BNB powers the Binance Ecosystem. As the native coin of Binance Chain, BNB has multiple use cases: fueling transactions on the Chain, paying for transaction fees on Binance Exchange, making in-store payments, and many more.
In Binance, when moving their cryptocurrencies to a private wallet from the exchange, users have to pay a withdrawal fee. On top of that, a trade fee is included in the withdrawal fee. BNB, as an alternative way of payment for trade fee, can be converted by the ratio of 0.1 percent per trade fee. In addition, BNB can be exchanged for other cryptocurrencies.
Aims to encourage users to deposit, withdraw and trade BNB on CoinHe exchange, the trading fees of VCC – BNB will be free in 3 days and reduced 50% for the next 2 weeks, after that BNB trading fee will back to 0.15%.
To trade BNB with VCC, please follow our instruction below:
Step 1: Access your CoinHe account
Step 2: Go to Wallet page -> Click on Deposit VCC
Step 3: Follow CoinHe Deposit Instruction to deposit VCC from your bank account to your CoinHe account.
Step 4: To buy/sell BNB with VCC, please access https://coinhe.io/trading/vcc-bnb
Step 5: Input Quantity, Price and Click Buy/Sell to confirm transaction.
Step 6: To withdraw VCC, please go to Wallet page -> VCC -> Click [Withdraw] button
Step 7: Choose the bank you want to withdraw to, input account name, quantity and 2FA -> Click Withdraw Now to confirm your withdraw transaction.
If you have any questions, please do not hesitate to contact us.
Many thanks for your support!