Review on Binance by JB CRYPTO
Binance the best online trading platform !!
Binance, one of the most popular platforms in the world of online cryptocurrency exchange, binance has been on the internet for some years, its executive director is Changpeng Zhao, the origin of this platform is Asian.
Binance is considered one of the highest-end platforms in the world for the exchange of digital currencies, becoming in 2018 the exchange platform with the most commercial volume that exists, it is based on the purchase or sale of cryptocurrencies in an “easy” way. they have many options on the market.
Currently users who want to save, sell or buy cryptocurrencies opt for binance, due to its wide variety of virtual exchange currencies and because it has a low cost in its transactions.
This platform started in China in 2017, some inconveniences arose at the time of the launch of the platform Changpeng Zhao had to travel to Japan to continue operating it, it was in 2018 that it began to have great repercussions and became the most popular in the world. crypto exchange market, having the largest approximate crypto exchange of more than 1.3 million dollars. Making CEO Changpeng Zhao one of the richest people in the world according to Forbes.
Registering with binance is simple and free, we only need an email and a password to get started in business.
In its online platform once registered we can see various options such as: Cryptocurrency exchanges, academia, BCF (blockchain foundation and information about other companies), information, Launch Pad, research and trust wallet.
Binance has its own cryptocurrency called Binance coin (BNB) in its transactions are eliminated by the same platform, since they seek that the value that BNC owns increases for better profits.
Binance regularly holds competition events or contests for its users, in which you can be with the cryptocurrency you want and win prizes. His latest promotion was at least 10,000 BNB in prizes for all users anywhere in the world.
Is Binance safe?
Binance has several security systems in its transactions, security in this type of platform is essential for customer satisfaction and peace of mind, some of its security methods are: Google Authenticator, ISO / ico 27003: 2013, they also support the idea to use long passwords and manage not so high funds.
Pros
- It has a fairly innovative security system
- Being one of the largest exchange platforms, it is safer and more efficient
- On several occasions you have the best prices in trading
- Has its own cryptocurrency
Cons
- Money can only be entered into the platform with virtual currencies
- The service with its users is not totally fast and efficient
