1 Level
53 Review
-31.5 Karma
Review on Binance by Ana A
Binance the world's largest exchange.
Binance is a cryptocurrency exchange platform founded in 2017 by Changpeng Zhao in China, although its headquarters and servers would later move to Japan, Taiwan, and Malta due to the Chinese government's ban on trading in cryptocurrencies. It is part of the decentralized economy. It is considered the largest Exchange and the most used by users in 2018.
This is the exchange that most moves bitcoin in the world, it is also the most recognized. It currently has branches worldwide.
Pros
- It has security protocols, SSL encryption.
- Own BNB Token
- It has a great security system.
- It has a two-factor verification and authentication system, since it requires more than entering data and passwords, verification by SMS and / or email, to make transactions.
- You can choose custom, basic or professional interfaces.
- It offers services throughout the planet.
Cons
- does not prevent 100% the intervention of Hackers and computer attacks.
- It does not have regulation from any official body.
- Very high exchange rates.
- withdrawal of certain cryptocurrencies.
- Delayed withdrawal of certain cryptocurrencies.
