Review on Binance by Alik Moshko

Name: Binance
Item: Binance
Rating: 5

September 25, 2020

Binance exchange

Binance exchange is a well-known cryptocurrency exchange designed for the prompt purchase and sale of tokens.  The site is popular among traders and investors.  Traders make money on rapid price changes within a day or week, and investors invest money for a long time.
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 On the site, users can exchange money and earn on exchange rate differences.  The exchange interface is understandable for both beginners and trading professionals.  More than 100 coins are available for trading.
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 In addition to obvious advantages over other sites, it should be noted that there is a minimum commission of 0.1%.  Exchange protection is at a high level.  If funds are stolen, it is only due to user carelessness or refusal to use antivirus.
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Pros

Positive reputation. Reviews on the network are purely positive, if there are security flaws, then they are minor. Huge selection of currencies, which provides a high level of liquidity and attracts users of rare altcoins to the site. High speed of work, technical ability to process thousands of transactions every second. Loyal commissions, the opportunity to save with BNB tokens

Cons

To withdraw money from the exchange over a certain limit, you will need to go through verification. Now this is a mandatory requirement for online trading platforms. However, those who trade medium and small amounts without intending to exceed the limit can do so immediately after registration, without confirming their identity - which is a definite plus. The picture is complemented by a simple, logical interface, so we can say that even a beginner can work with Binance.