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세계적 수준의 암호 화폐 거래소 플랫폼 인 Binance는 안전하고 원활한 암호 화폐 자산 현물 거래 경험으로 유명한 암호 화폐 거래소 중 저명한 글로벌 리더입니다. 바이 낸스는 130 개 이상의 암호 화폐 거래를 지원하고 초당 1,400,000 개 이상의 거래를 처리 할 수있는 능력을 갖춘 초고속 거래를 제공합니다. 거래량 측면에서 바이 낸스는 매일 12 억 코인에 가까운 변함없는 성과 거래를 발산합니다. 보안 측면에서 세계 최대 암호화 자산 거래소 인 Binance는 다중 계층 및 다중 클러스터 시스템 아키텍처를 사용하여 높은 수준의 안전과 신뢰성을 향상시킵니다. 바이 낸스는 0.1 %의 명목 수수료를 부과하며 시장 최고의 디지털 자산 교환 애플리케이션 (iOS 및 Android 모두)을 보유하고 있습니다.

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바이 낸스는 좋은 회사입니다

신뢰할 수있는 암호 화폐 거래소 중 하나를 찾고있는 Binance는 제가 요청하면 누구에게나 추천하고 추천 할 수있는 거래소 중 하나입니다. 사용하기 쉽고 플랫폼에서 몇 가지 거래를했고 잘 진행되었고 거래 수수료는 저렴한 가격으로 저렴하며 Binance는 Changpeng Zhao가 5 년 전에 출시했으며 그는 중국 사업가입니다. 바이 낸스 거래소에서 거래하는 것은 매우 쉽고 스트레스없이 그들과 거래하세요 지금까지의 경험을 통해 전 세계의...전체 리뷰보기

초보자에게 매우 좋습니다. 전체적으로 Binance를 좋아하지만..

Binance를 통해 암호화폐를 사고 거래하는 것은 매우 쉽고 초보자와 고급자 모두에게 매우 적합합니다. 한 가지 문제가 있다고 생각하고 매우 큰 .. 동전이 상자에 도착할 때까지는 도착할 때까지 이미 10 거래소에 있습니다. 암호화폐로 돈을 벌고 싶다면 출시 가격을 묻는다면 정말 돈입니다. 바이낸스가 오기 전에 구매할 수 있는 옵션을 제공하는 지갑을 더 많이 보유할 것을 권장합니다. 그리고 이것에도 불구하고 나는 여전히 상자에서 거래를...전체 리뷰보기

파키스탄 사람들을 위한 최고의 선택 중 하나입니다!

바이낸스는 위대합니다. 파키스탄에서 가장 큰 암호화폐 거래 플랫폼이자 가장 유명합니다... 파키스탄에서 합법적으로 등록된 사업은 아니지만 여전히 거의 모든 암호화폐 애호가는 다른 옵션보다 이를 사용하는 것을 선호합니다. 낮은 수수료, 뛰어난 인터페이스, 간편한 가입 및 KYC, 전용 Binance 파키스탄 텔레그램 채널 때문입니다. Binance의 Andriod 앱도 반응이 매우 빠르고 시각적으로 훌륭합니다(Haven은 iOS 버전을...전체 리뷰보기

매우 유용하고 우수한 교환을 추천합니다.

나를 위해 인터넷에서 최고의 암호 화폐 교환 중 하나입니다. 생각조차 내가 몇 가지 문제가 있었던 최고입니다. 그래서 나는 별 5 개를주지 않습니다. 그러나 일반적으로 신뢰할 수 있습니다. 그리고 그들은 당신이 상상할 수 있는 거의 모든 암호화폐를 가지고 있습니다. 그렇기 때문에 그들 사이에서 암호화폐를 변환하기가 너무 쉽습니다. 그러나 제 주요 관심사는 이 BSC에 관한 것입니다. 귀하의 암호화폐를 Binance로 전송할 때 그들은...전체 리뷰보기

신뢰할 수 있고 유용하며 최고의 암호화 플랫폼 중 하나입니다.

