Review on Binance by Francis D.

Name: Binance
Item: Binance
Rating: 5

January 06, 2021

Binance: The king of Centralized exchange and a contender for DEFI.

Ah, the Binance exchange. This is where high profile projects launch with their launchpad. I participated in their voting for coins being listed by owning and voting using their utility coin BNB or Binance coin. Pretty decent returns has came back to me by holding just the BNB because of their burning capability to increase the price of each BNB. 
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 What I also liked about them is the different promos and P2P transactions globally and have a presence already in the different parts of the world as well. With Binance, there is a high liquidity of trades so you can easily trade your coins in here with no price slippage. Binance do also launched their smart chain called BSC or Binance Smart Chain. This is where you could yield farm using BNB and other pairs that is running on BSC. Just by providing the liquidity pair, you could earn already. 
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Binance is really picky as well when it comes to projects because of maybe there are rugpulls that have happened and is switching to discovery mode until they are deemed worthy for the Binance exchange which is a good initiative from the Binance team. 
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Pros