1 Level
1 Review
-1 Karma
Review on Binance by Emrah Arslan
Binance exchange launched by Changpeng Zhao in 2017. There many languages…
Binance exchange launched by Changpeng Zhao in 2017. There many languages supported. This is very strong side of Binance. My point of view binance is going to lead cyrpto market for a long time. They have good team and they are willing to share every open point with the comunity. With increasing market share, they will provide more feature within sooner time. Comunicatioın with every cyrpto supplier is more important for future in binance strategy. The other important point of the future of binance is security selectionns while trying to log in. I would like so share my suggestion on this topic. First of all, using sms verification is more important than the others, second security item is mail notification while persons trying to live.
My other findings;
Users on the Binance Exchange can receive a half discount on trading fees by paying with the own cyrpto.
In March 2018, allegations were made that Binance, along with OKex and Huobi, were fabricating up to 92.9% of the trading volumes on their platforms.Commenting on the study, author Sylvain Ribes said "I found ridiculously massive discrepancies between exchanges. Not the kind that can be easily hand-waved away, but the kind that can only be explained by some figures being overstated as much as 95%”.[10] Following this, Binance announced its intentions to open an office in Malta after stricter regulations in Japan and China. In addition, Binance plans to move to Jersey to expand its European influence, having achieved a exchange license there, and plans to add fiat pairs including the Euro and the British pound to its supported currencies.
Pros
- Advanced features such us small assets convertion to BNB
Cons
- Needs to improve mobile app .
