Binance Review 2018: Comprehensive Crypto Coin Exchange Binance is a Chinese cryptocurrency exchange. Binance was created after attracting funds via an ICO (Initial Coin Offering – creating a new digital asset, backed by the project. Changpeng Zhao, former CTO at OKCoin is currently at the helm of Binance. They are known for fast processing speeds coupled with an ability to process enormous numbers of transactions (1.4 million) each second. It’s been quickly gaining ground in market share cementing a place as a top 20 exchange in terms of volume. Binance transaction has reached a new level and currently score tenth place in the world. Binance offers a generous daily withdrawal limit. They don’t need identity confirmation when the per day remittance is within limit of 2 BTC. Binance Features Binance’s trading platform is web-based. Furthermore it offers two distinct trading layouts, a more simple one and a “Pro” version. Their ICO has created tokens named BNB that are traded on the exchange. They can also be used as a method of paying your trading fees, which will reduce them by 50%. Binance offers their own startup incubator platform as well. The trading functionality of the platform was of more interest so we focused on that for the purposes of this Binance review. Below is the “standard platform” look: Below is the advanced display: BINANCE Advantages Large Cryptocurrency Pairings Supported The competitive advantage of Binance’s platform is the ability to trade every major cryptocurrency pairing in existence. Coinbase and Gemini only offer trading of a handful of the larger market capitalization cryptos, whereas Binance allows users access to trade over 100 crypto coins. Low Fees AND LIMITS The fee structure is simple as well as being priced. There is a flat 0.10% fee on all trading. The 0.10% fee on trades is one basis point. If you were to buy a cryptocoin at 100 you’d have to sell it higher for 101 to profit. Ease of Setup Setting up an account is straight forward, similar to signing up for an account with other service providers. Another advantage is there is no lengthy waiting time, users are able to get setup and running within minutes. This is due to the fact that fiat is not accepted on the exchange. Binance Provides Significant Trading Volume Binance is currently the third largest exchange by cryptocurrency trading volume, according to coinmarketcap. At the time of writing, Binance’s volume was an astounding $5,441,711,452 in the last 24 hours! This volume demonstrates their users clear trust in the exchange, as well as the accessibility of the exchange and ease of transacting. This type of volume requires substantial servers and computational power. Wide Support of Cryptocurrencies No Verification Requirements Binance doesn’t require identity confirmation in instances when the per day remittance is within the limit of 2 BTC. The attractiveness of setting up an account with Binance may be greater for a user in a jurisdiction where certain exchanges choose not to allow new users because of restrictions imposed by that location’s governing regulatory bodies. Ease of Use You’re able to buy and sell crypto pairings with market or limit orders while specifying the amount or percentage you wish to trade for each transaction. BINANCE Disadvantages No Leveraged Margin Trading Margin trading is not available at Binance. Margin trading is a system which allows you to trade with more money than you actually have in your account. Your balance is then used as a guarantee to maintain your position open. No Fiat Functionality This has both advantages and disadvantages. Government fiat deposits are not currently enabled in Binance, instead this exchange focuses only on the digital side of things. Clients can deposit and withdraw the coins supported at the exchange. This means that you’re not able to deposit or withdraw in fiat currency, only cryptocurrency is supported. Relatively New Binance was started in only July 2017, according to this Reddit post. This is a major concern, as they don’t have a history. Despite all the good things people are saying on Reddit. it’s worth mentioning as many exchanges have come and gone. Binance appears to have a visible co-founder, unlike BTC-E. Conclusion Accessible option for obtaining Different Cryptocoins Binance is the most rapidly-growing and communally praised cryptocurrency exchange available. It’s China based location may spell issues in the future due to rumors of a “crackdown“. that currently