fiat (in this case GBP) in my Binance account! These are not details required if depositing by say debit/credit cards etc.

submitted by /u/vonklinkoff
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