제 첫 리뷰입니다. 나는 Binance가 약간 복잡하지만 여전히 배울 수 있고 시장에서 최고의 암호화 플랫폼 중 하나인 안정적인 플랫폼을 찾았습니다. 작동 방식을 이해하는 데 약간의 시간을 보냈지만 플랫폼의 도움으로 며칠 사용 후 암호화 지갑을 구매, 거래, 스테이킹 및 관리하는 방법을 배웠습니다. 거래는 말 그대로 몇 초 정도로 매우 빠르며 비자나 마스터 카드와 같은 신용 카드를 사용하여 돈을 이체하거나 은행 계좌를 사용할 수 있습니다…전체 리뷰보기

거래소 암호화폐 1위 BINANCE

안녕하세요, 이것은 나의 첫 번째 리뷰입니다. 저는 이 거래소를 암호화폐 거래, 매수 매도, 빠른 거래에 사용합니다. 포털에는 지갑이 있으므로 토큰이나 돈을 구매하거나 거래할 수 있습니다. 사이트가 보기 좋고 사용하기 쉽습니다. 거래가 며칠처럼 기다려야 하는 은행보다 몇 초 만에 진행되는 빠른 거래가 바이낸스를 사랑하는 이유입니다. BINANCE는 강력하므로 자체 토큰 BNB도 있으므로 BNB USD를 사용하여 다른 많은 지갑과 거래할 수...전체 리뷰보기

바이낸스 가장 인기 있는 암호화폐 거래소

시장에서 가장 효과적인 교환 플랫폼 중 하나로 빠르게 인기를 얻고 있습니다. 그것은 많은 대안을 제공하며 130개 이상의 암호화폐에 걸쳐 가장 많이 찾는 것 중 하나입니다. Binance는 거래, 거래, p2p 및 시간 소모적인 거래를 위해 개발되었습니다. 그 이후로 성공을 달성하는 것을 멈추지 않았으며 여전히 현재의 신뢰성을 유지하고 있습니다. BTC, ETHEREUM 및 BNB와 같이 시장에서 가장 크고 가장 안정적인 것을 포함하여...전체 리뷰보기

주식 시장에 대해 더 연구하고 더 많은 기능을 발견하겠습니다.

아시다시피 바이낸스 거래소는 암호화폐 세계에서 가장 인기 있는 거래소입니다. 가장 중요한 것은 보라뿐만 아니라 매일 새로운 암호 화폐를 계속 출시한다는 것입니다. 현재 모든 장치에서 이 교환을 사용할 수 있습니다. 즉, 모든 장치에 대한 소프트웨어, 즉 응용 프로그램이 있습니다. 또한 다른 거래소와 다른 점은 거래 중 동결되지 않아 인터넷 네트워크가 매우 느린 경우에도 사용할 수 있다는 점입니다. 주식시장을 이용하기는 어려울 것 같지만...전체 리뷰보기

세계 최대 거래 플랫폼, 바이낸스.

세계에서 가장 큰 거래소로 알려진 바이낸스는 2017년에 만들어졌으며, 이 거래소는 세계에서 740개 이상의 암호화폐를 취급하는 것으로 알려져 있습니다. 그리고 거래소는 케이맨 제도에 위치하고 있으며, 바이낸스는 가장 가치 있는 거래소로 분류되는 가장 큰 거래량을 보유하고 있습니다. 오늘날 세계에서 바이낸스 거래소는 Changpemg zhao에 의해 만들어졌습니다. 바이낸스는 또한 사용자가 원하는 통화를 거래할 수 있는 좋은 경험을...전체 리뷰보기

좋은 거래를 교환하고 경험하는 더 나은 방법.

