Review on Binance by Peter John
Binance exchange
An important aspect I love about Binance exchange is it's 0.1 fee charges both for takers and makers this fee are not found in most exchange platform despite being a popular exchange in the crypto space Binance process thousands of transaction seamlessly without much delay or interruption.
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I use this exchange for my trading activities and I can say I haven't experienced any difficulty in making transaction it support multiple crypto pairs and coins, it can be used for trading on web base browsing device and application software.
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Binance has good security system since it launch there have not been any record of security breach which is good for the exchange reputation it support multi tier and multi cluster system to secure users privacy and account.
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Setting up an account on Binance is very fast and simple with a verified email address one can easily open an account and start making deposit and withdrawal although there are limitations for unverified account to enjoy unlimited deposit and withdrawal one have to verify their account using identification card.
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In summary I can say this exchange is secure and transparent it is recommended for use.
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Pros
- Secure exchange that execute thousands of transaction in seconds
- It support multiple crypto pairs
- Can be traded from mobile application and browsers
- Has low trading fee
- Setting up account on Binance is easy
Cons
- Customer service can be slow in response
