I wanted to see if it's possible to convert some crypto to fiat on Binance so I converted an amount of XRP to BUSD. At the end I tried converting back to XRP and realized I was getting 3XRP less than what I initially converted. I then decided to convert BUSD to other stablecoins such USDT, USDC, TUSD and realized the conversion rate for each one is lower on Binance even though it is showing higher on coinmarketcap.
Im not of the opinion binance is trying to rip me off and seeking suggestions for a better exchange if possible.
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