바이낸스는 최근 2017년에 설립된 글로벌 거래소로 빠르게 전 세계 최고의 암호화폐 거래소가 되었습니다. 바이낸스는 200코인 이상을 지원하고 다양한 금융 서비스를 제공하므로 사용자 또는 사용자가 거래할 수 있습니다. binance는 쉬운 거래 활동을 장려하는 훌륭한 기능, 여기서 더 쉽고 빠르게 거래할 수 있는 저축 계좌 암호 직불 카드와 같은 기능을 제공하는 고급 거래 플랫폼입니다. 가장 소중한 자산입니다. 개선의 여지가 있는...전체 리뷰보기

바이 낸스

저는 바이 낸스를 사용하여 꽤 오랜 시간 동안 거래 해 왔으며 양질의 서비스 측면에서 제공하는 것이 정말 안정적이고 신뢰할 수 있다고 말할 수 있습니다. 플랫폼을 사용하는 고객에게 필요한 것이 무엇인지 정확히 알고있는 것과 같습니다. 수년 동안 Binance는 거래를 획득 할 수있었습니다. 약 5 년 전에 운영을 시작한 약 118 억 달러 바이 낸스는 거래에 대해 매우 낮은 거래 수수료를 지불 할 수있는 거래 플랫폼 중 하나이며...전체 리뷰보기

Binance Exchange Review

Rinat Arslanov
By Rinat Arslanov, CEO at Revain

Today, Binance is one of the world's major-scale crypto exchanges, so you should learn more about it and its ecosystem. This Binance review casts light on what this trading platform is, what are its advantages, and why it is now probably the safest option for cryptocurrency trading.

Contents

1. What is Binance Exchange?

As the popularity of digital currencies keeps increasing, a tremendous number of exchanges appeared over the last years. Thus, not only beginners may find it very hard to choose a suitable and safe crypto exchange. We have prepared this comprehensive Binance review to help you make a decision.

A relatively new centralized exchange, Binance has already proven its reliability despite having been subjected to hacker attacks. In terms of working mechanisms, Binance is similar to Poloniex or Bittrex—exchanges that are well known among crypto traders.

Binance received funding in July 2017 through an Initial Coin Offering (ICO). Having raised enough funds for a successful launch, the trading platform began to solve the sore problems—which centralized exchanges constantly face—outlined in the white paper.

Binance was founded by Chinese-Canadian developer Changpeng Zhao, also known as CZ, who is also Binance CEO. The exchange was launched on July 14, 2017. Changpeng Zhao previously worked on Blockchain.info and OKCoin and headed the Bloomberg technical department. Over the 3 years of Binance operation, it has earned considerable popularity among crypto traders, now being among TOP 5 exchanges in terms of the everyday trading volume. At the very beginning, Binance HQ was in Shanghai. However, after the government of this country banned crypto exchanges, the company moved to Japan and Malta, and now adopts a decentralized remote organizational structure.

In 2017, Binance announced that Yi He, co-founder of OKcoin, would work with them. As Yi He is prominent and established in the Chinese Internet, crypto and startup industry, her joining the Binance team boosted the popularity of the platform itself and proprietary Binance coin.

Binance's website is binance.com. The domain was registered on April 1, 2017. Despite the website is quite plain at first sight, it is highly advanced and supports 16 languages. While the website is very user-friendly and intuitive, it resembles websites of other established trading services. Choose the language in the Login and Registration sections. What makes a website's advantage is a news section.

2. Advantages

The platform's core features are low trading fees and high-speed transaction processing. Binance users can also enjoy a rich range of digital coins, for each of which the exchange offers a dedicated crypto wallet. General strengths:

  • Market leader in terms of the trading volume. Billions of dollars at disposal of Binance help traders perform large-scale transactions. All this ensures fine exchange courses.
  • Lots of cryptocurrencies available. Though trading platform developers concentrated on offering as many cryptocurrencies as possible, there is no quality setback. The user can trade any of the common cryptocurrencies or deal with less known tokens. The availability of numerous markets also contributes to wide trading opportunities.
  • Uncompromised security. Binance developers focus on ensuring reliable operation and even tell the users about possible hackers' actions: reward for facts
  • Non-stop development. The platform founders keep on maintaining it, thus Binance performance is growing permanently. Team Binance never stops coming up with new ideas that improve the service.

