Review on Binance by Orlymar Córdova
Binance, the most popular all-in-one exchange platform on the market
Despite the fact that it is a recent area of the economy, cryptocurrencies have had a great impact on our financial system globally. Digital currencies have become increasingly popular and more and more people are interested in making use of them.
One of the aspects that most attracts attention when entering the world of cryptocurrencies is being clear when exchanging those cryptocurrencies. Digital exchange platforms known as Exchanges, provide the opportunity to exchange your digital currencies for other currencies of interest to the user, for fiat money and other merchandise. There are currently a large number of exchange platforms, one of the most used worldwide is Binance.
Binance is positioned as one of the largest markets as it has one of the broadest cryptocurrency and token catalogs in the industry (more than 150 crypto assets). Beyond being an exchange platform, Binance offers you a whole ecosystem of financial services, providing all the tools that the user may need to do trading, which is why even today it is still the favorite of many users.
Pros
- You can use on mobile devices.
- Provides good technical support, with 24/7 online service.
- Provides high levels of security.
- It offers you a variety of solutions with everything related to cryptocurrencies. Even though trading within Binance is separated by levels, each of these are practical and easy to handle.
- It has a nice and simple interface.
- The commissions to make withdrawals are relatively low, they vary depending on the cryptocurrencies you select.
- They are constantly offering promotions for traders.
Cons
- Nothing to limit
