Review on Binance by Fabrizio Zampieri
Binance is a Hong Kong–based cryptocurrency exchange launched by developer…
Binance is a Hong Kong–based cryptocurrency exchange launched by developer Changpeng Zhao in July 2017. Zhao’s company Beijie Technology created the exchange after a successful "Initial Coin Offering" that raised $15 million.
Binance offers a crypto-to-crypto exchange, meaning that it doesn’t facilitate any fiat currencies. This allows the platform to work freely, steering clear of any red tape or regulation (for now).
It's possible to buy/sell cryptos by a Standard and Advanced tarding platform with good graphics and adequate technical analysis tools.
Pros
- In my opinion one of the best exchange current. - The site is very user friendly, otherwise suitable even for those who are beginners with trading. - Low commissions and very competitive on the market compared to other exchanges. - Defined as one of the 5 best exchanges on which a higher dollar value is traded daily. - Excellent customer support fast in answers. - It is planned to open a branch in Malta so it will be possible to buy currencies also with fiat money. - On Binance it is not necessary to make a deposit when you open a new account. - There’s an impressive cryptocurrency selection on offer in conjunction with the Bitcoin, Ether, Tether. All in all, the number of coins available is nearly 100, and all major altcoins, are in the listing.
Cons
- Currently it does not accept fiat money to buy digital currencies.
New products
Comments (3)
May 09, 2020
Very interesting sir. Your comment Your comment is very interesting. I only understood exchange exchanges after I saw your comments that were so interesting, simple, and easy to understand. Very good
May 08, 2020
Binance has greatly improved from what it was some two years ago. It is now a gateway for many fiat currencies because it accepts them, this makes it easier for people of those countries to buy coins.