Moreover, the crypto exchange has a range of unique features that attract masses of new traders.

  1. Binance ensures the accessibility of lots of rare coins that other trading platforms don't have. Binance has more than 200 cryptocurrencies listed on its exchange. The exchange also has its own digital currency, BNB (Binance Coin), issued to raise capital through an ICO. Binance Coin holders enjoy extra discounts and bonuses. With the exchange coin, every trader can reduce the fee from 0.1% to 0.075% (and only for spot).
  2. Three types of trading. Binance platform can provide a trading terminal for all customers, no matter what type of trading they prefer. At its very dawn, Binance was a spot-trading-only platform. But, as the project evolved, margin and futures trading was introduced—thereby helping the platform fulfill demands of amateurs, seasonal traders, and practiced professionals.
  3. Crypto staking. Many traders and crypto enthusiasts know about proof-of-stake coins, but not everyone knows that the Binance exchange also offers a staking feature. Thus, every user can find lots of noteworthy staking projects on Binance.
  4. Binance lending. The platform lets crypto investors earn on interest rates, lending money to those needing a crypto loan. Lending supports many popular digital currencies: beside Bitcoin, altcoins and stablecoins are also available.
  5. Crypto ward accounts. You can control the accounts of your customers, family members, or friends. Binance provides the ability to have up to 200 sub-accounts under your one Binance account.
  6. Corporate account. If you need to open an account on the Binance exchange on behalf of your company, you can do it easily. Use a corporate account for a legal entity, regardless of its form. This may be Corporation, Pvt. LLC, Limited, LLP, or another organization.
  7. Purchasing crypto assets with fiat currencies. At the very beginning, Binance did not support the exchange of cryptocurrencies for fiat currencies. The function appeared later, being a weighty competitive strength as not every exchange can boast such a feature. Now you can fund your Binance account using your credit card or bank account. Moreover, you can trade directly, enjoying very friendly fees.

Apparently, the Binance exchange and its in-house BNB coin will stay in the market for a long time. As you can see, the platform's business is centered around supplying in response to customers' demand. This economical model can be stimulated by various methods and tools. Chances are the BNB price will keep growing for a long time as traders will pursue trade fee discounts in order to boost their trading performance.

Another important benefit is that Binance is already included in the rating of the top 5 trading platforms. The platform's expansion started from the very first months of its existence and Binance continues to maintain high positions.

One could argue that Binance's business model hinges on the BNB price in terms of commercial revenue. Ultimately, Binance will burn half of all its BNB coins. To enable the company to do so, the team implements tons of innovations that similar projects can't even imagine. Such advancements include monthly payouts, the Binance Launchpad token sale platform, Binance Angel and Captain community programs, various giveaways, and contests such as Binance API Coding. In 2017, Binance was the first exchange to distribute NeoGAS to all NEO investors and NEO holders on Binance.

From the very dawn, Binance supported the world's most heavily-used languages—this also contributed to the platform gaining the global prevalence and climbing to the top of the exchange market. During the very first quarter of Binance operation, over 50 cryptocurrencies were made available on the platform. Those altcoins began tradable at a very low fee. It's reasonable as the 0.1-percent commission seems very friendly to most traders. Eventually, that was the factor that helped Binance stand out from the competition.

3. Registration

To create a Binance account, visit the exchange website and click Register. Please keep in mind the following information. Once you specify your email and create a password, you will need to solve a captcha. To be accepted by the system, your password must be reliable and include uppercase and lowercase letters and numbers. When solving a Captcha, you first need to move the cursor to the field and then enter the characters you see in the picture.

binance registration

Registration Procedure

First, create an account on https://accounts.binance.com/en/register

If you use the same email when registering on different exchanges, NEVER USE the same password for different exchange accounts! The best way is that you use different emails and passwords. Enter email and password

binance account registration

A confirmation message will be sent to your email. Copy the code from that message and paste it to the code field.

confirm registration from binance
email on inbox

Then, you will be granted access to the free account.

welcome message binance

To start using the service, you will have to set up the two-factor verification (2FA) for the sake of better security.

