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Binance will help you get rid of your cryptocurrency dust

By James Tennant

May 2018

2 Min Read

Cryptocurrency dust

In a move that's sure to please many, many cryptocurrency investors, Binance (one of the largest and most popular cryptocurrency exchanges), has implemented a new feature that allows investors to convert their cryptocurrency 'dust' to Binance tokens (BNB). By 'dust', we mean infinitesimally small fragments of cryptocurrency, that are too small to be exchanged.

This means that hitherto unuseable and unmoveable cryptocurrency amounts in your Binance wallet can now be turned into a useful token that saves you money on your exchange fees, helping you get every scrap of value possible out of your cryptocurrency holdings.

Cryptocurrency dust has long been an issue with users on any cryptocurrency exchange, and Binance's decision to help people clean up their dust and turn it into something useful is a shrewd one.

A simple, 'Convert to BNB' option has been made available in a user's Binance wallet and will allow anyone to convert fragments of cryptocurrencies that are worth between 0 and 0.001 Bitcoin (BTC) into BNB.

Every day the Binance exchange sees billions of dollar's worth of cryptocurrencies traded on its platforms and shows no signs of slowing down.

It's moves like this, as well as a user-friendly interface and experience that has led Binance to the top of the cryptocurrency exchange charts in such a short time.

What do you think? Will you be trading your crypto dust into BNB tokens? As ever, comments below, please.