Review on Binance by James joseph
Binance exchange
To start my review on Binance exchange I will say through many months of using this exchange I've not encounter any difficulty or problem as I've conducted countless transaction of different crypto pairs with fast processing speed, Interestinly to get started with exchange and trading on the platform user can execute trading activities without KYC verification although there are some limitations in other to enjoy unlimited transaction and have a more secure account verification using KYC and user ID card will be required. the exchange support spot trading, margin trading and future trading due to support for multiple crypto pairs on Binance I mostly use Binance platform to convert new crypto token which can have market value in near future.
Binance exchange support wallet for users to store their crypto asset new token and coins are listed on the exchange daily which makes this exchange an attractive platform for both investors and traders. millions of transaction are processed daily on Binance exchange it has a considerable fee of 0.1% making withdrawal and deposit on Binance exchange requires no fee, Interestinly Binance have its native coin BNB which can be used by it traders with these coin traders can get discount when they make transaction.
Security system of Binance exchange is very good as users privacy are well protected with 2FA authentication verification code for making transaction.
Binance exchange is a recommended well recognize exchange I will gladly recommend it for new users.
Pros
- Exchange platform supporting multiple crypto pairs
- Support fast transaction with little fee
- Support spot, future and margin trading
- Support buying crypto using local bank account and credit card
- Support good security system with users protection
Cons
- Binance non for now.
New products
Comments (1)
January 29, 2021
my brother, I cannot use binance without KYC, I think your comment is very good, but I cannot use most of what you say, I wonder if we can be in different countries but I cannot trade binance without kyc