Then, pass Verification.

Once verification is complete, your account is good to go.

binance profile view

4. Verification

To gain access to all the platform's functions, you need to pass verification at binance.com. Identity Verification is required to increase the withdrawal limit and allow you to buy crypto for fiat.

The verification process consists of 3 stages. First, you confirm your email. After this stage, you will be able to withdraw an equivalent of up to 2 Bitcoins every day. Click Complete Identity Verification to finish this stage.

To use withdrawal, provide contact details, including a phone number. Instead, you can connect Google Authenticator. Earlier, if a user wasn't a China resident or did not even have a SIM card of any of the Chinese carriers, they could not use this feature. But, after the platform's HQ was relocated to Malta, the problem was sorted out. However, one still has to use a Google Authenticator code.

binance verification
verification step 2
verification step 3
verification step 4

The second stage requires a bit more effort. Specifically, you will need some documents. Log in to your account and fill in your details, including first name, last name, date of birth, and place of residence. After this stage, you will have to choose one of the documents that can confirm your identity. It may be an ID card, driver's license, or another document. You can upload either a photo or a color scan of a document. You will also have to take a photo of your face.

Document Specifications:

  • high resolution
  • good lighting so that every detail is readable
  • JPEG or PNG format
  • color photo
  • original document (not a copy)
  • one person in the photo
  • no glasses/hats/etc.

Usually, application review takes 1 to 3 business days. Verification may take longer depending on how busy is the customer support service. So claim withdrawal amounts worth more than 2 BTC beforehand and make sure this stage is finished before you deposit or trade large amounts. If your application was declined, you can try again in 24 hours.

Once the second verification stage is complete, you will be able to withdraw amounts worth up to 100 BTC every day. If you want to get even more opportunities, then proceed to the third phase of verification. You can do it by resorting to the customer service.

Verification Procedure

First, add general details to your profile so you can step to the next verification stages and thus get less strict withdrawal limits. Click Verify.

binance verification procedure

In the new window, fill in Basic Info.

basic info

After that, your basic information will be verified.

personal information

Then, pass ID and face verification. Click Verify ID & Face. You will be redirected to NetVerify.

https://netverify.com/web/v4/app/start

Click Start.

start verification

Choose the country/region and ID type.

choose country

Upload a clear ID scan (only use JPG or PNG).

upload a clear id scan

After that, verify your face. Before starting face verification, make sure your camera is centered.

face verification
face verification camera check

Once the procedure is complete, your request will be submitted for moderation and validation that may take 1 to 3 business days. You will receive the result via email.

verification message

You will see the following after validation is over.

binance validation is over

Congratulations! You have successfully completed identity verification.

5. Deposits & Withdrawals

Once registration and verification are complete, the user can top-up their Binance account. You are free to pick any of the multiple digital currencies available (to date, 200 cryptocurrencies are at your service). However, most traders prefer going with Bitcoin and Ethereum.

To make a deposit, click Asset and then Deposit. You will see all the cryptocurrencies available on the platform. Choose one and deposit as much as you need. Besides the rich variety of digital currencies, Binance has recently introduced depositing with fiat currencies—e.g. USD or EUR—via VISA or MasterCard card.

You can manage your deposits on a dedicated page; there, you will find balance info and related details. To get to that page, click on the user icon in the website header, then select Balance in the dropdown menu. For guidance, see the screenshot below.

To start trading on Binance, please send the deposited funds to the following address. As different blockchains have different specifics and transaction validation periods, the time when the deposited currency will appear in your profile will rely on the cryptocurrency type. For instance, the Ethereum blockchain validates transactions quicker than the Bitcoin blockchain.

You are not limited to Bitcoin or Ethereum. Feel free to send to Binance any of the cryptocurrencies offered on the website.

