Review on Binance by Umut ERDOGAN
What's on Binance ?
On Binance, you can withdraw up to 2 BTC per day without account verification, which is a very high number. While some documents (identity, photo, invoice, etc.) are requested from you for account verification in other exchanges, Binance does not.
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It provides services thanks to the commissions it receives from every exchange. It works like this on Binance, but it has an advantage that it gives us, which is Binance coin / BNB. This altcoin is Binance's own coin and for example, when you buy 1 and put it in your account, your BNB coin will be used in all of your next coin trading and the commission rate on this coin is 50% lower. If you are going to buy and sell constantly, I suggest you buy small or sufficient BNB coins to pay less commission.
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Pros
- Cryptocurrencies can be purchased with credit or debit cards and there are no prerequisites for transactions.
- The limit for purchasing cryptocurrencies with a credit card is high.
- On Binance, which offers many options such as spot, margin, peer-to-peer and futures markets, it is also possible to stake and generate income other than trading.
Cons
- Customer service should be improved
