Hey, here's an idea...

[Guest]

Okay, don't expect programmers logic or computer engineering knowledge... but I see an annoyance on binance.com and I think I found the solution. This post is just for opinions, thoughts, etc.

When I trade bitcoin, for example, I'm left with a fraction of a bitcoin smaller than the amount I'm able to withdraw still in my Binance.com bitcoin account. I don't like that and, quite frankly, it's bugging the hell out of me.

So, I started to thunk about it.   Couldn't they provide a "And this is how much you must deposit so you can do a clean withdraw of up to at least six decimals out." This approach is very similar to many online shopping sites that offer rewards. If I buy $12.50 in make-up, the flag tells me that another $7.50 will get me a $5.00 coupon. Do you follow? 

I don't like leaving change in someone else's purse. Why aren't withdrawals more clean? A fraction left behind by every transaction, in every coin, from every person is a FREAKIN FORTUNE!  (Didn't they make a movie about that? )

Anyway, is this an easy enough thing to add to an exchange site? If so, I wouldn't be afraid to suggest it. What do you think?   All angles welcome. 

Edited February 10, 2018 by Guest
sp

[Deux]

I noticed for neo(few weeks ago)... I could fill with the whole max amount for withdrawal on binance. If you have 1.3456... 0.3456 stays on binance. I don't know if this is still happening. Very crappy.

Edited February 10, 2018 by Deux

[Professor Hantzen]

It's a good idea and would be extremely easy for exchanges to implement (as it's just simple arithmetic).  They could also use it to promote trading, by suggesting potential trades between other currencies you may hold that help round up the values.  Eg, if you have a tiny amount of bitcoin that's too little to withdraw, but you have a whole bunch of XRP, it could suggest trading a small amount of your XRP for BTC, to round up your BTC.

With the NEO issue, it's unfortunately a limitation of the NEO blockchain itself - the system treats NEO's like "votes", and as such it cannot handle fractional votes.  If you look at any on-chain balances they are all round numbers.  Exchanges however, must allow fractional trading in order to account for charging trading and withdrawal fees.  (The NEO devs could maybe implement something with an on-chain token to handle floating point, but I don't know if that's planned.)

[Guest]

44 minutes ago, Professor Hantzen said:

Eg, if you have a tiny amount of bitcoin that's too little to withdraw, but you have a whole bunch of XRP, it could suggest trading a small amount of your XRP for BTC, to round up your BTC.

Professor!    Wash your mouth out with soap.         Trade XRP to buy BTC???   What were you thinking....      

[Richretard]

I have a couple of referrals on Binance and all I got until now is 1xrp and some dust from some other coins. Except for the zerp, which will be tradable in due time (once we hit 200k sats/XRP), all the other dust will be worthless.

[John_Buh]

It's the exchanges version of the thumb on the scale - it is in their best interest to keep it up so don't

expect any action whatsoever.

[Guest]

The suggestion was sent. I have low expectations for a response, but will keep you informed if I here anything from Binance.  

[Richretard]

If they were to change anything about it, it would probably be something like change it for BNB coin or something