You will see these three buttons close to every currency name:

binance deposit

In the Deposit section, you can manage your Binance profile. Click Select Network to pick a network to store your cryptocurrency in. To identify your payment as a sender payment, obtain a special identifier called Memo BNB.

On the left are the asset name, account balance, number of tokens in orders, and funds available. Under that, you can see a TAG—a payment identifier used for transferring funds from another source (by default, your original wallet's address).

To be credited to Binance, funds are confirmed once. Once validated, funds are displayed in history so you can trace your transactions.

Having deposited funds to the account, you can begin to invest in crypto assets or currency pairs, perform exchange transactions, or trade crypto. Binance provides plenty of investment opportunities, including tokens, ICOs, hundreds of coins, and currency pairs.

You can use the exchange to place limit and market orders. However, this is not where Binance's capabilities end. The platform comes with a lot more options. Having placed an order, wait until it's executed (it will be completed as per the terms you have chosen).

With a recent update, Binance introduced a function allowing users to buy crypto with a bank card. To do that, click Buy Now in a window with Visa and MasterCard logos.

buy cryptocurrency

6. Exchange Trading Fee

The common trading fee on Binance amounts to 0.1%. For BNB coin holders there are some fee discounts. According to the program, every customer has a rating. The higher the rating, the more the profit (due to lower fees).

The platform offers 9 levels: from zero position with 0.1% fees for makers and takes to the ninth level with 0.02% fees for makers and 0.04% for takers. At intermediate levels, the difference between fees for makers and takers usually comes to 0.01-0.02%.

7. How to Trade on Binance

Trading on Binance is fairly straight-forward if you have used any other cryptocurrency exchange before.

To start trading on Binance, go to the Trading section. After that, you find yourself in the real world of trading. To perform a trading operation, click the Exchange button on the website, choose a mode, and go directly to the exchange website. Before you begin to trade, choose a trading pair.

After you choose a market and currency pair, you will see detailed information about quotes, the order book, and other valuable data. Beginners are recommended to use the Market order, as orders of this type are executed immediately after they are created at the current cryptocurrency price.

First-timers will notice that the platform offers basic and advanced options in the trading interface.

Once you have deposited to your account and clicked Exchange, choose Basic or Advanced interface.

Novice traders may find it too hard to use both interface versions. However, both inexperienced customers and users that somehow know how cryptocurrencies work will be able to enjoy all the available opportunities for profitable crypto trading and other services offered by the exchange.

The advanced interface comes with more analytical tools and price analysis instruments.

Currently, the basic interface's toolbar comprises charts and graphs for selected currency pairs, order books, and trading history.

Basic Interface:

binance basic interface

The basic interface has a convenient, elaborate, and eye-pleasing design that presents all the handy data. On the left side of the screen are coin values of coins; in the center are buy/sell charts and fields; and on the right is trading history with the latest cryptocurrency values.

Advanced Interface:

binance advanced interface

In the advanced interface, trading charts are displayed on a dark background. On the right, you will see the latest trading values, next to buy/sell fields—just link in the basic interface.

Even experienced traders pick the basic type which seems more user-friendly than the advanced.

You can see the top of the trader's account in the screenshot below. The upper part is a scroll of currency pairs. By clicking on one of them, you will see its chart and Depth of Market. If a trading pair you need is not listed, click More. After that, you will obtain a list of all cryptocurrency pairs available on the Binance crypto trading platform.

binance mobile interface

As Binance has a mobile app, you can trade using your smartphone or tablet. The app comes in very handy when you have to trade on the go. Binance iOS and Android mobile apps are among the best trading apps available.

To use the mobile application, you must first register in Binance. Create an account here. Having registered, download the Binance application, and enjoy trading anywhere and whenever you like.

8. Margin Trading

Margin trading involves borrowing money from the platform or other traders—to raise the trader's capital. In other words, this type of trading lets traders open trading positions that exceed the amount of their own funds. So, you can open a position with a value of, for example, 2 BTC, while setting 1 Bitcoin as a margin. It's not recommended that beginners use margin trading as this type of trading always entails severe risks. If you can forecast the market's movement correctly, you can make good money. However, as the market is usually unpredictable, there is always a high risk of heavy losses.

