Review on Binance UK by Yinka Yemisi
Binance uk is a crypto exchange designed for United Kingdom and Europe
Binance uk is a fiat crypto trading platform. It was launched in order to enable interested uk investors to participate in uk digital market.
It is a market place for buying and trading crypto currencies with British pound (GBP) and Euro (EUR). It was designed for uk retail and institutional investors including crypto novices. It also serve European customers.
With direct bank transfers via uk faster payment services (FPS) and Single Euro payment area (SEPA) network, binance provides fast and easy deposit and withdrawal for buying and selling for digital currencies.
It supports fiat to crypto currencies on ramps through debit cards, customers can decide to open their own virtual bank account having their own sort code and account number with the lowest fee.
Registered and verified users can trade spot pairs with deep liquidity while leveraging on binance advanced trading platform.
It has trading fee of 0.1% which is very low compared to market trading fee, deposit is free and withdrawal fee is vary depending on the amount you withdraw.
Binance uk is a nice innovation, because there are some exchanges that does not accept UK and European investors. Binance uk allows them to participate in buying and selling of digital currencies fast and easy .
Pros
- It is very fast and easy to use
- It enable uk and Europe to participate in buying and selling of digital currency
- It support fiats currency
- User can trade with the lowest fee
Cons
- Nothing for now
