Review on Binance by Jose Luis Perez
At the top.
Since the beginning of its operation, this exchange has been robustly positioning itself in the market for critics, to the point that today it is considered one of the most used worldwide thanks to all the features it offers to its users, with an admirable innovation process and its constant expansion and growth in the market.
Its reputation goes hand in hand with the experience that each user present on the platform has had, where a large number of currencies are available to trade in different ways, either through fiat money or the cryptocurrencies themselves with fees of low transaction. Also taking into account that in many countries, especially in Latin America, their currencies are devalued at a speed of lightning speed, we can change our fiat funds in various ways such as: credit card, debit cards, cash balance, payment to third parties, through the P2P trading modality and bank deposit.
When creating our account in this exchange, the process is very easy since we can do it using an email or a Google account to verify the registration for free, also it is not necessary to go through a KYC protocol for users who handle funds relatively low, although those who do operate with large amounts of money will need to go through this process later. However, the security and privacy of each user is guaranteed.
One of the characteristics that draws attention is the fact that it is available in a wide variety of languages, which guarantees its use worldwide and continues as one of the most used platforms in this regard.
They gradually show new services and operations within this exchange are increasingly attractive for those who use digital assets as their main method of payment and business. These updates can be found both on the website and in the different social networks where they have a good presence.
The truth is that Binance has much more to offer and that we must be on the lookout for since innovation is part of this platform.
Pros
- Good security and privacy protocol.
- Positioned as one of the most used exchanges with a high volume of operations.
- Possibility of working with fiat money.
- Different currencies available to different investors.
- Opening an account here is easy and fast.
- Various ways to change our money.
- Low rates.
- Available in many languages.
- Good reputation.
- They are always innovating new services for users.
Cons
- Although the immediacy of transactions is one of the factors that has characterized it, it has been operating a bit slow in confirming them.
