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Lagos
4 Level
114 Review
805.25 Karma

Review on Binance by Eunice Olagbadun

Revainrating 4 out of 5

A major Cryptocurrencies exchange platform many users flock into

I came across this wonderful cryptocency exchange platform some months ago through a friend... At first I was skeptical about Binance because I didn't have a deep knowledge and understanding of what it is about but after series of researches and all I can say with all sincerity of heart that i'm glad I was introduced to it. One of the reasons I love binance is because of its secured and seamless crypto asset spot trading experience... I was able to exchange my local fiat for Bitcoin or other coins to make trading much easier and interesting for me..Binance provides a peer to peer trading service(P2P) service that enables me to connect directly to a cryptocurrency buyer and facilitate my trades to buy into the crypto market. It also provides a staking service that allows me to earn returns on proof of stake and decentralized finance (DEFi) coins without needing any technical knowledge
Theuser



Pros
  • Trading is fairly easy and user friendly
  • Binanance allows users to exchange fiat for Bitcoin or other coins
  • Staking platform on Binance allows users to earn even on held assets
  • Binance boast of a very secured platform and users are assured of fund safety
Cons
  • Service is not available worldwide
  • Trading fee using BNB is been cut every year on year

Comments (2)

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January 14, 2021
Binance has become the top choice to trade tokens staking p2p and bank transfers specially after the launch of binancescan. Further I have tracked it always comes up with new features and developments to remain competitive. Fees is no bug if you can transfer token with lowest or almost no fees and swap low volume tokens to bnb without even need to trade.
January 09, 2021
The Binance exchange platform happens to be amongst the earliest exchanges that came into the blockchain network. The Asian exchange platform tends to support many ways of making passive income on their site like lending of your funds and staking. Their trading fee is also affordable as 0.1% is far better than the industry's average of 0.25%

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