Review on Binance by Ferdinand X-way
Binance is an exchange platform.
Binance is an exchange previously based in Hong Kong and is one of the absolute giants in the industry. It launched in July 2017 and has then really developed into the market leader among cryptocurrency exchanges. The business department at Binance did however ask us to specify that the company was based in Malta, and not Hong Kong. Malta is together with Estonia and Gibraltar one of the few countries in Europe that has developed explicit license requirements for cryptocurrency exchanges.
Pros
- Credit card and cryptocurrency are available for deposit methods.
Cons
- Wire transfer is not available for deposit method.