To use margin trading on Binance, you will need to pass KYC verification. But, if you are a resident of the USA, Canada, Japan, or South Korea, you will not be able to use margin trading on Binance, even if you pass KYC verification successfully.

In the toolbar in your account, click Margin and then Open Margin. You will be asked to pass KYC verification if you haven't done it yet. This type of trading employs specific wallets. So, before starting margin trading, you need to transact part of your funds from common wallets.

Having transferred assets to the special wallet, you can use them as security when borrowing money.  You can borrow money with the credit leverage of up to 3:1. This means you can borrow 2 Bitcoins if you have 1 Bitcoin (3 in total to 1 own).

To choose a cryptocurrency you want to borrow, click Borrow. Then, specify the amount you want to borrow and click Confirm Loan. After specifying the loan amount, you will learn the interest you will have to pay for using the borrowed funds in margin trading.

At margin level 1.3, you will receive a margin call. You will have to either deposit more money or pay it off partially. Therefore, it is imperative that you carefully monitor the margin level so you don't lose your security when it falls to level 1.1.

9. Fees and Limits

While Binance charges 0.1% of any user's transactions, traders using Binance tokens in payments enjoy 50% off the trading fee. To date, this is one of the friendliest trading fees in the market.

Every cryptocurrency is subject to a different fee. That said, the user pays 0.0005 BTC for withdrawing Bitcoins and 0.005 ETH for withdrawing Ethereum. Check out these examples to see how much you will pay for withdrawing your funds:

Name (Coin)Minimum WithdrawalTransaction Fee
Binance Coin (BNB)20.93 BNB
Bitcoin (BTC)0.0020.001 BTC
NEO (NEO)10 NEO
Ethereum (ETH)0.10.01 ETH
Litecoin (LTC)0.020.01 LTC
Qtum (QTUM)0.020.01 QTUM
EOS (EOS)1.41 EOS
Status (SNT)2041 SNT
Bancor (BNT)2.41.7 BNT
NeoGas (GAS)0.0010 GAS
Bicoin Cash (BCH)0.0020.001 BCH
Bytom (BTM)105 BTM
Tether (USDT)10017.9 USDT
Hshare (HSR)0.0010.0001 HSR

Besides the trading fee, the service also charges a withdrawal commission. You can find the table where withdrawal fees and minimum withdrawal amounts are shown for every digital currency.

When it comes to transferring funds, Binance imposes no limitations in terms of cryptocurrency amounts. But, users cannot withdraw more than a specific amount until they pass verification.

In this regard, verification gives the user free rein. Further in the text, we will describe the verification process. Get ready to specify some details and provide an ID card.

10. Withdrawing Funds

Withdrawing funds from Binance is also easy. It's simple to get your money from exchangers. You just send crypto to the exchanger's crypto wallet. After the blockchain validates the transaction, it will send you back your amount in the currency you need, to the address you have specified.

To withdraw money, click Withdraw in the asset table. You will be redirected to a withdrawal page where you will perform a withdrawal in the currency you chose in the previous window.

11. Why Choose Binance?

Many traders prefer Binance for its reliability and advantages, low fees, and instant transactions. In fact, the platform innovations allow processing some 1.4 million orders per second. Also, Binance offers by far more digital coins than most major exchanges. Lots of crypto investors choose Binance as it provides for trading rare coins unavailable on other exchanges. Also, the service has its own digital currency, Binance Coin, which has the BNB ticker issued during the ICO. Binance Coin holders get extra discounts and bonuses and enjoy lower fees (0.05% instead of 0.1%). Also, deposits and withdrawals are carried out faster.

We can also compliment the Binance website that is easy-to-use and information-saturated. Multilanguage support allows people from all over the world to freely use platform on 16 languages. Tons of useful information is posted, including news, trading stats, and cryptocurrency draws.

