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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Binance by Gabriel Medina

Revainrating 4 out of 5

One of the best Asian exchange

Binance is one of the fastest growing cryptocurrency exchanges on the market. Binance's popularity is due to many factors, from multiple languages, having a clean and remarkable user interface, high performance reduction in its processing speed, basically its exchange operations are instantaneous.
Its name comes from the combination of the words binary and finance, it is the most popular Asian exchange. This exchange has achieved great relevance due to its wide variety of cryptocurrencies, such as Bitcoin, Ethereum and many more more than 100 currencies within its platform. Most generally of Asian origin.
The registration process is quite simple. It has compatibility with various devices, strong equipment, security and stability, plus state-of-the-art technology.



Updated 4 years ago
Rating has not been changed
Binance is a very fast growing exchange with a lot of popularity due to the multi-language restoration, the interface and the excellent performance. Exchange operations are instantaneous.
It has grown exponentially since its founding in 2017 and is now one of the largest cryptocurrency exchanges on the market.
Why choose Binance?
Most of the exchanges platforms are responsible for carrying out the exchange of cryptocurrencies, but what is it about Binance that makes it so popular? It offers security, functionality and solid performance. Here are some of the most important features of this platform:
  • Cross Device Compatibility: It supports web browsers, Android, HTML5, WeChat and other platforms.
  • Strong team: Binance is led by Changpeng Zhao. The company claims that its team has the most experience in both Wall Street and the crypto market.
  • Security and Stability: Binance uses a multi-tier, multi-cluster system architecture.
  • State-of-the-art technology: uses a compatible certified engine capable of processing millions of orders per second, making Binance one of the fastest exchanges on the market.
  • Conclusion
    Currently Binance is one of the best options you will find to make your purchases or sales of cryptocurrencies. It supports more than 100 different cryptocurrencies with which you can make your exchanges quickly. Regardless of all the positive points provided in this review about Binance, keep in mind that it is still an exchange platform and you always have to take certain precautions, for the simple fact of being very popular, it is prone to hacker attacks , with the intention of stealing information and cryptocurrencies. I suggest you use long and secure passwords, that you activate 2-factor authentication and above all never store too much funds in the account.

    

    Pros
    • Bitcoin-focused exchange
    • Low rates
    • Many currencies to exchange
    • No delays
    Cons
    • Does not accept bank payment method
    • Customer service is lousy
    • The site is not for beginners

    Comments (1)

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    September 15, 2020
    A wonderful review. Presently Binance is running a lauchpool for users Stakers of BNB i.e Binance coin are the ones qualified to be part of this opportunity. And interestingly there's no KYC verification required to partake in this opportunity.

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