1 Level
2 Review
5 Karma
Review on Binance by Mr. MATHReX
Binance - A well established and a reputable exchange.
I've used Binance for a long time and it is my go to exchange for day trading. The trading fees is a bit high but the possibility of paying fees in the BNB token which provides 25% discount is a good alternative to save some in fees. The security features are good and double authentication makes it really hard to break into someones account. There is a large amount of trading pairs available which makes it easier to trade one coin for the other. Moreover, the trade volume and liquidity is immense which results in fulfillment of the orders very quickly. There are many options available to display graphs in different forms. The UI is simple to understand and easy to use.
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Pros
- Simple and Elegant process to register.
- Intuitive UI with support for many display tools.
- Mobile App support.
- Security measures are robust.
- A vast amount of trading pairs.
- Huge volume and liquidity.
- API Support and fetching.
Cons
- Centralized Exchange.