Binance publishes market news and draws—an opportunity to get free tokens. Trading operations are performed in the Trading tab. The advanced trading terminal is designed for people professionally engaged in investments, as it comes with a rich choice of trading tools, indicators, charts—all to ensure high-quality technical analysis.

Beginners, who only learn digital asset capabilities and need proper technical analysis, can also enjoy the service's functionality.

12. Is Binance Safe?

Today, Binance leaves the competition behind in terms of initiatives, fund security, crypto trading capabilities, and trading volumes. Also, Binance mobile apps are extremely pleasing and friendly.

What is very significant is that Binance managed to survive the 2017 crypto fever, when long-standing and established crypto exchanges like Bitfinex and Bittrex had to shut down. To conclude, if you haven't tried Binance yet, now it's the time.

If you are interested in making money on cryptocurrency trading, pay attention to this crypto trading platform and create an account right away.

13. Customer Support

Binance has a professional customer support team that is always ready to help users solve problems or provide them with helpful insights. To get help from the support team, you need to submit a ticket through the online form on the platform website. After that, you will receive a reply via email.

binance customer support

Unfortunately, it takes the support team some time to process the user's request because of the high load.

Also, you can resort to the Frequently Asked Questions section where you can find short answers to most common questions and fully-blown texts that can help you understand trading matters.

Always make sure you send the cryptocurrency that matches the recipient wallet's cryptocurrency. Double-check the wallet address. Commonly, such errors lead to people losing their crypto assets, irrevocably, and forever.

If you need to transfer a large amount, first send a test payment to make sure that you did everything correctly and the crypto wallet address corresponds to the selected cryptocurrency type. Just be careful and you will not lose your money.

When contacting the support service, make sure you have all the necessary information at hand so the specialist can help you faster. Usually, if you have a transaction issue, be ready to specify transaction details, including the sender wallet, date, time, currency, amount, and recipient wallet.

14. Regulation

Binance interacts with traders in accordance with the User Agreement. The User Agreement is the project's cornerstone document. Every user is supposed to read the document carefully before interacting with the exchange. The agreement contains comprehensive information regarding how the platform works, as well as customers' and organizers' responsibilities.

15. Referral Program

The platforms offers a referral program to active users who are eager to earn more. To take part, the user needs to invite new traders to the project. The company pays up to 40% of the commission.

Binance also warns that if the mean everyday balance of the inviting user is lower than 500 BNB, the basic referral rate will be demoted from 40% to 20%. At the same time, the rate of the invited user will not decrease. For instance, if the inviter's referral rate is lowered to 20% and the invited user keeps their rate at 15%, the inviter's referral grade will be cut to 5%.

binance referral program

Afterword

Binance has quickly become a market-leading crypto trading company, leaving most of its rivals behind. The ICO that Binance held before the exchange launched helped the company raise 15 million dollars and earn support from reputable financial market professionals and companies. The exchange is popular among users because of low fees, high-speed order and transaction processing, and easy-to-use trading engine. On Binance, users can not only trade but also store crypto.

To date, Binance is among the most successful crypto trading projects. In many respects, this success is attributed to the fact that experienced professionals stood at the origins of the exchange. What also aided was the ICO, during which Binance received large investments—primarily from users. Also, the project was supported by well-known crypto enthusiasts and large reputable companies.

Binance website offers an intuitive interface and numerous special features for efficient trading. Website functionality is friendly both to a beginner who takes their first steps in trading and a practiced trader who needs quality technical analysis.

Users leave their feedback about Binance on various resources. Surely, there are some negative comments, most of which mention a lack of information on how trading is secured, account blocks, and problems with signing up to the exchange. Most of the exchange users note that the resource is very high-grade and stable, suffering no severe problems. Also, it's obvious for every user that the platform is not a scam.

Having studied the traders' feedback, we can assert that Binance holds leading positions and enables profitable and efficient crypto trading. Free of fraud or scams, the company is supported by the world's largest companies, which contributes to the constant growth of Binance's user base.