Review on Binance by Joanna Kot

Name: Binance
Item: Binance
Rating: 4

June 27, 2019

Binance the most organic exchange

Binance is much recommended to Cryptocurrency traders.
It is one of the most secure exchanges, which will give you a peace of mind.
Binance doesn’t look like a company that can easily fold up easily, and their recent hacking issue proofed that, so there is an assurance of your valuables being safe. Binance is perfect and recommended.
Binance offers a open market for cryptocurrency traders. It is one of the biggest crypto exchange platform and they offers hundreds of Coins and Tokens. Binance only support reputable project on their platforms (no SHITCOIN), so it’s always exciting when they announce new project that will be listed on their platform.
﻿

Pros

Bitcoin (cryptocurrency) is widely popular in last few years; Binance made their platform a good place to exchange Bitcoin for other cryptocurrency or tokens. Their services can be used by anyone in the world, except for countries that prohibit their citizen. Binance let you deposit or withdraw your cryptocurrency as wish; trading on the platform is easy although it can be confusing. Trading is super-fast and with accurate price, with introduction of Binance native coin (BNB), transaction fees on their platform are reduce by certain percentage to encourage users to adopt the coin and also serve as advantage to traders.

Cons

Binance has a great platform and offers hundreds of coins but the platform doesn’t have all coins. Most of the times, new crypto coins that I will like to trade are not always available on their platform, it will be required to source for another exchange.