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RE: Faast portfolio- Finally an easy way to manage and trade your crypto investments

in #bitcoin6 years ago

The Faast website is trying to pull a fast one over costs. It says that Faast is cheaper than Binance and Kyber but it is only when you click on the Medium link that you find they are being very dishonest indeed. The starting token, ANT, is not listed on either Binance or Kyber so they are sending it to Bittrex, exchanging it for Bitcoin (not exactly a cheap con to move), withdrawing Bitcoin and sending it to either Binance or Kyber. So we have had 4 expense making steps BEFORE we even deal with the Kyber or Binance costs.

If you book a plane to Paris from New York it is cheaper to go direct than via Australia ......who knew eh?

Naughty, very very naughty!

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I see what you mean, they shouldn't have used that as the example, considering ANT isn't listed on Binance. I guess if you're looking for the fastest way to make the exchange, then Faast is still a good option, but I can see how it could be more expensive in some cases. Better to skip the flight all together sometimes.