I don't understand why Binance charge me $2K more than the current BTC price?
https://i.imgur.com/6H4pPmk.pngI really don't understand why?
Is even funny how they show $26K on the front page of the site when you are logout:
https://i.imgur.com/iFdYRzD.pngWhen I login, the price is $2K more than the current BTC price $44K
All this is via the web site, not the app, the iOS app is not available in my country, only Binance.US not work in my country.
Any help please!
The price they show on the frontpage is realtime trading price. i.e. at that price people are buying or selling bitcoin with either of the usd pegged coin. Most probably with USDT.
The price for exchanging bitcoin from USDT and USDC would still have some difference and that still doesn't include the fee.
When you are swapping (not exchanging), it would look for a price that would completely and instantly matching your request so the price would be on expensive side.
And when you are buying with cards or payment processor, you are swapping with added binance fees and added payment processor fees, that would make the price higher.
