Review on Binance by Shalom Kolawole
MY REVIEW ON BINANCE
BINANCE is a centralized crypts exchange that has been in existence since 2017 it has the largest 24th hours trading in the crypto exchange market it's state of the art security system has kept the exchange going for 3 years now with no history of hack and leak of users information. The exchange is accessible to anyone in the world save for the USA. Binance allow ur user trade, deposit and make withdrawal without making KYC compulsory. It also permit the deposit of local currency which can be user choice
Pros
- Permits the deposit of fiat currency KYC is not compulsory
- Allows swap of crypto currencies with low value to be swapped to BNB for no fee
- Support over 200 coin and tokens
Cons
- Higher withdrawal fee for some popular coins
- Traving fees of 0.1 %is a bit