accounts for a large amount of volume. Although Binance targets high frequency traders, it is quite useful for those getting beginning with altcoin trading. Their lack of fiat money deposits may be difficult to swallow for beginners, only supported cryptocurrencies may be deposited. Binance boasts a large number of various cryptocoins for trading. The main benefit is the ability convert between cryptocurrencies. For instance exchanges such as Coinbase and Gemini are more limited in the number of cryptocurrencies offered. The interface is also conducive to support shorter duration hold time day trading of cryptocurrencies if one were so inclined to deploy that strategy. Binance is an exchange worth looking into and integrating into crypto trading just for their large amount of supported crypto coins. software untuk mengakses internet plasa hosting jasa pembuatan website iklan baris spesifikasi komputer server kumpulan software komputer hosting and domain pengertian klaim asuransi webhost indonesia asuransi islam dedicated server indonesia pengertian premi asuransi atlas indonesia pengertian asuransi syariah web hosting terbaik di indonesia perusahaan keuangan di indonesia hosting web daftar asuransi terbaik di indonesia download software pc terbaru web hosting terbaik indonesia web hosting terbaik indonesia makalah tentang asuransi kesehatan makalah asuransi cloud hosting indonesia usaha kesehatan sekolah universitas islam attahiriyah travelling in indonesia contoh bisnis plan sederhana daftar perusahaan asuransi di indonesia universitas internasional batam webhosting terbaik cloud server indonesia file hosting indonesia hosting domain murah asuransi menurut islam jumlah penduduk indonesia biaya kuliah universitas pancasila web hosting termurah web hosting gratisan manulife indonesia pt asuransi adira dinamika indonesian travel domain murah allianz indonesia harga web hosting universitas pendidikan indonesia cara membuat server vpn peringkat universitas di indonesia web hosting support php host indonesia domain paling murah biaya kuliah universitas trisakti harga hosting website indonesia travel guide hosting domain website builder indonesia jurusan universitas indonesia domain dan hosting web hosting indonesia indonesia travel laporan keuangan perusahaan go publik daftar universitas di indonesia domain dan hosting adalah daftar asuransi terbaik kode negara indonesia pengertian hukum asuransi universitas multimedia nusantara beli domain indonesia vps indonesia asuransi perjalanan ke eropa peta indonesia lengkap webhosting indonesia makalah asuransi syariah asuransi perusahaan adira asuransi promo domain murah bus indonesia domain hosting murah daftar asuransi pengertian asuransi pendidikan Nunavut budaya Lini Dayton Freight Hard drive Data Recovery Services Donate a Car di Maryland Pengganti motor Pendaftaran Domain murah Hosting Menyumbangkan mobil di Maryland Menyumbangkan Illinois mobil Pidana Pertahanan pengacara Florida Pengacara kriminal terbaik di Arizona Mobil penawaran asuransi Utah Asuransi Co Lincoln Holland Michigan College Online Quotes asuransi Motor Perguruan online Kode promosi Paperport Kelas-kelas online Rekaman World Trade Center Pijat sekolah Dallas Texas Psikis untuk gratis Menyumbangkan mobil tua untuk amal Rendah batas kredit kartu kredit Dallas pengacara Mesothelioma Asuransi mobil kutipan MN Menyumbangkan mobil Anda untuk uang Cheap Auto Insurance di VA Bertemu Auto Kursus Online forensik Home Telepon Internet Bundle Menyumbangkan digunakan mobil untuk amal PHD pada konseling pendidikan Neuson Asuransi mobil kutipan PA Royalti gratis gambar saham Asuransi mobil di South Dakota Layanan email massal WebEx biaya Asuransi mobil murah untuk wanita Asuransi mobil murah di Virginia Mendaftarkan domain gratis Lebih baik panggilan konferensi Futuristik arsitektur Hipotek penasihat Mobil Donasi Kamar virtual Data Perguruan online Kecelakaan mobil pengacara Auto kecelakaan pengacara Mobil kecelakaan pengacara Data Recovery Raid Pengacara kriminal Miami Harga asuransi motor Cedera pribadi pengacara Asuransi mobil kutipan Kanker paru-paru asbes Pengacara cedera Firma hukum cedera pribadi Online Degree keadilan kriminal Perusahaan asuransi mobil Dedicated Hosting, Dedicated Server Hosting Perusahaan asuransi Solusi VOIP bisnis Auto Insurance Quote Mobile Auto Mobile pengiriman kutipan Catatan kesehatan, kesehatan pribadi Record Online Stock Trading Forex Trading Platform


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