Review on Binance by Racheal Treasure
BINANCE EXCHANGE HAS HIGH VOLUME TRADING
Binance exchange is my first exchange used in crypto world. I am having good experience with this exchange. It supports many digital currencies with it own native currencies. The fee for taker and maker is very low. The exchange has basic and advanced which newbies and experience traders can choose from.
I love the platform because of various features on the platform. It supports different number of cryptocurrencies, free deposit to the platform with no maximum deposit, you can manually set up the price you want to buy or sell and many more.
I do not have any security issue on the platform. One of the security measure put in place is two factor authentication.
At first i find it challenging. I can not make deposit through credit card because i did not complete my KYC. Some function can be performed without complete KYC, but you can not use credit card to make transaction on the platform. Newbies may have challenges if it does not have digital currency that can be transfer to the platform without complete KYC. I think the team behind the project can equally set a transaction limit on using credit card if documentation is not yet complete instead of not allowing it, this will help the newbies to use card.
The exchange also have news and update about the digital currency which keep the user up to date about new development. In my on estimation i think this exchange platform has it all.
Pros
- The transaction is very fast
- It is one of the well known exchange in the world
- It support many digital currency
- It supports credit and debit card, this makes it very easy for newbies
- It support mobile devices which makes it very easy to access anytime.
- It is very secure exchange.
- Good and effective customer services.
- You can access the platform without KYC but you can get more advantage if KYC is done.
- It has native currency which is added advantage to the users on the platform.
Cons
- You need to complete KYC to fully enjoyed the platform.
New products
Comments (2)
September 28, 2020
This exchange is an interesting and one of my best crypto exchange. It has everything that makes the trading easy, with it low trading fee. The platform usually gives update about certain crypto with promotion.
September 26, 2020
Binance exchange to me has it all. The fee is reasonable, easy to register on it, transaction is very fast, and quite number of digital currency which makes the exchange to be very high in terms of liquidity. The exchange is highly secured.
