Review on Binance by Muhammed Özdemir

Name: Binance
Item: Binance
Rating: 5

April 17, 2021

Binance

Before you wonder how to use Binance and create a new account in the stock market, it is very important to learn its advantages and disadvantages. This will ensure that you choose the right exchange. One of the main reasons the Binance exchange is so popular is that it has a large number of cryptocurrencies. Binance is an exchange that hosts crypto to crypto trading. So real currencies such as US Dollars (USD) or Euros (EUR) are not accepted. The stock exchange was established in China in 2017. However, since China's cryptocurrency laws are very strict, the stock market moved to Japan, a country where digital currencies are loved !, Since its establishment in 2017, Binance has had a very successful start. It now trades an average of $ 1 billion per day. This makes it the largest exchange in sub-coin trading. Binance soared so quickly that they had to stop new registrations in January 2018. Too many people were trying to create a Binance account. If we come back to the pros again, another mythical feature of the exchange in Crypto-to-crypto trading is that Binance fees are one of the lowest fees in the market, thanks to low fees. Users get 0.1% on every trade. So if you are going to make a transaction of 1 ETH, a fee of 0.001 ETH is charged, which is one of the features that makes it unique. Thanks to its rewards, regular users who trade using Binance have the chance to win prizes. These awards are constantly updated. Previously, cryptocurrencies such as Waves (WAVES) and Ontology (ONT) were given free of charge. Even a car with the Maserati brand was given. Me and us have satisfied the users enough with their great rewards.
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Pros