Review on Binance by larei bello
Binance- fast and reliable platform
We've been looking for an exchange platform that has processes transactions quickly and comes with low transaction fee. Well, Binance is the platform. It is a very efficient crypto currency exchange platform. It is one of the largest crypto exchange sites in the world, it was developed in Asia in 2017 it moved its headquarters from China to Japan by its founder Chang Peng. It is a classic exchange site because it comes with a good mobile app. Binance USD is the native token on Binance which is very stable. It has a very good user interface which makes the platform usable. It is multi lingual based , hence it is not restricted to one particular region of the world. The best thing to do is connect your binance account with your wallet because leaving your coins online makes them prone to external cyber aggravation like hacking. Though Binance is highly secure it has experienced a threat in the past. Now, Binance uses KYC to verify its users, without this KYC no user can be able to trade fiat currency on the platform
It is a very advantageuos platform
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Pros
- Greatly secured
- After KYC you can trade in fiat currency
- It has a mobile app
- It is user friendly
Cons
- It has witnessed security drawbacks
New products
Comments (1)
December 21, 2020
The Binance exchange platform is a one of it's kind exchange platform. Ranging from it's speedy growth, it's popularity in terms of high trading volume and it's cheap trading fee. I am currently using this exchange platform actively and I really enjoy their services
