1 Level
6 Review
4 Karma
Review on Bitcoin Diamond by Alicia Iqbal
Cryptocurrencies such as Bitcoin Diamond are traded in the crypto markets…
Cryptocurrencies such as Bitcoin Diamond are traded in the crypto markets. These can be considered replica of the standard forex markets. However, they differ remarkably because they deal with crypto assets such as crypto coins and tokens. The following are the top markets where you can follow and trade Bitcoin Diamond.
Pros
- This is one of the top cryptocurrency exchanges in the market. The market was created around mid-2017 by Changpeng Zhao to help address the challenges that users were facing trying to trade digital assets. Zhao was especially interested in ensuring that users can trade in utmost security and also pull down the operational costs. Between mid-2017 and early 2018, Binance grew rapidly and entered the top 30 cryptocurrency exchanges in the globe.
Cons
- To make trading easy and cheaper, Binance also introduced its native token referred as BNB (Binance Coin). This token has been instrumental in facilitating faster adoption by the cryptocurrency community. The standard transaction fee at Binance is 0.1%. However, you can pull the cost further down to 0.05% by making payment in BNB.
