Review on Binance by David Olayide
Why I Like Binance
There are few exchange sites that are as cool and pleasant as the Binance site. I remember when i looked it up for the first time on the recommendation of a friend. I was impressed with what I saw. The simple but easy to understand layout among other factors were really impressive.
Binance is a very great exchange platform that allows users to carry out their transactions in mere minutes! Users can do all this and much more in a very good and secure process. A large volume of trading occurs on the site all day long because of it's large amount of users who like to trade.
When I looked up Binance I discovered that, you can trade in a very wide variety of cryptocurrencies. The transaction fees are relatively low and a lot of people are impressed by this. Binance allows you easy access to their trading platform by providing mobile apps for both Android and IOS devices. Now, traders can trade from anywhere in the world and complete their transactions quickly.
Binance proudly boasts of over 2 billion in average daily volume, more than 1.4 million transactions per second and 24/7 customer support. I can confirm this myself because when I did my transactions i received my funds in minutes. I like Binance and would definitely encourage anyone who wants too trade, to use Binance. Also you can store your BNB right on site.
Pros
- Simple and easy to grasp structural site layout
- Speedy transactions
- Low fee charges
- Secure transactions
Cons
- No fiat deposit or withdrawal
- Slow customer support
New products
Comments (1)
January 08, 2021
• KYC compliance will be positive for some, while considered negative for traders seeking anonymity. Users are able to trade Bitcoin, however, before completing the verification process.
• A demo account is only available for the Binance Futures platform.
• The more advanced trading platforms can be daunting for novice traders while delivering for the more advanced trader
