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Binance internal transfer sees $1 billion in BTC moved for $5.72 in fees

SourceBlog
#1
Binance are no strangers to moving large sums of cryptocurrencies between cold storage wallets in an attempt to keep customer assets as well as their own safe. 

Following a recent announcement by the Binance CEO Changpeng Zhao, who often tweets about large transactions occurring on Binance to prevent Fear, Uncertainty, and Doubt (FUD), Binance moved a whopping 90,530 Bitcoin in a single transaction. 

The transaction totalled $1.174 billion being moved across the blockchain for a fee of just $5.72, once again showing the power of remittance in the crypto space.

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