Been comparing best rates for the "buying with credit/debit" card directly through Binance. Aside from the "transaction fees" the market rate that it purchases the crypto seems to vary depending on the coin from 4+ % over active market rate.
With the recent bull movements I've managed to flip my buys around to get this difference back but curious what everyone else is doing that resides in the UK to purchase BNB. Been debating on buying XLM through Coinbase since I can still get money onto Coinbase reasonably easy with no fees but its quite a few more steps to go through.
% Increase = % above the rate it lists when you first start going through the page and what is listed on binance as the current market rate. I can understand a slight variation in rates but that amount amount is absurd.
| Coin | Spend | Listed Received | Listed Rate | Actual Received | Actual Rate | Difference Received | % Increase | Transaction Fee |
|---|---|---|---|---|---|---|---|---|
| BUSD | £50 | 69.61 | 0.7182 | 65.44 | 0.76405 | 4.17 | 6.37% | £1.0 |
| BNB | £50 | 0.1569 | 318.6743 | 0.149227 | 335.0600 | 0.007673 | 5.14% | £1.0 |
| XLM | £50 | 189 | 0.2645 | 181 | 0.2762 | 8 | 4.42% | £1.0 |
Any advice for buying BNB within the UK (trying to avoid P2P since that is a crapshoot at times)
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