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Lagos
4 Level
147 Review
217.75 Karma

Review on Binance by Micha Joe

Revainrating 4 out of 5

I personally rate the Binance exchange as the best.

As a matter of facts, Binance is currently known as one the best and trusted exchange platform to trade on and with its success so far, it has gained popularity as well as many users also. Although, it has been a while since I used this exchange platform, Binance, for any transactions because I don't have any available asset in it but disregarding that you should really sign up for an account with Binance because it has everything that is required of an exchange.

Binance is really an excellent exchange platform because just as I mentioned earlier, Binance has everything that can be required from an exchange, from the very first time I signed up for an account with Binance I testified that it is a good exchange to trade on. Even for newbies, that is, user who are new in trading cryptocurrencies, Binance has available tutorials in its Binance academy which contains everything you will need to know about Blockchain, cryptocurrencies as well as operations on its exchange.

Surely, if you sign up for an account with Binance, you will get to know about all these things I am expatiating on and if you are already using it just give a comment on the comments box below if you think I gave a wrong detail of it. Moreover, Binance also has its own native cryptocurrency token built on its own Blockchain which I think is regarded as BEP-20 tokens, that is, its coin BNB is registered as BEP-20 tokens under its Binance Smart Chain, BSC. Also, users who have available BNB also get advantages in terms of trading fees because from what I have known so far, its trading fees are kind of expensive. However, if have available Binance coin, BNB, your trading fees could be reduced.

The most interesting part of it to me is that, my country's local currency, Naira NGN, is supported in its fiat market but we Nigerian can not directly purchase any cryptocurrency with a debit card, however, if your country is an European country you should be able to purchase any cryptocurrency with your debit card.

Binance is also a good example of exchanges which are active on social media as it even has a lot of followers which you know, resulted to the numbers of users it has. In conclusion, I surely know that the developers behind the success of this exchange must be a group of expertise who are well groomed in Blockchain technology and so I strongly recommend Binance and advice that if you are looking for an exchange platform to trade your assets try trading on this exchange, BINANCE.

Pros
  • It is a very popular cryptocurrency exchange.
  • It has its own Blockchain technology.
  • It has its own native cryptocurrency token.
  • It has its own benefits for its own users.
Cons
  • None at all.

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