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Why is no one talking about the wrong exchange rates?

Binance

Cryptocoins Exchanges / Binance 229 Views

Why is no one here talking about the wrong exchange rates Binance gives when trading fiat to crypto? For example, I wanted to trade some EUR to eth. Binance gave me a rate of 1 ETH = around 2720€. The current market price is 2650€. That's 70€ difference. It's the same on Bitcoin and other crypto.

When converting USD to BUSD/USDT I get the rate 1 USD = 1.02 BUSD/USDT (which doesn't seem that bad but it adds up quickly) and then I get 2%!!!! fee from that purchase. Why is nobody talking about this? Binance everywhere as the "lowest fees" platform but that has not been the case for me at all. Im using pro. Am I doing something wrong or what?

submitted by /u/Tauronek
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