Review on Binance by Joseph Bello
The Amazing Exchange "Binance"
Ever since the inception of cryptocurrency there has been a need for a genius and reliable exchange for trading of crypto for holders across the globe,it was because of this Binance exchange was created to connect all those engaged in the crypto transaction,thereby acting as a network for all those in the crypto community to converge and engage in transactions such as the buying and selling of digital currency.
join this pIatform with high expectation of getting an exchange platform that will provide me with an enabling environment for me to sell my Crypto's and also make purchase from genius sellers ,and since then I have no cause for regrets as Binance has proven to be an exchange that make's the satisfaction of it's trader their sole priority and concern.
Binance has been listed as one of the very best exchanges so far when it come to ggetting place to trade your cryptocurrency, with Binance all my trading transactions are made convient The entire trading process is totally transparent as it allows both the buyer and seller to come in direct contact without interference from a middleman acting as a proxy for both traders.
Also Binance gives out Amazing rewards to it's user which might not easily be gotten from other exchanges, it gives me an opportunity to trade with new and already existing Cryptos currency with low transaction fee ,and absence of withdrawal and deposits transactions unlike other exchanges ,the beginners and advanced traders can make use of these exchange .
Pros
- It's customer service is okay
- it has a low transaction fee of 0.1% of total transaction
- they don't charge user's for deposits and withdrawals since it is a crypto to crypto exchange
- high trading limit of 650,000 USD dollars per day
- it is okay for both the advanced traders and beginners
- it is the largest exchange for Bitcoin and altcoin
Cons
- its security has been breached leading to the loss of 7,000 BTC coins
